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Factual Summary: Summary: Industrial and Commerce Bank of China Corporation Limited by Shares Jimo Branch (ICBC) and DHL International Aviation Express Ltd. Shandong Branch (DHL) entered a transportation contract, according to which ICBC as a collection bank in an international sales transaction between a Guohua Artistic Wares Ltd. (Guohua) and a buyer in Greece, engaged DHL to transport the collection documents to the designated place of a correspondence bank in Greece. After transporting the documents to Greece, DHL, after receiving a phone call from the buyer’s representative, delivered the documents to a newly designated address which later proved to be wrong. The goods were taken by someone by presenting the documents, and the corresponding bank and the buyer claimed never having received the documents. Not being paid, the Seller Guohua sought liability of ICBC the collection bank, who in turn sought liability from DHL.

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