The rule is simple, but its application is ruthless: No phone calls. No suspicions. No “but we know.” Only the face.
Demand + a separate letter saying “By the way, the applicant is a habitual defaulter.” urdg 758 article 15a
Many practitioners confuse URDG 758 Article 15(a) with (document examination under documentary credits). While similar, the nuance is vital: The rule is simple, but its application is
On the face alone, “1234” vs “1234-A” is a minor discrepancy. Under URDG 758 Article 14(d), a data inconsistency does not make a document non-compliant if it does not create ambiguity. Article 15(a) must be read with Article 14(d). Compliance found – Pay. The rule is simple