| The credit received by A company is instructing 4 installment shipments. The A company shipped the goods normally in first and second time, delay the third shipment and shipped the fourth shipment on time. But the opening bank rejected the payment for the products shipped by third and fourth installment shipments. So the negotiating bank protested declaring the fourth shipment was made on time and in normal base.
Case study
1. The definition of Installment shipments
Unlike the partial shipments, the Installment shipments allow shipments to divide products but according to the dates and the quantities stated in a credit terms.
2. Validity of Installment shipments
According to the U.C.P., with Installment shipment, if the partial shipment was not made within the allowed time period, the validity for the partial shipment will be deprived unless there is no specific standard.
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Claim . Unpaid Cases 
41-Installment Shipments / Drawings 
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