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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. A seller's collection letter specified that interest may not be waived. The buyer accepts the draft but refuses interest. Will the bank release the documents? What action will the Presenting bank take?
2. The Collecting bank receives a set of documents from the Remitting bank which is supposed to include a certificate of origin but does not. According to the URC522 what must the bank(s) do?
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