One Stop Resource For Trade Finance Students

One Stop Resource For Trade Finance Students

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Thursday, November 09, 2006

A Few Questions and Answers on UCP - Part 7

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Question: An Indian Bank after negotiation did not pay to Beneficiary considering the non payment of earlier part bill by Foreign Bank again...
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A Few Questions and Answers on UCP - Part 6

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Question : Bank of India, Calcutta, negotiated Sonali Bank, Dhaka’s L/C which stipulated presentation of documents within 16 days from the ...

A Few Questions and Answers on UCP - Part 5

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Question: Contract terms stipulate "Net Cash Against a Customary Set of Shipping Documents for 98%. Balance 2% to be payable to XYZ t...

A Few Questions and Answers on UCP - Part 4

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Question: UCPDC 500 makes it mandatory that Letter of Credit should provide for Drafts/ Bill of Exchange to be drawn on the Opening Bank an...

A Few Questions and Answers on UCP - Part 3

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Question : Buyers in Italy get quick stay from the Court preventing payment being effected under letters of credit. Can ICC do something ab...
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Spent a lot of time in learning the subject and in the process collected a lot of stuff..so I thought I might as well share some what I learnt...
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