Search found 4 matches

by AnthonyB
Fri May 05, 2006 1:00 am
Forum: UCP 500
Topic: Shipping Certificate
Replies: 2
Views: 1968

Shipping Certificate

DC asks for Shipping Certificate signed by Carrier, Master or Owner of vessel.
Beneficiary has presented Shipping Certificate signed by Agent of the Carrier
Is this acceptable
Anthony Busuttil
Malta
by AnthonyB
Thu Nov 11, 2004 12:00 am
Forum: General
Topic: Discrepant Documents and Shipping Guarantee
Replies: 19
Views: 10341

Discrepant Documents and Shipping Guarantee

Many thanks to all conributors - all make very interesting reading. My personal view is that the Documentary Credit and the Shipping Guarantee are 2 different transaction, and although obviously related, need to be treated separately by the bank. If documents are discrepant, then the bank should ref...
by AnthonyB
Tue Nov 02, 2004 12:00 am
Forum: General
Topic: Discrepant Documents and Shipping Guarantee
Replies: 19
Views: 10341

Discrepant Documents and Shipping Guarantee

Has bank the right to refrain from checking documents and pay notwithstanding discrepancies if goods have been cleared by shipping guarantee
by AnthonyB
Thu May 29, 2003 1:00 am
Forum: UCP 500
Topic: Date on remittance schedule constitutes date of presentation
Replies: 2
Views: 1922

Date on remittance schedule constitutes date of presentation

Documents received from Nominated Bank showing date of schedule well after expiry date on DC Documents refused by Issuing Bank due to late presentation, as no indication that documents presented to nominated bank within expiry date of DC was included in remittance schedule of the presenting (nominat...