adress amendment of issuing bank

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edilee
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adress amendment of issuing bank

Post by edilee » Wed Dec 30, 2009 2:41 pm

Hello
when a issuing bank amend the adress that the documents will be sent to
is there any opportunity for nominated bank not to accept the amendment (according to ucp 600)
thanks

ldt5205
Posts: 68
Joined: Mon Mar 09, 2009 3:19 pm

Why?

Post by ldt5205 » Thu Dec 31, 2009 9:04 am

Sorry, i don not see any reason for the refusal if the amendment only relates to such address.

edilee
Posts: 105
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ISP 98 different from UCP 600 in that

Post by edilee » Fri Jan 01, 2010 11:49 pm

thanks
in ISP 98 ART. 3.14
there is a restriction for amending presentation address. moreover there is no any indication on UCP but I wonder whats happens if is a problem for both issuing and corresponding banks in a documentary credit
other comments appreciated

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