We, a negotiating bank, negotiated docs under a credit, where docs are required to be sent to issuing bank in two lots. However, as a practice in our country, we sent docs to issuing bank in one lot despite the credit condition. . In this rgds, issuing bank advised us of the refusal msg stating &quo...

António

Pls refer to DOCDEX260. The decision(1 instead of I)
is very similar to your case.

Regards
Eric

Thank you for answers. Actually we found a precise proof for this dispute from one of ICC members, which is R741/TA700rev recently released ICC opinion. There, intention is very clear and the matter is categorized into following two. First. A presenter indicated a disc in its covering letter. and th...

Recently, we have a confrontation with two oversea banks as to the responsibility of their duty to notify us of the discrepancy when they honor the docs. The facts are as follows : A. Issuing banks advised us of their acceptance and undertaking to pay at maturity with no discrepancy notice. B. On th...

to JudithAutié

Agreed..

I deleted previous comments.

Thank you for your good consultation

Thank you for excellent replies.

Of great help to us.

Hello. I would like to have your professional opinions of following discussion. 1. Docs negotiated on a basis of usance basis. 2. discrepancy advised to us 3. docs accepted. . In this case, could we regard the acceptance "by the issuing bank"? or it is an acceptance by an applicant ? . May...

Thank you guys for kind replies.

I quoted ISBP136 as a key point against a issuing bank's discrepancy notice.
AND, fortunately the issuing bank withdrew the discrepancy.


HAVE a nice day guys!

Hi guys, We got a discrepancy msg from a issuing bank regarding the number of original air way bills. 1. L/C requires 2 original AWB for shipper. However, 2. Actually, one original AWB for shippers was presented. --- For the matter, it is common practice and a principle of the carrier that three (3)...

Dear guys.

There is a discrepancy that seems very simple.

1) LC 46A : insurance policy .. ICC (C)

2) however, insurance policy is presented with ICC (A)..


Then, could this be a discrepancy?