If issuing bank has just stated the disrepancies in general terms, without specifying correctly and if they have failed to mentioned whether they are holding the docs at the disposal of or is returning them to the presenter then this discrepancy notice is not valid. Till date there is no such ICC po...

A B/L is asked showing consignee "TO ORDER" and endorsed in blank. If the 'shipper' has forgot to endorse the B/L in blank and even negotiating bank missed to notice this lapse, does the negotiating bank/confirming bank as well as opening bank have any right to endorse this B/L further. Wi...

If a L/c, which is asking for a charter party B/L, puts a condition saying the B/L should show three different ports of dishcarge under "port of discharge column", can the negotiating bank point out this as discrepancy, wrongly interpreting this clause as the opening bank must have given a...