Unless there term "Surrendered BL" is clearly defined in the LC, what we can do is to guess its effect and function. There will be more than 1 effect and function guessed by us. This causes ambiguity which leads to dispute and perhaps ligitation too. Anyway, as per ISBP2, it's the applican...

Hi there, the phrase means "another party named therein the credit as the consignee in the certificate of origin". So, it cannot be any party (e.g. shipping company, insurance company, inspector, manufacturer, etc.) named in the credit.
Jack Chan

Hi there, if I were the presenter, I would state the following instruction in my covering letter addressed to the issuing bank. Quote IN THE EVENT THAT THE ATTACHED DOCUMENTS ARE RECEIVED BY YOU LESS THAN 10 DAYS AFTER BL DATE, PLEASE DO NOT CONSIDER THEM AS PRESENTED UNTIL 10 DAYS AFTER THE BL DATE...

Hi there, please refer to R457.

Regards/Jack Chan

Hi Peter, if I understand your case correctly, the bene might have presented drafts on Mon, invoice on Tue, packing list on Wed, and bills of lading on Thu. The presentation was then made on Thu. There was only 1 presentation.
Regards/Jack Chan

Dear Peter, I don' t think you can accept a bill of lading signed by a forwarder. In order to comply, the bill of lading must be signed as per the relevant transport document article. Article 14l refers to the issuer only. But your question refers to the signer. So, this sub-article is not applicabl...

I won't check the terms and conditions on the back as per Article 20av. In other words, any provisions appearing on the back will be disregarded.
Regards
Jack Chan

I think it discrepant due to UCP Article 14j and ISBP Paragraph 25. The incomplete number would make the notification to the notify party unworkable. So, it's not a simple typo error but a discrepancy.
Regards
Jack Chan

ICC unpublished opinion Document 470/TA.632rev (UCP600) provides the answer to question #1. The opinion indicated that the transferring bank might do so if so requested by the first beneficiary.

Regards
Jack Chan

Dear Kim, thanks so much for retreiving the opinion. I agree with the opinion that shipping company should refer to the carrier or its agent (unless otherwise stipulated in the credit.)

Best regards
Jack Chan