Hi everyone, would you accept an invoice showing description of goods 'xxxx, CIF any port' as it was indicated in l/c i.e. delivery term not defining actual port of discharge' formally it is mirror image of l/c but somehow it is not right thanks and rgds do you know if there is any Opinion of ICC fo...

Hi friends, we have l/c which defines port of loading as any port in China and description of goods as FOB named port of loading, Presented documents show port of loading Shekou, invoice shows FOB Shekou, but B/L shows FOB Shenzen. Would you consider it as discrepancy as B/L shows different delivier...

IMHO, an ivoice could indicate advance or discount but for the goods called by the terms of l/c, otherwise it would make the presentation discrepant. And I would apply the same logic to credit notes. What would be the necessity of sending credit notes through l/c, obviously influencing and amount du...

still, if any document is separate from the presentation and should be disregarded, how come that the amount of that disregarded document should be taken in consideration when determining the amount due for payment under that particular presentation

Dear Antoine, thanks for your reply. I suppose that you are saying that credit note should be considered as a document not required by l/c terms and therefore examined under art.14g? Than how can the amount of the invoice be reduced for the amount of the credit note.
best regards
Snježana

Dear all, if we receive documents containing invoice and credit note which is referring to some goods from another l/c or completly different job requiring reduced payment fot the amount of that credit note, can we say it is discrepancy that credit note is not referring to goods required by l/c term...

Dear all, if we receive documents containing invoice and credit note which is referring to some goods from another l/c or completly different job requiring reduced payment fot the amount of that credit note, can we say it is discrepancy that credit note is not referring to goods required by l/c term...

Hi,
your l/c terms clearly indicated Period for Presentation: ... 21 days after date of issuance of transport documents .... Therefore it is clear that it refers to b/l issuance date and not to on board date

So, if we put in transferred l/c such clause (that we shall pay only after receipt of funds under originala l/c) what would be the risk for transferring bank and the first beneficiary (presuming we have not confirmed l/c)

Dear all, is the payment clause that we shall pay only when we receive funds from issuing bank under original l/c, usual in tranferred letters of credit and the banks are always using such structure of payment clause when transferring l/c or is it something which some banks are using but it is not p...