DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
4 min read
LCs calling for copies and photocopies. Does it make a difference if copies are called for by the applicant compared to photocopies presumably called for by the issuing bank?
In a recent discussion among LC specialists, the group considered the situation of a commercial LC which required “presentation of 3/3 original onboard Bills of Lading and 3 copies apart from other documents”.
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