Search found 6 matches
- Mon May 05, 2014 1:00 am
- Forum: UCP 600
- Topic: On board RAIL
- Replies: 3
- Views: 2995
On board RAIL
Multimodal transport documents, per UCP Art. 19 is supposed to cover "at least two different modes of transport". They must indicate that goods have ben "dispatched" or "taken in charge" or shipped on board". It appears that you've received what was required by the...
- Tue Apr 08, 2014 1:00 am
- Forum: General
- Topic: UCP Protection
- Replies: 11
- Views: 9912
UCP Protection
If the issuer receives the original documents and they are complying, the issuer is obligated to honour. Anyone can present documents i.e. a forwarder, etc.
- Thu Mar 06, 2014 12:00 am
- Forum: UCP 600
- Topic: discrepancy or not
- Replies: 14
- Views: 12624
discrepancy or not
Yes John. However, please note that if you have 3 original BL's the attachment must also be in 3 originals.
- Wed Mar 05, 2014 12:00 am
- Forum: UCP 600
- Topic: discrepancy or not
- Replies: 14
- Views: 12624
discrepancy or not
Well Jeremy, I can only be jealous. It will be a sad day for international trade when you do decide to happily retire
- Mon Mar 03, 2014 12:00 am
- Forum: UCP 600
- Topic: discrepancy or not
- Replies: 14
- Views: 12624
discrepancy or not
Hi N. H. As noted in the opinion and as stated in UCP 600 Aticle 14 g. any presented document not required by the credit is to be disregarded. In your example, if a carrier (etc.) issued a statement to correct a BL term and said statement has XX originals i.e. (the number of original BLs as issued) ...
- Fri Feb 28, 2014 12:00 am
- Forum: UCP 600
- Topic: discrepancy or not
- Replies: 14
- Views: 12624
discrepancy or not
Hi John, the bank is quoting from ICC opinion - Official Opinion R351 - 1998/99 (take a look on this site). Whether or not folks agree with the opinion it is the current stance of the ICC and most banks will consider an additional document as a discrepancy due to the ICC opinions