Beneficiary's Country Vs Negotiating Bank's Counter

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dodo
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Beneficiary's Country Vs Negotiating Bank's Counter

Post by dodo » Tue Sep 27, 2016 1:51 pm

Hi all,
Is there any differences between LC expired at the beneficiary's country and LC expired at the nego.bank's counter?
Thank you and best regards.

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nraajesh
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Place of expiry

Post by nraajesh » Mon Oct 10, 2016 9:12 pm

Hello friend,

Typically the nego bank resides in bene country and therefore, there is no difference.. however, if the country of nego bank is different from the country of bene, it makes a difference.

Cheers!!
Rajesh

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