Cert of Weight and Cert of Quality

International Standard Banking Practice
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willemtoren
Posts: 1
Joined: Fri Apr 05, 2019 5:14 pm

Cert of Weight and Cert of Quality

Post by willemtoren » Thu Jul 31, 2003 1:00 am

LC called for Cert of Weight and Cert of Quality. Docs presented are dated after shipment date.Is this a discrepancy?
LeoCullen
Posts: 131
Joined: Fri Apr 05, 2019 5:21 pm

Cert of Weight and Cert of Quality

Post by LeoCullen » Thu Jul 31, 2003 1:00 am

Paragraph 14 of ISBP relates to this issue:

"14) Any document, including a certificate of analysis, inspection certificate and pre-shipment inspection certificate, may be dated after the date of shipment. However, if a credit requires a document evidencing a pre-shipment event (e.g. pre-shipment inspection certificate), the document must, either by its title or content, indicate that the event (e.g. inspection) took place prior to or on the date of shipment. A requirement for an “inspection certificate” does not constitute a requirement to evidence a pre-shipment event. Documents must not indicate that they were issued after the date they are presented."
PavelA
Posts: 140
Joined: Fri Apr 05, 2019 5:24 pm

Cert of Weight and Cert of Quality

Post by PavelA » Fri Aug 01, 2003 1:00 am

Yes, unless the L/C required that the certificates to be dated before or on shipment, they could be dated later then date of shipment (but at latest on the date of presentation).

Best Regards,

Pavel Andrle
larryBacon
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Joined: Fri Apr 05, 2019 5:26 pm

Cert of Weight and Cert of Quality

Post by larryBacon » Sun Aug 03, 2003 1:00 am

ISBP can only add clarity or confirmation to the UCP, but the UCP does not preclude acceptability of documents issued post-shipment, unless otherwise indicated in the credit.

Laurence
DonSmith
Posts: 57
Joined: Fri Apr 05, 2019 5:17 pm

Cert of Weight and Cert of Quality

Post by DonSmith » Mon Aug 11, 2003 1:00 am

As usual, Laurence is "spot on".
Don Smith
US
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