reimbursing authorization
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edilee
- Posts: 105
- Joined: Wed Dec 16, 2009 12:38 am
- First Name: edilee
- Last Name: cdcs
- Organization: cdcs
- Filter: Two Plus Two =: 4
reimbursing authorization
must a claiming bank be indicated on reimbursing authorization of issuing bank
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yonghyuk
- Posts: 1
- Joined: Mon Jan 25, 2010 2:59 pm
- First Name: yonghyuk
- Last Name: jeung
- Organization: citi
- Filter: Two Plus Two =: 4
reimbursement authorization
Dear edilee
Pls refer to URR725 Art.6
A reimbursement authorization must state claiming bank or, in the case of a credit available with any bank, that claims can be made by any bank. In the absence of any such indication, the reimbursing bank is authorized to pay any claiming bank.
Best regards
YH Jeung
Pls refer to URR725 Art.6
A reimbursement authorization must state claiming bank or, in the case of a credit available with any bank, that claims can be made by any bank. In the absence of any such indication, the reimbursing bank is authorized to pay any claiming bank.
Best regards
YH Jeung