
            <p>
          </p><ul>

<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">This field specifies the party in favour of which the documentary credit is being issued.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">Beneficiary means the party in whose favour a credit is issued.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">Presenter means a beneficiary, bank or other party that makes a presentation.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">A beneficiary can in no case avail itself of the contractual relationships existing between banks or between the applicant and the issuing bank.</font></li>
<li style="line-height:2.00;"><font class="ws12" face="Calibri" color="#FFFFFF">Except as provided in sub-article 29 (a), a presentation by or on behalf of the beneficiary must be made on or before the expiry date.</font></li>

</ul>

        <p></p>
        <h3>Sample Field 59: Additional Conditions</h3>
       <br><br>

           