{"id":27590,"date":"2022-06-25T07:05:00","date_gmt":"2022-06-25T07:05:00","guid":{"rendered":"https:\/\/scmwizard.com\/?p=27590"},"modified":"2022-06-25T07:05:00","modified_gmt":"2022-06-25T07:05:00","slug":"f31c-date-of-issue-lc","status":"publish","type":"post","link":"https:\/\/scmwizard.com\/f31c-date-of-issue-lc\/","title":{"rendered":"Field 31C Date of Issue in Letter of Credit"},"content":{"rendered":"
This is a mandatory field in MT700 type SWIFT msg<\/a>.<\/p>\n This field indicates the date on which the LC is being issued by the Issuing bank.<\/p>\n According to SWIFT:<\/strong><\/p>\n This field specifies the date on which the issuing bank (Sender) considers the documentary credit as being issued.<\/p><\/blockquote>\n This is the issuance date, not the advising or acceptance date by the beneficiary<\/a>.<\/p>\n Normally the SWIFT is transmitted on this date.<\/p>\n The format is:<\/strong> YYMMDD<\/p>\n Sometimes there\u2019s an instruction in the LC to mention the LC issue date in the shipping documents.<\/p>\n Here\u2019s an example:<\/strong><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" This is a mandatory field in MT700 type SWIFT msg. This field indicates the date on which the LC is being issued by the Issuing […]<\/a><\/p>\n","protected":false},"author":1,"featured_media":27595,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2856],"tags":[],"yoast_head":"\n