Search found 7 matches
- Sat Nov 10, 2001 12:00 am
- Forum: General
- Topic: Unreasonable Issuing Bank
- Replies: 11
- Views: 6844
Unreasonable Issuing Bank
Thank you very much Mr J S Smith & Hatemshehab for your helpful advice. As requested, the Taiwanese Bank's advice was in free format MT 999 & merely states:- 'Checking the docs we noted the following discrepancy-bene address diff on L/C. We are return docs to you today.' Do you gentlemen thi...
- Fri Nov 09, 2001 12:00 am
- Forum: General
- Topic: Unreasonable Issuing Bank
- Replies: 11
- Views: 6844
Unreasonable Issuing Bank
We recently came across a case where a Taiwanese Bank rejected documents just due to an alleged discrepancy e.g. beneficiary's town/state given in the credit omitted an 'a'(e.g.Tawu) but both the Fields 44A(Port of loading) & 45A(Description of goods) have clearly specified the correct town/stat...
- Wed Nov 07, 2001 12:00 am
- Forum: General
- Topic: Certificate of Quality
- Replies: 1
- Views: 1290
Certificate of Quality
I would like to seek some advice on this credit we received. Credit called for a 'Certificate of Quality issued by manufacturer' covering a shipment of Derum (wood/timber commodity). Beneficiary himself issued the Certificate of Quality which merely states:- Species : Derum Size : 18mmX90mmX606/758/...
- Tue Nov 06, 2001 12:00 am
- Forum: General
- Topic: Cert of Insurance under Open Policy
- Replies: 3
- Views: 2308
Cert of Insurance under Open Policy
I would apppreciate if someone could advise me as to how to check a Certificate of Insurance (under an Open Policy) to determine the coverage. We normally asked for marine policy or certificate covering Institute Cargo Clauses (A). We don't encounter much problems with a marine policy but we seem to...
- Sat Nov 03, 2001 12:00 am
- Forum: General
- Topic: Logs shipment 2
- Replies: 2
- Views: 1616
Logs shipment 2
Thank you Mr Lee for yr advice & comments. I would like to pose a related query which is whether the BL can be signed/issued at the place of destination (Sandakan,Malaysia) & not at the port of loading i.e.Indonesia. Beneficiary has informed us that this would be the case. Thank you once aga...
- Thu Nov 01, 2001 12:00 am
- Forum: General
- Topic: Log shipment
- Replies: 2
- Views: 1628
Log shipment
I would be grateful to receive your comments & advice on this credit I received: - The credit covers the shipment of Indonesian round logs from Nunukan,Indonesia to Sandakan, Malaysia calling for marine bills of lading. It has the following requirements: 1 When complete loading, photo must be ta...
- Mon Oct 29, 2001 12:00 am
- Forum: General
- Topic: Master Kitty
- Replies: 3
- Views: 2150
Master Kitty
The credit required an ocean BL. The BL presented showed the vessel to be MV Kitty. It was signed in the following manner:- Signature Master Kitty I would appreciate it if you could advise me as to whether the words Master Kitty are acceptable assuming the rest of the BL is in order? Thanks!