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LC Is Already Confirmed By Bank, Can We Request For An Amendment Still?

Posted: Wed Jun 03, 2015 2:58 pm
by bdpnikita
Hi,

I've recently been handling LC's. My question is once the LC is confirmed by the confirming bank, can the seller/exporter request for any more amendments on the LC?

Confirm..

Posted: Sat Jun 06, 2015 2:32 pm
by picant
Hi Pal,

confirming bank may extend its undertaking on amendments, artt 9e and 10 b UCP 600.
Other comments apprecited
Ciao

Sill be Amended.

Posted: Sat Jun 13, 2015 12:37 am
by AbulKalam
A confirmed LC can be amended but here comfirming bank agreement os need in addition to issuing bank and beneficiary.

Regards
Azad