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documents made in the name of consignee

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Tue, 06/23/2009 - 23:09
KHRATHA
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Dear All,

I would like to ask you all as the following.

+The LC in field 47A stipulated that all documents exept draft must be made in the name of ABC Co.,ltd...adress.... The documents presented to issuing bank showing consignee ABC Co., ltd and without mentioned applicant in all that documents.

As per UCP600 Invoice etc should be made in the name of applicant. Therefore, such above mentioned presentation is discrepant or not?

Pls kindly clarify.

 

Regards

Khratha 

‹ photocopy of b/l signed and stamped expiry date of l/c ›
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Thu, 06/25/2009 - 09:15
#1
ZHMWCN
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PLS NOTE ART 1 OF UCP600

HI KHRATHA,

PLS NOTE THAT ART 1 OF UCP600, They are

binding on all parties thereto unless expressly modified or excluded by the credit.

The stipulation of The LC 47A (i.e. all documents exept draft must be made in the name of ABC Co.,ltd...adress.... )should be regarded as expressly modified or excluded art 18 of UCP600.

So,this is not a discrepancy.

RGDS.

ZHMWCN

EMAIL  ZHMWCN@GMAIL.COM 

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Thu, 06/25/2009 - 20:23
#2
KHRATHA
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That s clear

Dear ZHMWCN, LC specialist

I thank you very much for your comment. I appreciate your high knowledge .

 Best Regards

khratha@gmail.com

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Wed, 06/24/2009 - 07:50
#3
LC Specialist
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Joined: 11/11/2008
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not discrepant

not discrepant

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