A credit states in documents required field: "Certificate of origin to be issued by a competent party." Documents show that a certificate of origin has been issued by the 'beneficiary'.

An LC is confirmed and is available with the confirming bank. The beneficiary chooses to present the document directly to the confirming bank but the issuing bank wrongly dishonors it. Should the confirming bank honor the presentation, given that the LC has meanwhile expired?

A Bangladeshi Garments manufacturer cum exporter received cash in advance under an export contract from a foreign buyer. But due to non-shipment by the exporter, the foreign buyer complained to Bangladesh Bank, FBCCI and their embassy in Dhaka. Bangladesh Bank asked the local bank to return the advance payment or make the export. Then the local bank replied in writing that export performance against advance payment is not the bank's responsibility.

You have received an export bill of USD 30,000.00 for negotiation from one of your valued customers. As per B/L, last date of shipment was on 15th June. But insurance policy issued on 17th June stated that insurance cover would have been effective on June 15. You have sent the export bill after the negotiation. The issuing bank refused to accept the document arguing that the insurance was issued 2 days after the shipment.