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 CHAPTER 9 BANKS’ DUTIES TO ACCEPT OR REJECT PRESENTATION

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Bills of Lading and Bankers Documentary Credits

9

BANKS’ DUTIES TO ACCEPT OR REJECT PRESENTATION

GENERAL CONSIDERATIONS

9.1 This chapter is concerned with the banks’ duty to determine whether a presentation is a complying presentation (to use the wording of UCP 600, Art. 14(a)).

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