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Rupnarayan Bose

Rupnarayan Bose

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Tag: letter of credit

July 9, 2019July 9, 2019 Rupnarayan Bose

Making SWIFT changes

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

July 9, 2019July 9, 2019 Rupnarayan Bose

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]

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