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Draft Opinions Cyprus October 2020 (virtual)

02/09/2020

Five queries have been received for discussion at the next ICC Banking Commission meeting which will be held virtually in October 2020. TA.905 was withdrawn. 

 

 

TA.903 - presentation of an AWB on two separate sheets.

 

TA.904 - do previous waivers continue to apply for future presentations under documentary credits?

 

TA.906 - lack of clarification regarding acceptance of documents by the issuing bank. 

 

TA.907 - recovery of funds from a counter guarantor.

 

TA.908 - terms and conditions of an insurance document. 

 

 

We will provide you with more details and updates after conclusion of the meeting.

 

 

 

 

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