LC calls for: Non-negotiable copy of the bill of lading, showing consignee as XXXXX, market freifgt prepaid and notify: XXXXX.
Presented Bill of Lading indicates consignee as XXXXX (which fully corresponds to the LC terms) and notify party as: "SAME AS ABOVE".
question 1: "SAME AS ABOVE" quotation in the notify party section is acceptable or should it indicate XXXXX (i.e. full name and address as stated in consignee section)?
LC calls for port of discharge to be: Poti, Georgia.
presented Bill of Lading shows in the port of discharge section: Poti
question 2: quotation "Poti" is acceptable or should it quote "Poti, Georgia" as stipulated in the credit?
The second question has previously been the subject of ICC opinions, and agreed that absence of country would not necessarily make the document discrepant. I say "necessarily" because in some cases (Tripoli, Libya and Tripoli, Beirut, as an example) it may be necessary to stipulate the country, but this would depend on the context.
As regards the first question, I would not consider this a discrepancy.
Normal
0
false
false
false
EN-US
X-NONE
X-NONE
MicrosoftInternetExplorer4
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-qformat:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;}
Thanks for clarification.
One more question concerning the non-negotiable sea waybill.
The credit calls for : “non-negotiable copy of sea waybill”.
While checking the presented document I referenced to
ISBP article 20, which clearly says:
“Where a credit allows for the presentation of a copy
transport document rather than an original, the credit must explicitly state
the details to be shown. Where copies (non-negotiable) are presented, they need
not evidence signature, dates, etc.”
However UCP 600 article 21 (non-negotiable sea waybill) says:
a.
A non-negotiable say waybill, however named,
must appear to:
i)
Indicate the name of the carrier and be signed
by…
The presented document under the L/C
is not signed.
Please provide me with your point
of view.
Recent comments
35 min 32 sec ago
40 min 56 sec ago
47 min 38 sec ago
1 hour 37 min ago
4 hours 19 min ago
6 hours 28 min ago
7 hours 43 min ago
7 hours 48 min ago
1 day 44 min ago
1 day 2 hours ago