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International Law

: Bank Law Blog

Volcanoes, documentary credits and delay

By 1banklawblogger

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The International Chamber of Commerce have published a statement on the volcanic eruption delaying delivery of documents .  The delays in air traffic have prevented courier companies from delivering packages to their published schedules.  This has caused problems for banks where they were delivering documents that needed to be presented by beneficiaries and banks in transactions [...]

Full post as published by Bank Law Blog on April 23, 2010 (boomark / email).

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