DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
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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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