Our credit was issued for MYR21,400 covering 20 Metric tons of wire rods. Partial shipment is prohibited & no additional tolerance is mentioned. Bene's bank presented docs to us with an invoice for MYR21,070.44 covering 19.692 Metric tons. They listed it as a discrepancy underthe reason short sh...

We as issuing bank have received a marine cargo policy which has a box stating vessel to be sailing on or about 23 May 2001. This date is the same date as the on-board date in the BL. However the policy is issued a day later & dated 24 May 2001. We would appreciate yr advice as to whether such a...

Our credit called for the following:-

1.Invoices in triplicate

2.Packing lists in triplicate

3....etc

Bene submitted 3 invoices combined with PLs i.e. invoice is on the upper half while the lower half is the PL.

Could we take this as discrepant?

LC requires bene's certified copy of fax advising applicant details of shipment together with the transmission report to be furnished. 1.Should both the fax copy & the transmission report(appeared to be original) be certified or ... 2.Is certification still necessary when the bene submits the or...

Credit requires bene in M'sia to advise details of shipment to applicant's insurer in Singapore by airmail,a copy to be submitted. LC mentioned insurance is covered by buyer under cover note 1234. Is it necessary for the bene's advice to be dated on the very same day of shipment i.e. BL on-board dat...