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The air waybill executed according to the terms of a letter of credit allows the shipper to present the original of the air waybill to the bank and collect the billed value of the shipped goods from the bank. The amount paid by the bank to the shipper will be debited to the consignee who ordered the goods. At the destination the carrier will only hand over the goods to the consignee on receipt of a bank release order from the consignee's bankers.

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Related Questions

How long does it take for the bank to release a garnishment in Virginia?

In Virginia, the timeframe for a bank to release a garnishment can vary, but it typically occurs within 30 days after the court issues an order to release the funds. The bank usually needs to process the court's order and may require the debtor to provide specific documentation. It's advisable for the debtor to follow up with both the bank and the court to ensure the release is executed promptly.


Is there a bank by the name of scobadev?

Scbd transfer schedule &scbd payment release order


Can I get a money order at my bank?

Yes, you can typically get a money order at your bank.


Can I deposit a money order in my bank?

Yes, you can deposit a money order in your bank.


Can you deposit a money order in the bank?

Yes, you can deposit a money order in the bank.


Can you put a money order in the bank?

Yes, you can deposit a money order into a bank account.


Can creditors call your bank?

They could, but it would be a waste of their time. Without a formal court order allowing or odering the bank m to release your funds they will take no notice of the calls, and no action against your accounts.


What is pay order?

Par order is the amount of money which mad a DD from the bank or the customer of the bank.


Can a bank unfreeze a court order blocked account?

No. The bank cannot override an order of the court.


Can I deposit a money order into my bank account?

Yes, you can deposit a money order into your bank account.


Can you deposit a money order into a bank account?

Yes, you can deposit a money order into a bank account by filling out a deposit slip and providing the money order to the bank teller for processing.


Is it possible to deposit a money order into my bank account?

Yes, it is possible to deposit a money order into your bank account. You can do this by filling out a deposit slip at your bank and providing the money order as the deposit amount. The bank will then process the money order and credit the funds to your account.

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