{"id":2664,"date":"2018-09-30T05:26:47","date_gmt":"2018-09-30T09:26:47","guid":{"rendered":"http:\/\/www.letterofcredit.biz\/?p=2664"},"modified":"2019-04-07T01:44:44","modified_gmt":"2019-04-07T05:44:44","slug":"field-46a-documents-required","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2018\/09\/30\/field-46a-documents-required\/","title":{"rendered":"Field 46A: Documents Required"},"content":{"rendered":"<p><strong>What is Field 46A: Documents Required?<\/strong><\/p>\n<p>Field 46A: Documents Required is a field in MT 700 swift message type that contains a description of any documents required.<\/p>\n<p>This is an optional field.<\/p>\n<p>According to current letter of credit rules banks deal with documents and not with goods, services or performance to which the documents may relate.<\/p>\n<p>Presentation means either the delivery of documents under a credit to the issuing bank or nominated bank or the documents so delivered.<\/p>\n<p>According to current letter of credit rules a nominated bank acting on its nomination, a confirming bank, if any, and the issuing bank must examine a presentation to determine, on the basis of the documents alone, whether or not the documents appear on their face to constitute a complying presentation.<\/p>\n<p><strong>MT 700<\/strong><br \/>\n<strong>Field 46A: Documents Required:<\/strong><br \/>\n<strong>DEFINITION<\/strong><\/p>\n<p>This field contains a description of any documents required.<\/p>\n<p><strong>USAGE RULES<\/strong><\/p>\n<ul>\n<li>When the ultimate date of issue of a transport document is specified, it is to be specified with the relative document in this field.<\/li>\n<li>For credits subject to eUCP, the format in which electronic records are to be presented must be specified in this field.<\/li>\n<li>To cater for lengthy documentary credits, up to three MT 701s may be sent in addition to an MT 700.<\/li>\n<li>However, field 46a may appear in only one message, ie, either in the MT 700 or in one MT 701.<\/li>\n<li>This means that in any documentary credit, there is a limit of 100 lines of 65 characters to specify the documents required.<\/li>\n<li>The specification of each new item should begin on a new line, preceded by the sign &#8216;+&#8217;.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What is Field 46A: Documents Required? Field 46A: Documents Required is a field in MT 700 swift message type that contains a description of any documents required. This is an optional field. According to current letter of credit rules banks<\/p>\n","protected":false},"author":1,"featured_media":2670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[273,231],"tags":[304,276,238,239],"class_list":["post-2664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mt-700-issue-of-a-documentary-credit","category-swift-messages","tag-field-46a-documents-required","tag-mt-700-issue-of-a-documentary-credit","tag-swift","tag-swift-messages"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/2664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2664"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/2664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/2670"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}