TAILIEUCHUNG - An Introduction to Letters of Credit phần 6

Ngân hàng phát hành, Ngân hàng xác nhận, nếu có, hoặc Ngân hàng được chỉ định hành động thay mặt cho họ, thì mỗi chủ có một thời gian hợp lý, không quá bảy ngày kể từ ngày ngân hàng sau ngày nhận được tài liệu, kiểm tra các tài liệu và xác định xemmất | b The Issuing Bank the Confirming Bank if any or a Nominated Bank acting on their behalf shall each have a reasonable time not to exceed seven banking days following the day of receipt of the documents to examine the documents and determine whether to take up or refuse the documents and to inform the party from which it received the documents accordingly. c If a Credit contains conditions without stating the document s to be presented in compliance therewith banks will deem such conditions as not stated and will disregard them. Article 14 Discrepant Documents and Notice a When the Issuing Bank authorises another bank to pay incur a deferred payment undertaking accept Draft s or negotiate against documents which appear on their face to be in compliance with the terms and conditions of the Credit the Issuing Bank and the Confirming Bank if any are bound i. to reimburse the Nominated Bank which has paid incurred a deferred payment undertaking accepted Draft s or negotiated ii. to take up the documents. b Upon receipt of the documents the Issuing Bank and or Confirming Bank if any or a Nominated Bank acting on their behalf must determine on the basis of the documents alone whether or not they appear on their face to be in compliance with the terms and conditions of the Credit. If the documents appear on their face not to be in compliance with the terms and conditions of the Credit such banks may refuse to take up the documents. c If the Issuing Bank determines that the documents appear on their face not to be in compliance with the terms and conditions of the Credit it may in its sole judgment approach the Applicant for a waiver of the discrepancy ies . This does not however extend the period mentioned in sub-Article 13 b . d i. If the Issuing Bank and or Confirming Bank if any or a Nominated Bank acting on their behalf decides to refuse the documents it must give notice to that effect by telecommunication or if that is not possible by other expeditious means without .

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