Dear Gabriel,

Thank you for your very helpful feedback in relation to enhancing the utility of the Discussion Forum.

We will be adding an option to enable members to choose to receive notifications on all (or selected) topics / threads.

We will advise all members when implemented.

Hi Daniel,

Yes.

Hi Raymond,

After the Opions are decided upon at a Banking Commission Meeting they undergo an editing process within the ICC before they are available in 'published' form.

We include them on DC-PRO once they are edited - which we expect will be in the next couple of weeks.

The revised Uniform Rules for Demand Guarantees, URDG 758, are effective from 01 July 2010.

We have included this new section in the discussion forum for any comments or questions that you have in relation to the URDG 758.

Hi John, I do not believe the words "as agent" need not be expressly used... the following is extracted from ICC Opinion R563: When the document is signed by an agent for (or 'on behalf of') the Master, the agent must be named and must quote the name of the Master for (or 'on behalf of') w...

It was indicated at the Banking Commission Meeting in Brussels this week that the 'on-board notation' paper will be going out for review by National Committees shortly.

ISP looks at it from the perspective of refusal rather than compliance. The relevant piece from Rule 5.01 is copied below: "a. Notice of dishonour must be given within a time after presentation of documents which is not unreasonable. i. Notice given within three business days is deemed to be no...

ISBP para 114 covers this issue: Goods Covered by more than One Bill of Lading "114. If a bill of lading states that the goods in a container are covered by that bill of lading plus one or more other bills of lading, and the bill of lading states that all bills of lading must be surrendered, or...

It is also possible for a credit to be available with an issuing bank in one country but to expire at the counters of a bank in the country of the beneficiary. This is a different set up to the norm as expiry and availability have been separated, i.e., credit usually expires where the credit is avai...

As it can be specifically seen from the document that it is not issued at the port of loading (and that it is issued somewhere else) I would very very reluctantly say it is a discrepancy. The credit asks for issued at the port... the document states something different. I cannot see any relevance in...