A thorough analysis of UCP 600 article 32 - and the
meaning of the word "drawing" and whether or not that invokes article 32 in
case of late presentation.
lcviews.com receives many questions on how LCs issued
subject to UCP 600 is made available (by payment, negotiation etc.) – and
the consequence in that respect.
Exclusively for lcviews.com
Kim Christensen presents the article "UCP 600 Exclusions in perspective".
The article is an analysis of the Banking Commissions position towards the
so-called "exclusions" i.e. a clause in an LC excluding a
UCP 600 article or
sub-article from the LC.
One case that has really been in focus within the LC
community has been the case where a bill of lading shows a place of receipt
different from the port of loading....