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If document wrongly sent to applicant address can bank bound to payment without documents?

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Sun, 09/25/2011 - 05:07
chanchal
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Joined: 03/17/2010
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If we   sent  a documents sent to client address in stead of bank address .In that case  can we protect  by UCP 600.

‹ Is it possible to give Add confirmation for Land port L/c Difference betwen Buying House commission & transferable L/C service charge ›
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Sun, 09/25/2011 - 10:22
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pan
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Joined: 09/13/2007
Big question

Hi Friend,

IMHO, it depends on the behaviour of the buyer; having received such documents it could contact the issuing bank to clear the matter. In effect presentation could be made on behalf..

Then are documents ok, Is the bill of lading to the order of issuing bank etc..

So, in your case you are not protect by UCP, but you can work to get the proceeds.

In negative case it will become" affair "for an international Lawyer.

Other comments appreciated

Ciao

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