Random good picture Not show

1. This credit is restricted for negotiation through advising bank.

2. Negotiation under this Credit is restricted to Advising Bank.

3. The advising bank credit limit, temporary increase in thought himself was behind the trip fell ill.

4. Credit available with advising bank by negotiation, against presentation of beneficiary's drafts at sight , drawn on issuing bank in duplicate .

5. If a bank uses the services of an Advising bank to have the Credit advised to the beneficiary, it must also use the services of the same bank for advising an amendment(s).

6. Advising bank, usually in Seller's country, forwards letter of credit to Seller informing about the terms and conditions of credit.

7. Advising bank means the bank that advises the credit at the request of the issuing bank.

7. Sentencedict.com try its best to collect and make good sentences.

8. The opening bank requests the advising bank to notify the beneficiary without adding their confirmation.

9. This preliminary notification should state clearly that the notification is provided for information only and without the responsibility oif the Advising Bank.

10. Each presentation of documents must indicate the credit number of the issuing bank and the credit number of the advising bank.

11. Unless the Issuing Bank specifies otherwise in its authorisation or request to add confirmation, the Advising Bank may advise the Credit to the Beneficiary without adding its confirmation.

12. C-the negotiating bank should confirm on their covering schedule that all charges of advising bank have been prepaid.

13. A credit or amendment should not stipulate that the advising to a beneficiary is conditional upon the receipt by the advising bank or second advising bank of its charges.

14. Negotiating bank must confirm on the docs covering schedule that all charges of the advising bank have been paid.

15. A credit or alteration should not agree that the advising to a advantageousiary is codicillary upon the receipt by the advising bank or additional advising bank of its charges.

16. To make payment in target dates for each consignment shall be effected by within 5 banking days after receipt by the advising bank of all documents required under clause 9.

17. If this LC is negotiated by a bank other than the advising bank the negotiating bank is to certify on covering schedule that advising bank charges are paid.

18. Negotiations of drafts under this Credit are restricted to the above-mentioned advising bank .

19. On shipment , the exporter presents the shipping documents to his advising bank(or the negotiating bank)with the request for payment in accordance with the payment terms.

20. The Issuing Bank must forward the operative Credit instrument or the operative amendment to such Advising Bank without delay.