Search found 15 matches
- Mon Jul 21, 2003 1:00 am
- Forum: UCP 500
- Topic: Issue date on B/L.
- Replies: 19
- Views: 11377
Issue date on B/L.
The issue here is that it is not a pre-printed Shipped on board bill of lading, i.e. the date that the goods have been loaded on board has been added. Essentially it is a Cosco Container Lines received for shipment bill of lading. Therefore clause 13 of ISBP would apply in this case.
- Fri May 16, 2003 1:00 am
- Forum: UCP 500
- Topic: Would not naming issuing bank as notify party on b/l constit
- Replies: 6
- Views: 4054
Would not naming issuing bank as notify party on b/l constit
L/C received calling for b/l's consigned to issuing bank and showing notify party as applicant and issuing bank. My question is that even though the bank was not named as a 'notify party' on the b/l standard practice would have the shipping company issue a notice of arrival to the named consignee, w...
- Mon Apr 14, 2003 1:00 am
- Forum: General
- Topic: Article 27(a)(iv)
- Replies: 3
- Views: 2105
Article 27(a)(iv)
L/c received from seoul sth korea.
port of loading Australian air port, port of discharge Korean air port. AWB presented with POL and POD exactly as per l/c. Should acutal port of loading and actual port of discharge be named on AWB .?
port of loading Australian air port, port of discharge Korean air port. AWB presented with POL and POD exactly as per l/c. Should acutal port of loading and actual port of discharge be named on AWB .?
- Mon Mar 17, 2003 12:00 am
- Forum: General
- Topic: Article 24 URC 522
- Replies: 1
- Views: 1328
Article 24 URC 522
Collection has been received with no instructions to NOTE and/or PROTEST the bill. When the remitting bank has been advised that collection remains unpaid/unaccepted. The remitting bank has then instructed us to NOTE/PROTEST the bill. Our question: Is this acceptable as it appears to contradict the ...
- Thu Jan 02, 2003 12:00 am
- Forum: General
- Topic: Exclusion Clauses on Insurance Policies/Certificates
- Replies: 5
- Views: 3673
Exclusion Clauses on Insurance Policies/Certificates
QUESTION;
When a Credit calls for an Insurance document covering ALL RISKS, is an Insurance document covering Institute Cargo Clauses ‘A’ acceptable? And if so, would any exclusion clauses render the document discrepant.
Your comments appreciated.
When a Credit calls for an Insurance document covering ALL RISKS, is an Insurance document covering Institute Cargo Clauses ‘A’ acceptable? And if so, would any exclusion clauses render the document discrepant.
Your comments appreciated.
- Mon Dec 16, 2002 12:00 am
- Forum: General
- Topic: Transferable documents on Approval
- Replies: 4
- Views: 2864
Transferable documents on Approval
We are acting as an Advising/Transferring Bank. Discrepant documents have been presented by the Second Beneficiary’s Bankers. Our customer (First Beneficiary) wishes to substitute documents and forward to the Issuing Bank on an Approval basis. Discrepancy notice has been sent to the Second Beneficia...
- Wed Nov 13, 2002 12:00 am
- Forum: UCP 500
- Topic: Artircle 27 a ii - Air Transport document
- Replies: 6
- Views: 4051
Artircle 27 a ii - Air Transport document
Can anyone please share their opinion on this article. An AWB was presented to us with this notation "Carrier certifies goods described herein where received for carriage subject to the conditions on the reverse hereof, the goods being in apparrent good order and condition except as noted hereo...
- Wed Nov 13, 2002 12:00 am
- Forum: UCP 500
- Topic: Beneficiary Certificate
- Replies: 3
- Views: 2545
Beneficiary Certificate
Does Beneficiary Certificate needs to be signed, eventhough it is not stipulated on the L/C?
- Tue Sep 17, 2002 1:00 am
- Forum: General
- Topic: Authentication of a correction on a B/L
- Replies: 4
- Views: 3017
Authentication of a correction on a B/L
We refer to Opinion R.344 of ICC Publication no. 613 which reads 'An authentication to an alteration on a bill of lading may be made by any agent of the carrier/ master without limitation as to whether that party signed the bill of lading and/or authenticated any other alteration within that documen...
- Thu Aug 29, 2002 1:00 am
- Forum: General
- Topic: Transferable credits
- Replies: 6
- Views: 3805
Transferable credits
A QUESTION HAS BEEN RAISED IN REGARD TO PLACE OF EXPIRY FOR TRANSFERABLE CREDITS. IN THE UCP 500 ARTICLE 48H WE ARE ALLOWED TO REDUCE OR CURTAIL THE EXPIRY DATE. DOES THIS ALSO RELATE TO CHANGING THE PLACE OF EXPIRY? I.E., IN SWIFT MT700 ETC., THE EXPIRY DATE FIELD INCORPORATES PLACE OF EXPIRY. IS T...