June 2016

  • Key DOCDEX Decisions: No. 330
    An issuing bank refused a demand under a standby credit on the basis of three discrepancies: goods description differed; incorrect AWB number shown on documents; and AWB showed incorrect airports of departure...
  • Key DOCDEX Decisions: No. 312
    A credit was issued requiring, amongst other documents, "Original full set of clean on board bill of lading issued by carrier or agent ...
  • Key DOCDEX Decisions: No. 281
    A credit included a pricing calculation that was to be based on a market quotation applicable on the date of the bill of lading...
  • Characteristics of different types of documentary credits
    Commercial documentary credits - A means of payment for the delivery of goods or the provision of services...