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What Happens if Letter of Credit is Silent in Regards to the Period of...

Documents must be presented to the nominated banks within allowed time frame under letters of credit payments. Otherwise issuing banks or confirming banks raise late...

Stale Bill of Lading

According to the letter of credit rules a presentation consists of a transport document should be presented to the nominated bank within 21 days...
Field 48: Period for Presentation

Field 48: Period for Presentation

What is Field 48: Period for Presentation? Field 48: Period for Presentation is a field in MT 700 swift message type that is used to...
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