Thankyou however I fail to understand your interpretation of Para 21. My understanding of this para is that if a term such as 'exporting country' is used this will be mean that it can either be the country of the beneficiary is domiciled OR the country of origin of the goods OR the country of receip...

thanks Jim and Don however to be honest I do not find para 21d confusing at all......on second thoughts this is only from the view of a 'simple' LC practitioner.
It would be also good to hear the views of those who manage to check at least five sets of docs a day

Thanks for your response. Shipment was effected from Rotterdam, Netherlands to Benghazi Port Libya. The Consignor on the Certificate of Origin was Company A located in the UK on behalf of and for account of Company B (Beneficiary of the LC). The Certificate of origina was issued by the Arab-British ...

An LC requires a certificate of origin (in one original and one copy) evidencing that goods are of European origin issued and authenticated by chamber of commerce in the exporting country. The certificate of origin issued by the Arab-British Chamber of Commerce indicating that the goods originated i...

It is my view that the LC was quite specific in its requirements i.e. Consignee to read Company X. Anything that differs from that should definitely prompt a red alert for the party preparing the documentation. It would be also unfair for the confirming / issuing /nominated paying bank to have the o...