DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
3 min read
A letter of credit scenario was discussed during a recent meeting of bankers involving a commercial LC calling for “Original Air Waybills to be further endorsed to [Named Issuing Bank]”, among its requirements.
For a received AWB without endorsement, the question was asked whether this is a discrepancy. For a received AWB further endorsed to the issuing bank, should the bank add endorsement to the AWB?
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