Search found 3 matches

by UrsF
Wed Jul 10, 2002 1:00 am
Forum: UCP 500
Topic: one shipment and two insurance certificates
Replies: 8
Views: 4196

one shipment and two insurance certificates

T.O. Lee Although my question was somehow hypothetic it is still a question to be answered to my client. Yes it is a general question as I do not have the details requested by Laurence such as container nos, product codes and the like. However it is clear that both i/c must of course be in strict co...
by UrsF
Mon Jul 08, 2002 1:00 am
Forum: UCP 500
Topic: one shipment and two insurance certificates
Replies: 8
Views: 4196

one shipment and two insurance certificates

mr. bacon this was a hypothetical query since we were requested by one of our clients to answer this question in general. however the point regarding partshipments really does not have any impact at all. lets just say the two i/c would perfectly comply with all credit terms and conditions. would it ...
by UrsF
Mon Jul 08, 2002 1:00 am
Forum: UCP 500
Topic: one shipment and two insurance certificates
Replies: 8
Views: 4196

one shipment and two insurance certificates

would there be any reason for a bank to
refuse 2 separate insurance certificates
covering together in there total amount
the required 110% of the cif invoice
value of one shipment, i.e. invoice for
usd 130'000,00, 1st i/c for usd 85'000,00
2nd i/c for usd 45'000,00?