caption: Article 15 Five banking days is the maximum time for banks to examine documents. What is the.
exif: {"Image DocumentName": "Article 15 Five banking days is the maximum time for banks to examine documents. What is the.", "Image ImageDescription": "maximum time for banks to pay the proceeds to a beneficiary under a sight credit? Answer: When a nominated bank acting on its nomination, a confirming bank, if any, or the. issuing bank determine that the documents comply they must either honour or. negotiate. The maximum time for honour or negotiation will be affected by the. reimbursement conditions that are stated in the credit. For example, if a credit states. that the confirming bank is to claim reimbursement value 3 working days following the. determination of compliance of the documents, then the settlement to the beneficiary. will be with a value date that matches the value that the confirming bank expects to be. reimbursed.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}