In one of our L/cs we asked for final 5% payment against presentation of "Acceptance form on Bene's L/Head duly sigend by the Bene and Applicant's rep."
The Bene presented the PhotoCopy i/o original for payment (and the Original was retained by the Applicant)
Is this acceptable for payment as the Applicant has already recd the goods and the Original Acceptance Form. Can the applicant refuse payment on Photocopy basis?
Copy of Acceptance form (instead of Original) presented
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- Joined: Fri Apr 05, 2019 5:24 pm
Copy of Acceptance form (instead of Original) presented
Jeremy,
Why no and yes. Surely art. 17a applies or have I missed something?
Regards
Daniel
Why no and yes. Surely art. 17a applies or have I missed something?
Regards
Daniel
Copy of Acceptance form (instead of Original) presented
Daniel,
‘No’ was to ‘Is this acceptable for payment’ and ‘yes’ was to ‘Can the applicant refuse payment on Photocopy basis’. So I agree the oriignal document must be presented.
Regards, Jeremy
‘No’ was to ‘Is this acceptable for payment’ and ‘yes’ was to ‘Can the applicant refuse payment on Photocopy basis’. So I agree the oriignal document must be presented.
Regards, Jeremy