Question: Does a discrepant document with content discrepancy automatically create a late presentation with regards to art.43 ? We sent documents - including a B/L being discrepant in terms of the signature and the name of the carrier - within the period of presentation to the bank as named in the L...

The L/C calls for an 'insurance policy endorsed in blank'. An insurance policy, made out to order, blank endorsed by the insurance company was presented. The opening bank claimed that a)the name of assured was missing and b) the document did not specify to whose order the ins. policy was issued to a...

l/c-opening requires following document:
international truck consignment note (cmr), copy for the sender, duly signed, showing 'forwarder' as consignee and notify applicant and marked freigt prepaid'.
cmr was presented without remark 'copy for the sender'
would you accept this document?

we have issued an irrevocable letter of credit. required transport document was a full set of clean on board combined transport bill of lading, made out to order, blank endorsed, notify applicant bill of lading was presented with a remark "this shipment does not contain any solid wood packing m...