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PLACE FOR PRESENTATION, Expiry place& Date . » a documentary credit may indicate that it is available with any bank, but this is also usually restricted, by reference in the documentary credit, to an expiry place (that is, a city or country), in which event it will be available with any bank located in that place. ar ees Sender : EBE BANK , EGYPT cl Receiver : BANK OF INDIA , MUMBAI 31D: Date and Place of Expiry 110210 EGYPT 41D: Available With...By... - Name&Addr BANK OF INDIA , MUMBAI BY PAYMENT LATEST DATE FOR PRESENTATION IS. ...? IN... ? » For example, a documentary credit that expires at the counters of the issuing bank, but is available with a nominated bank by payment, acceptance, deferred payment or negotiation does not provide for the expiry date to be a latest date for presentation of documents to that nominated bank by, or on behalf of, the beneficiary An expiry date that applies at the counters of the issuing bank requires that the issuing bank must receive the documents no later than that expiry date. Sender : EBE BANK , EGYPT Receiver : BANK OF INDIA , MUMBAI ‘59: Beneficiary - Name & Address MAPATLAL DENIM LIMITED, INDIA 1D: Date and Place of Expiry 110210 INDIA 41D: Available With...By... - Name&sAddr EBE BANK , EGYPT BY PAYMENT a documentary credit that expires in the country of the beneficiary, but which is available only with the issuing bank, country on or before the expiry date. There is no nominated bank, and the issuing bank is the only bank authorized to pay, accept a draft or incur a deferred payment undertaking. Provided complying documents are presented to a bank in the beneficiary's country no later than the expiry date, the issuing bank will be required to honour that presentation even if received by them after the expiry date.

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