Hi friends,
Can you help me complete the Draft form in the case of sent reimbursement claim + 2 drafts to reimbursing bank as LC required.
Issuing bank: KOOKMIN BANK, byeokje branch
42A: Drawee
CZNBNZ2AXXX
53D: Reimburing bank
KOOKMIN BANK, AUCKLAND BRANCH (CZNBNZ2A)
How to complete the Draft form at position "Drawn under"... and "To" ...?
(Drawn under: issuing bank (applicable UCP rule) and To: Reimbursing bank ???)
Thanks advance,
Draft form in case of reimbursement claim
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Re: Draft form in case of reimbursement claim
Hi,
I would do it as usual: 'Drawn under L/C No.<number> dated <date> issued by KOOKMIN BANK, Byeokje Branch' and 'To: KOOKMIN BANK, AUCKLAND BRANCH, AUCKLAND, NEW ZEALAND', i.e. as referred under CZNBNZ2AXXX in field 42A or in SWIFT directory www.swift.com.
p.s. I would appreciate if you could also share your personal valuable opinion in this topic: viewtopic.php?f=2&t=743 regarding the Korean reimbursements matter
I would do it as usual: 'Drawn under L/C No.<number> dated <date> issued by KOOKMIN BANK, Byeokje Branch' and 'To: KOOKMIN BANK, AUCKLAND BRANCH, AUCKLAND, NEW ZEALAND', i.e. as referred under CZNBNZ2AXXX in field 42A or in SWIFT directory www.swift.com.
p.s. I would appreciate if you could also share your personal valuable opinion in this topic: viewtopic.php?f=2&t=743 regarding the Korean reimbursements matter