Published on Letter of Credit Forum (http://letterofcreditforum.com)

Payment delay

By evan_cs
Created 09/04/2008 - 19:47

I exported some goods to Bangladesh under Letter of credit at sight, consignee: to the order of issuing bank. The issuing bank received the shipment docs 20 days before (as per DHL tracking) , in last 20 days no discrepancy notice received from issuing bank. My bank sent swift message asking for payment but no reply from issuing bank. No add confirmation. At this situation pls suggest me what can I do?


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