Discrepancy If Presentation Is After Expiration Date
Posted: Tue Apr 08, 2014 6:14 pm
ISP 98
Rule 5.04 Notice of expiry- states that
Failure to give notice that a presentation was made after the
expiration date does not preclude dishonour for that reason.
Does this mean that in a Standby we need not raise discrepancy if presentation is after expiration date
Rule 5.04 Notice of expiry- states that
Failure to give notice that a presentation was made after the
expiration date does not preclude dishonour for that reason.
Does this mean that in a Standby we need not raise discrepancy if presentation is after expiration date