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Advice of Acceptance

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Advice of Acceptance
A statement issued by a bank notifying another bank of the positive result of a letter of credit or other demand for payment. That is, the advice of acceptance informs the second bank that the bill of lading was honored and paid as demanded. It is a type of advice of fate.


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3 The Consideration Shares will be posted or transferred at the risk of the Marshalls shareholder concerned by no later than five Business Days after receipt of the Documents of Title and the Form of Acceptance and Surrender, or advice of acceptance of the offer being received from the CSDP or broker, as the case may be.
 
 
 
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