Habib Bank issued a letter of credit on the instructions of its account party calling for the payment of drafts upon the presentation of documents showing shipment by a certain date . The bank examined the documents and paid the beneficiary’s drafts . The account party refused to take the documents and reimburse the bank because the shipping date was incorrectly stated in the documents . The bank sued the beneficiary for a return of its money for presenting nonconforming documents . The bank brought its action undrer the UCP500 . The beneficiary claims that under the UCP the bank was precluded from complaining about the discrepancies because the bank had failed to object to the documents in a timely fashion . UCP500 , Article 14 ,states that an issuing or nominated bank must notify the beneficiary ( or another bank from which it is receiving the documents ) of the rejection without delay but no later than the close of the seventh banking day following the day of receipt of the documents . Judgment for whom and why?
Habib银行发出信用证的指示开证申请人要求付款的汇票在特定日期的单据显示发货。银行检查文件和支付受益人的汇票。帐户党拒绝接受文件和偿还银行,因为我们的出货日期是错误的文件中规定。受益人的银行起诉返回的钱呈现不相容的文档。银行将其行动undrer含意。受益人声称跟单信用证下银行避免抱怨差异,因为银行没有对象文件及时。,第十四条,国家发行或指定银行必须通知受益人(或另一家银行的接收文档)及时拒绝,但不晚于结束七天里银行收到单据后的一天。判断为谁,为什么?