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5th Annual Letter of Credit MasterClass held in Dubai

08/04/2014 The 5th annual Letter of Credit MasterClass was held in Dubai on 7 & 8 April 2014 with 110 attendees. The topics covered included a review of the latest ICC Opinions; Incoterms from a corporate and bank perspective; standby LCs; document preparation and examination; the common pitfalls with letter of credit processing and handling; ISBP 745 in practice; Bank Payment Obligation and where it fits with the letter of credit; plus exercises and case studies.

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A credit required a shipping company certificate to be issued by the shipping company, carrier or its agent. The presented bill of lading is signed by an agent on behalf of the carrier. However, the presented shipping company certificate is issued by a different party. Can this be a discrepancy?

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5th Annual Letter of Credit MasterClass held in Dubai

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