Search found 7 matches

by cynthiawong
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...
by cynthiawong
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...
by cynthiawong
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/...
by cynthiawong
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...
by cynthiawong
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...
by cynthiawong
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...
by cynthiawong
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!