Search found 4 matches

by JinHyangP
Mon Jul 09, 2007 1:00 am
Forum: General
Topic: ARTICLE 20
Replies: 35
Views: 21024

ARTICLE 20

DEAR ALL I HOPE YOUR ADVICE ARTICLE 23 IN UCP 500, IF THE BILL OF LADING INDICATES A PLACE OF RECEIPT OR TAKING IN CHARGE DIFFERENT FROM TH E PORT OF LOADING, THE ON BOARD NOTATION MUST ALSO INCLUDE THE PORT OF LOADING…. IS THIS RULE STILL VALID IN UCP 600 ? UCP 600 DOES NOT MENTION ABUOT THIS SITUA...
by JinHyangP
Mon Aug 28, 2006 1:00 am
Forum: UCP 500
Topic: accountee name on draft
Replies: 5
Views: 3068

accountee name on draft

Thank for your advice
by JinHyangP
Thu Aug 24, 2006 1:00 am
Forum: UCP 500
Topic: accountee name on draft
Replies: 5
Views: 3068

accountee name on draft

I'm sorry for confusing you. In LC, applicant : A bank, notify party :B company(real buyer). beneficiary present a draft as below: at sight of this original bills of exchange .......order sum of value received and charge the same to account of B drawn under...... This draft is showing B company as a...
by JinHyangP
Thu Aug 24, 2006 1:00 am
Forum: UCP 500
Topic: accountee name on draft
Replies: 5
Views: 3068

accountee name on draft

I would like to seek your advice on accountee name.Should accountee name on draft be an applicant in L/C. Normalily I think accountee name on draft sould be an applicant. But In case applicant in L/C is a bank, draft is showing notify party(maybe real buyer) in L/C as an accountee name. Is this draf...