Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When a documentary credit has been confirmed by UBS, can the exporter rely on receiving payment?

April 26, 2017credit Documentary exporter payment ubs

0

Posted

When a documentary credit has been confirmed by UBS, can the exporter rely on receiving payment?

1 Answer

0

Posted

The confirmed documentary credit only provides this assurance where all the terms of the credit including specified time periods, conformity of documents etc. have been complied with in full.