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APPLICATION for AMENDMENT to LETTER of CREDIT FM CUS 031 KTB Form

APPLICATION for AMENDMENT to LETTER of CREDIT FM CUS 031 KTB Form

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do you know your payment under LC is assured by the issuing Bank only when you are able to submit a complying presentation compliant presentation means a presentation which is in ance with first LC terms and condition second various rules of UCP 600 and third international standard banking practice therefore when you receive any export LC just go through each and every words of the LC to understand each and every terms and condition of the LC if you find any of the terms and condition which you will not be able to comply ask for the amendment before shipment of goes this is very important you need to have some basic understanding about UCP 600 and international standard banking practice because if documents are non-compliant means there are discrepancies in the documents your payment under LC will get delayed and in worst case scenario you may not get the payment at all be careful about that

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