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narisa
- Posts: 63
- Joined: Tue Feb 03, 2009 9:23 pm
Post
by narisa » Fri Aug 21, 2009 9:04 pm
Dear all !!
In ucp art 9 (c) said that "an advising bank may utilize the services of another bank (2nd adv bank)
to advise the credit and any amendment ..."
my question is , can the 1st adv bank choose to utilize 2nd adv bank by themselves or as l/c stipulated in field 57a ?
looking forward for all of your reply.
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shahriar
- Posts: 923
- Joined: Fri May 16, 2008 1:03 am
- First Name: Shahriar
- Last Name: Masum
- Organization: Mutual Trust Bank
- Filter: Two Plus Two =: 4
- Location: Bangladesh
Post
by shahriar » Sat Aug 22, 2009 8:37 am
Dear narisa,
Both of them will be considered as 2nd advising bank here.