Blog - The Invisible Article – 2.0...
My previous blog post included the following statement:
Such requirement is not helpful – rather: it is destructive! Why not say: “Bill of Lading” or perhaps even better: “Non-negotiable sea waybill?”< ... Read On
Article - Issuing Bank Had to Pay Desp...
By Shahriar Masum
[Republished from LC Monitor with the kind consent of the author.]
1. Issuing bank had to pay despite discrepancies in the presented document.
2. The content of the refusal advice was not in industry standard.
... Read On
Review - ICC Guide to the Uniform Rules for Bank Payment Obligations
The ICC Guide to the Uniform Rules for Bank Payment Obligations examines the ways in which the three critical components - standards, platform and rules - must interact and complement one another to facilitate the successful completion of a BPO transaction.
BPOs enable banks to mitig ... Read On
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With best regard Admin, Besttradesolution.com, 07-12-2012
Addition of details by handwriting in pre-printed document not issued by beneficiary will be treated as a correction and require authentication
Poll initiated by sandeep_mt