Int'l Rules - Trade‎ > ‎URC 522‎ > ‎E. Payment‎ > ‎

Article 17

Payment in local currency 

In the case of documents payable in the currency of the country of payment (local currency), the presenting bank must, unless otherwise instructed in the collection instruction release the documents to the drawee against payment in local currency only if such currency is immediately available for disposal in the manner specified in the collection instruction.