Dear All,
L/C calls for :
'a photocopy of the original clean on board B/L consigned to the order of the buyer etc...'
without specifying that short form or blank back B/L not acceptable.
The issuing bank refused the photocopy for the following reason:
'photocopy of the reverse side of the B/L not presented'.
Knowing that nothing on the photocopy presented shows that it is issued in more than one page,
would you reject such document and on what grounds?
I welcome your comments.
My Regards/Antoine
Photocopy of B/L
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KimChristensen
- Posts: 404
- Joined: Fri Apr 05, 2019 5:21 pm
Photocopy of B/L
Dear Antoine,
This is a bit tricky; and surely one of the places where banks have not made it any easier for themselves.
Anyway – when looking at the ICC opinions on this issue, then it is clear that this is not a “transport document” (as described in UCP). This means that article 23 does not apply – and the document should be examined according to e.g. article 21!
In that perspective, it does not seem reasonable to require a copy of the reverse side of the document – especially when it is not clear from the other side (front) that such exists.
I would not reject the document on the reason mentioned here.
Best regards
Kim
This is a bit tricky; and surely one of the places where banks have not made it any easier for themselves.
Anyway – when looking at the ICC opinions on this issue, then it is clear that this is not a “transport document” (as described in UCP). This means that article 23 does not apply – and the document should be examined according to e.g. article 21!
In that perspective, it does not seem reasonable to require a copy of the reverse side of the document – especially when it is not clear from the other side (front) that such exists.
I would not reject the document on the reason mentioned here.
Best regards
Kim
Photocopy of B/L
I agree with Kim.