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June 2016

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• Key DOCDEX Decisions: No. 330

  15/06/2016
  An issuing bank refused a demand under a standby credit on the basis of three discrepancies: goods description differed; incorrect AWB number shown on documents; and AWB showed incorrect airports of departure...

• Key DOCDEX Decisions: No. 312

  09/06/2016
  A credit was issued requiring, amongst other documents, "Original full set of clean on board bill of lading issued by carrier or agent ...

• Key DOCDEX Decisions: No. 281

  07/06/2016
  A credit included a pricing calculation that was to be based on a market quotation applicable on the date of the bill of lading...

• Characteristics of different types of documentary credits

  01/06/2016
  Commercial documentary credits - A means of payment for the delivery of goods or the provision of services...