URR725 Art 6f

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hanifmb
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URR725 Art 6f

Post by hanifmb » Thu Mar 04, 2010 10:53 pm

[quote]Pre-notification and pre-debit notification must no be shown in the reimbursement authorization.
a) How can the issuing bank inform the reimbursement bank about its requirement of pre-debit notification ?
by using MT740 -sender to reciver information ?

b) If such pre-debit notification is indicated in MT740 field 72, then don't you think it is violation of the article 6f ?

hanifmb

jmitra
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field 72

Post by jmitra » Fri Mar 05, 2010 3:00 pm

yes you are right. pre-debit notification has to be shown on field 72. article 6f asks to put this information additionally in LC. thus the nominated bank will know that they will receive the payment after three days even when the credit is at sight

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