Search found 2 matches

by stevensim
Wed Sep 12, 2001 1:00 am
Forum: UCP 500
Topic: Article 39(c)-underdrawn LC
Replies: 8
Views: 4062

Article 39(c)-underdrawn LC

Many thanks to your responses. Just to add to my initial posting :- a. There is no mention of any additional charges eg. freight or handling within the description of the goods. Only the quantity in pcs. and the size of the goods in question is stated in description of commodity. b. No unit price is...
by stevensim
Tue Sep 11, 2001 1:00 am
Forum: UCP 500
Topic: Article 39(c)-underdrawn LC
Replies: 8
Views: 4062

Article 39(c)-underdrawn LC

Much mention is made to permissible tolerances of quantity under A39(b) but my scenario is as follows : Amount : USD130,000 Quantity : 139 pc Partial Shipments are Allowed No mention of tolerances are made as to amount or quantity. I have shipped 139 pc in 1 shipment but have drawn a Bill for only U...