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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...
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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 ...
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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...
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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...
