作者polar168

ADVISING BANK IS TO ENSURE THAT ALL ADVISING BANK CHARGES ARE COLLECTED FROM BENEFICIARY BEFORE RELEASING THE ORIGINAL LETTER OF CREDIT.

HENCE, ARTICLE 37C UNDER UNIFORM UCSTOMS AND PRACTICE FOR THE DOCUMENTARY CREDITS BY THE INTERNATIONAL CHAMBER OF COMMERCE PUBLICATION CURRENTLY IN FORCE IS TO BE EXCLUDED AND DOES NOT APPLY FOR THIS DOCUMENTARY CREDIT.

A DISCREPANCY FEE OF USD50.00 WILL BE DEDUCTED FROM THE PROCEEDS OF ANY DRAWING IF DOCUMENTS ARE PRESENTED WITH DISCREPANCY(IES) AND THE ACCEPTANCE OF SUCH DOCUMENTS PRESENTED WITH DISCREPANCY(IES) DOES/DO NOT IN ANY WAY ALTER THE TERMS AND CONDITIONS OF THIS CREDIT AND DOES NOT REPRESENT SUBSEQUENT ACCEPTANCE AND APPROVAL OF THE SIMILAR DISCREPANCIES BY THE LC ISSUING BANK IN THE FUTURE.
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