While browsing through the wide world of the internet web, I chanced upon several documents released by SWIFT over the last couple of years. One of the documents that I was happy to locate, and read from the first page to the last, was called “SWIFT Standards - Category 7 - Documentary Credits and Guarantees … Continue reading Making SWIFT changes
Availability and expiry under Article 6, UCP 600[1]
Rupnarayan Bose[2] Introduction I am sure one can easily recall the following lines from the popular musical The Sound of Music: “How do you solve a problem like Maria? How do you catch a cloud and pin it down?” Replace ‘Maria’ with issues like negotiation, pre-payment, drafts, shipment date – you name it – and … Continue reading Availability and expiry under Article 6, UCP 600[1]
