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
Search found 4 matches
- Fri May 05, 2006 1:00 am
- Forum: UCP 500
- Topic: Shipping Certificate
- Replies: 2
- Views: 1968
- 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...
- 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
- 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...