ISBP para 184

RaymondC · Post by **RaymondC** » Thu Dec 11, 2008 12:00 am

Captioned para saying 'the certificate of origin may show the applicant of the credit, or another party named therein, as consignee'.

Like to know the exact meaning of 'another party named therein'. Does it mean any party named in the LC or the designated party called for by the LC to be the consignee in the C/O?

In the below case:

Applicant: ABC Co.
B/L: consigned to order and endorsed in blank; notify XYZ Co.
The presented C/O showing consignee as XYZ Co.

LC just called for C/O and no additional specification.

Some checkers said C/O showing XYZ as consignee is acceptable according to ISBP para 184 while the opposite side said 'another party named therein' refers to a third party specifically stated in the LC to be the consignee of the C/O.

Like to get some comments from the readers.

Regards
Raymond

DonSmith · Post by **DonSmith** » Thu Dec 11, 2008 12:00 am

Not a discrepancy.

ThuHoangAnh_ · Post by **ThuHoangAnh_** » Sun Dec 14, 2008 12:00 am

Dear Mr. Don Smith,

English is not my native language but I think “another party named therein” in para. 184 should be understood to be the party specifed in the L/C. However, I agree with you that the c/o showing XYZ Co as consignee is not discrepant in this specific case. It is quite logic and obvious that there is a clear relation/linkage between the consignee in the c/o presented and the notify party in the b/l.

Do you think the c/o is acceptable if the consignee stated in the c/o is a third party that is other than the applicant or the notify party in the b/l?

Best regards,
N.H.Duc

[edited 12/15/2008 1:23:44 AM]