Español
FrançaisA maximum period set by statute within which a legal action can be brought or a right enforced. A statute may prohibit, for example, any individual or legal entity from bringing an action for breach of contract more than one…
Read MorePresentation date
The date on which compliant documents were given to the issuing bank or any other institution permitted under a letter of credit.
Read MorePresenting bank
In bank collections, the collecting bank that deals directly with the drawee; usually is the drawee´s bank of the account.
Read More
