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Article 4 Documents v Good s/Services/Performances In Credit operations all parties concerned deal with documents, and not with goods, services and/or other performances to which the documents may relate Article 5. Instructions to Issue/Amend Cred its a Instructions for the issuance of a Cred it the cred it itself. instructions for an amendment thereto and the amend ment itself must be complete and precise. In order to guard against confusion and misunderstand ing, banks should discourage any attempt i to include excessive detail in the Credit or in any amendment thereto i)to give instructions to issue, advise or confirm a Credit by reference to a Cred it previously issued(similar Credit )where such previous Cred it has been subject to accepted amendment(s), and/or unaccepted amendment(s), b. All instructions for the issuance of a cred it and the cred it itself and, where applicable, all instructions for an amendment thereto and the amendment itself, must state precisely the document(s)against which payment, acceptance or negotiation is to be made B FORM AND NOTIFICATIOIN OF CREDITS Article 6. Revocable v Irrevocable Cred its a. a Cred it may be either irevocable, or ii) irrevocable b. The Credit, therefore, should clearly indicate whether it is revocable or irrevocable c. In the absence of such ind ication the cred it shall be deemed to be irrevocable Article 7. Advising Bank's Liability a. A Cred it may be advised to a Beneficiary through another bank(the"Advising Bank ")without engagement on the part of the Advising bank, but that bank, if it elects to advise the Cred it, shall take reasonable care to check the apparent authentic ity of the Credit which it advises. If the bank elects not to advise the cred it. it must so inform the Issuing Bank without delay b. Ifthe Advising Bank cannot establish such apparent authenticity it must inform, without delay the bank from which the instructions appear to have been received that it has been unable to establish the authenticity of the Cred it and if it elects nonetheless to ad vise the Credit it must inform the beneficiary that it has not been able to establish the authenticity of the Credit Article 8 Revocation of a Cred it a. A revocable Cred it may be amended or cancelled by the IssuingArticle 4. Documents v. Goods/Services/Performances In Credit operations all parties concerned deal with documents, and not with goods, services and/or other performances to which the documents may relate. Article 5. Instructions to Issue/Amend Credits a. Instructions for the issuance of a Credit, the Credit itself, instructions for an amendment thereto, and the amendment itself, must be complete and precise. In order to guard against confusion and misunderstanding, banks should discourage any attempt i) to include excessive detail in the Credit or in any amendment thereto; ii) to give instructions to issue, advise or confirm a Credit by reference to a Credit previously issued (similar Credit) where such previous Credit has been subject to accepted amendment(s), and/or unaccepted amendment(s), b. All instructions for the issuance of a Credit and the Credit itself and, where applicable, all instructions for an amendment thereto and the amendment itself, must state precisely the document(s) against which payment, acceptance or negotiation is to be made. B. FORM AND NOTIFICATIOIN OF CREDITS Article 6. Revocable v. Irrevocable Credits a. A Credit may be either i) revocable, or ii) irrevocable. b. The Credit, therefore, should clearly indicate whether it is revocable or irrevocable. c. In the absence of such indication the Credit shall be deemed to be irrevocable. Article 7. Advising Bank's Liability a. A Credit may be advised to a Beneficiary through another bank(the "Advising Bank") without engagement on the part of the Advising Bank, but that bank, if it elects to advise the Credit, shall take reasonable care to check the apparent authenticity of the Credit which it advises. If the bank elects not to advise the Credit, it must so inform the Issuing Bank without delay. b. If the Advising Bank cannot establish such apparent authenticity it must inform, without delay, the bank from which the instructions appear to have been received that it has been unable to establish the authenticity of the Credit and if it elects nonetheless to advise the Credit it must inform the Beneficiary that it has not been able to establish the authenticity of the Credit. Article 8. Revocation of a Credit a. A revocable Credit may be amended or cancelled by the Issuing
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