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Please using only the URC522 Publication, provide responses to the following scenarios by referencing the supporting article. Also let me now which article you have referenced to answer.
Link to URC522
https://www.tradefinanceguru.net/international-rules/urc
1. In a collection transaction, the seller (principal) has not advised the Remitting bank of the name of the Collecting bank. What does the URC522 state that the Remitting bank should do?
2. The buyer has requested that the goods be consigned to order of the Presenting bank. What does the URC522 state in this regard?
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