Procedures for Handling a Non-complying Presentation 19 Mar, 2016 GENERAL LAW 0 P Only gold members can continue reading. Log In or Register to continue You may also needParties’ Roles in the Credit Opening ProcessBusiness Framework of the Credit DeviceSETTING UP A LETTER OF CREDIT TRANSACTIONThe Law Applicable to Beneficiary’s Presentation for PaymentNominated Bank’s Right of ReimbursementCONTRACT CHOICE OF LAW ISSUESConsequences of Failure to Issue a Conforming CreditPresentee Bank’s Document Examination DutiesPresenting Documents to Draw on the CreditUnavailable Stipulated DocumentConceptual Criteria for Identifying Conforming DocumentsPROPER PERFORMANCE UNDER THE OPERATIVE CREDITRequirements for Specific Modes of Documentation45 CISGElements of good style: clarity, consistency, effectiveness7 Skimming and Cash Larceny