artical 9

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atchanna babu
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Joined: 06/07/2010
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hi,

if anybody knows about below poing please explain with real time example along with tags for MT710 message. 

"c. An advising bank may utilize the services of another bank ("second advising bank") to advise the credit

and any amendment to the beneficiary. By advising the credit or amendment, the second advising bank

signifies that it has satisfied itself as to the apparent authenticity of the advice it has received and that the

advice accurately reflects the terms and conditions of the credit or amendment received. "

laxman12 (not verified)
International finace.

good friends.

 

"c. An advising bank may utilize the services of another bank ("second advising bank") to advise the credit

and any amendment to the beneficiary. By advising the credit or amendment, the second advising bank

signifies that it has satisfied itself as to the apparent authenticity of the advice it has received and that the

advice accurately reflects the terms and conditions of the credit or amendment received. "

 

regards,

phe9oxis,

http://www.guidebuddha.com