Banking days, grace days, delays in remittance

Banking days, grace days, delays in remittance
50) Payment must be available in immediately available funds on the due date at the place where the draft or documents are payable, provided such due date is a banking day in that place. If the due date is a non-banking day, payment will be due on the first banking day following the due date unless the credit states otherwise. Delays in the remittance of funds, such as grace days, the time it takes to remit funds, etc., must not be in addition to the stated or agreed due date as defined by the draft or documents.
Endorsement
51) The draft must be endorsed, if necessary.
Amounts
52) The amount in words must accurately reflect the amount in figures if both are shown, and indicate the currency, as stated in the credit.
53) The amount must agree with that of the invoice, unless otherwise stated in the credit or as a result of UCP sub-Article 37(b).
How the draft is drawn
54) The draft must be drawn on the party stated in the credit.
55) The draft must be drawn by the beneficiary.
Drafts on the applicant
56) Credits should not be issued requiring that drafts be drawn on the applicant. If a credit calls for drafts to be drawn on the applicant, banks must consider such drafts as additional documents to be reviewed in accordance with UCP Article 21.
Corrections and alterations
57) Corrections and alterations on a draft, if any, must appear to have been authenticated by the drawer.
58) In some countries draft(s) showing corrections and alterations are not acceptable even with the drawer's authentication. Issuing banks in such countries should make a statement in the credit to the effect that no correction or alteration must appear in the draft(s).