what does it mean "the documents so delivered"
dulari
what does it mean " the documents so delivered "
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dulari
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MIA19
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- First Name: SNJEŽANA
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what does it mean " the documents so delivered "
HI,
I suppose that you are asking for the meaning of definition of presentation in art. 2. (Presentation means either the delivery of documents under a credit to the issuing bank or nominated bank or the documents so delivered.)
I understand it as follows:
in UCP rules you can find the word 'presentation' to mean
1) an action of deliverying documents (e.g. when your client is deliverying documents to a bank he is making a presentation)
2) documents that are presented (their phYsical apperiance) meaning that those documents which are presented are also called 'presentation'
So when reading UCP 600 you can find the word 'presentation' to mean: an action of presenting (e.g. 'date of presentation') or to mean: documents presented (e.g. 'when a bank determines that a presentation is complying, it must...'
regards,
Snježana
I suppose that you are asking for the meaning of definition of presentation in art. 2. (Presentation means either the delivery of documents under a credit to the issuing bank or nominated bank or the documents so delivered.)
I understand it as follows:
in UCP rules you can find the word 'presentation' to mean
1) an action of deliverying documents (e.g. when your client is deliverying documents to a bank he is making a presentation)
2) documents that are presented (their phYsical apperiance) meaning that those documents which are presented are also called 'presentation'
So when reading UCP 600 you can find the word 'presentation' to mean: an action of presenting (e.g. 'date of presentation') or to mean: documents presented (e.g. 'when a bank determines that a presentation is complying, it must...'
regards,
Snježana