11.6.3.2 Notes on amendment to a credit修改信用证的注意事项

11.6.3.2 Notes on amendment to a credit修改信用证的注意事项

When it comes to an amendment initiated by the importer,three points need to be highlighted:First,you must notify both the importer and the advising bank of your acceptance or rejection of the amendment.Some exporters may forget to notify the advising bank of their acceptance,then the original credit or the one that incorporates previously accepted amendment shall still be in force.Second,acceptance of an amendment can also be indicated by your act.For example,in case you forget to notify the advising bank of an amendment,but have presented the documents in a manner that they comply with the credit and any not yet accepted amendment,your presentation shall be deemed as your acceptance of this amendment.And as of that moment,the credit is amended.Third,you cannot accept an amendment partially.A partial acceptance shall be deemed to be notification of your rejection of the amendment.