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Please answer the following question in accordance with the following data. Bank A in Turkey sends a Letter of Credit to Bank B in Germany.

Please answer the following question in accordance with the following data.

  • Bank A in Turkey sends a Letter of Credit to Bank B in Germany. Turkish company is in Istanbul and the German company is in
    • Bank A in Turkey sends a Letter of Credit to Bank B in Germany. Turkish company is in Istanbul and the German company is in Munich. This is a confirmed L/C for EUR 100.000.
    • 3 copies of original invoice, showing cost of goods and flight carriage cost separately, are required.
    • Latest date of shipment is 31st of August 2011.
    • Partial shipment : Not allowed
    • Payment will be made on 180th day after shipment.

Question: Documents are accepted by the bank under RESERVE if the shipping document's date is the following:

A.

16.08.2011

B.

31.08.2011

C.

25.08.2011

D.

05.09.2011

E.

29.08.2011

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