issued at loading port

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DanielD
Posts: 538
Joined: Fri Apr 05, 2019 5:16 pm

issued at loading port

Post by DanielD » Tue Aug 18, 2009 1:00 am

Dear all,

DC requires cert. of inspection ...issued at loading port.
Said certificate states that inspection has taken place at loading port but is no issued at loading port. I thought there was an opinion about this issue but cannot find anything
Would you accept it?
Regards
Daniel
LeoCullen
Posts: 131
Joined: Fri Apr 05, 2019 5:21 pm

issued at loading port

Post by LeoCullen » Tue Aug 18, 2009 1:00 am

As it can be specifically seen from the document that it is not issued at the port of loading (and that it is issued somewhere else) I would very very reluctantly say it is a discrepancy.

The credit asks for issued at the port... the document states something different.

I cannot see any relevance in the place of issue of the document but that is of no consequence.

I don't know of any Opinion on similar.
NigelHolt
Posts: 1449
Joined: Fri Apr 05, 2019 5:24 pm

issued at loading port

Post by NigelHolt » Wed Aug 19, 2009 1:00 am

Daniel,

Sorry, cannot help with an opinion. I would be inclined to interpret the requirement literally and therefore refuse the certificate for not having been ‘issued’ at the loading port, however nonsensical this might appear.

Regards, Jeremy
MarcoMACRINA
Posts: 3
Joined: Fri Apr 05, 2019 5:22 pm

issued at loading port

Post by MarcoMACRINA » Thu Aug 20, 2009 1:00 am

The intention is to have the inspection results at loading port (vs discharge port). Hence I have no problem to accept this document evenso not litterally issued at loading port
DonSmith
Posts: 57
Joined: Fri Apr 05, 2019 5:17 pm

issued at loading port

Post by DonSmith » Sat Aug 22, 2009 1:00 am

Sounds like a case of bad issuance.

Would you have accepted an inspection certificate "issued at the port of loading": but stating the inspection occurred at the shippers warehouse?

Was there any other information given in the credit that might guide the bank in their examination - such as a requirement the inspection take place at the port of loading?
DanielD
Posts: 538
Joined: Fri Apr 05, 2019 5:16 pm

issued at loading port

Post by DanielD » Mon Aug 24, 2009 1:00 am

M. Smith,

Not sure it was a bad issuance as, not unfrequently, these documents are issued at the port of loading.
Question no 1: yes: 14f
Question no 2: nothing

Actually, what annoys me is that I was pretty sure there was something somewhere about this issue. Apparently there is not.
Regards
DD
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