you simply have to look at it in this way: 1- the banks are providing a service and their time and effort is being waisted in pointing out discrepancies and maintaining files/corresponding for the discrepant documents ( as in a normal case there should not be any discrepancies and the transaction sh...

i agree with above openions that it in general relates to B/Ls and it may apply on all other transport documents ( based on the nature/type of transportation and case by case we can apply this aricle on all transport documents using logical reasoning ) +the article is subject to various interpretati...

i am in sapport of the above openions. as long as it seems on it's face to be original and being manually signed is good enough.

*just shedding some light on the question* if i'm not mistaken this is used in islamic banking trade L/Cs. so, we must understand the folowing: 1- are these L/Cs subject to UCP500? (as islamic banking has it's own point of view on trade transactions ....etc) 2- are these L/Cs between banks using isl...

in my openion, you must first state the story behind your question and on that basis it will be clear to the openion giver what you need and why.

personaly i wouldn't give an openion if i'm provided with a limited question to a paragraph such as that and say if it is right or wrong.