Hi, It is not easy to give a correct answer without seeing the L/C. 1. My understanding is that the L/C is available with the nominated bank by deferred payment and the nominated bank which agrees to act on its nomination is requested to send the issuing bank a swift message certifying that it has t...

Hi, Goods may have multiple origins. Where a certificate of origin is issued for a consignment containing a number of products of different origins, it indicates the country of origin against each product listed. For example, + Product X: Origin: Country X + Product Y: Origin: Country Y As partial s...

Hi,

The issuing bank cannot raise the discrepancy, e.g., “the certificate not countersigned by notary public” based on the wording “sworn before me”. If the issuing bank intends that the certificate is to be countersigned by notary public, it must so state in the L/C.

Kind regards,
N.H. Duc

Hi, As the insurance document indicates that it is issued in 2 copies, it is understood that the document is issued in 2 originals which must be presented. According to ISBP 745 para. A28, documents issued in more than one original may be marked "Original", "Duplicate", "Tri...

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