On issuance of an L/C, the issuing bank requested ...
On issuance of an L/C, the issuing bank requested the advising bank to add its confirmation. The confirmation charges were on beneficiary's account. The confirming bank advised and confirmed the credit to the beneficiary without realization of charges on promise by the beneficiary that the charges will be paid at the time of negotiation. However the beneficiary presented the document to issuing bank directly and the confirming bank remains unpaid. The confirming bank claim charges to the issuing bank. Which one is the valid statement from the issuing bank?
(1)() The confirming bank is supposed to realize charges at the time of adding its confirmation.
(2)() The issuing bank will honor the claim of the confirming bank.
(3)() The issue is outside the scope of UCP.
(4)() The issuing bank will ask the confirming bank to settle the issue with the beneficiary.
时间:2023-02-11 15:12:42
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