lc calls for bene certificate supported by courier receipt stating that 1 original bl has been sent directly to applicant , xyz within 7 days of shipment.
addl cond of lc requires all documents to bear lc no and date.
would this courier receipt need to be bear lc no and date to be compliant with lc terms
courier receipt
courier receipt
TWO UNCLEAR ISSUES
The DC requires all documents to quote the DC number and date.
We have two issues here:
(1) The exact wordings used in the DC to determine the intention of the parties, whether the courier receipt (i) is merely serving as a supporting evidence for the certificate that certifies that one original BL has been sent directly to the applicant within 7 days after shipment or (ii) is by itself an independent stipulated document required by the DC.
(2) whether the data content of the courier receipt could have sufficient linkage to that particular shipment under the DC.
Before these uncertainties are clarified, it is premature to talk about the right answer to your query.
Since you own the documents, once you have clarified these two issues, you can find the answer yourself, and if necessary, you may search the DC Pro search facilities to find the ICC Official Opinions to support your decisions.
www.tolee.com
[edited 7/22/02 10:26:06 PM]
The DC requires all documents to quote the DC number and date.
We have two issues here:
(1) The exact wordings used in the DC to determine the intention of the parties, whether the courier receipt (i) is merely serving as a supporting evidence for the certificate that certifies that one original BL has been sent directly to the applicant within 7 days after shipment or (ii) is by itself an independent stipulated document required by the DC.
(2) whether the data content of the courier receipt could have sufficient linkage to that particular shipment under the DC.
Before these uncertainties are clarified, it is premature to talk about the right answer to your query.
Since you own the documents, once you have clarified these two issues, you can find the answer yourself, and if necessary, you may search the DC Pro search facilities to find the ICC Official Opinions to support your decisions.
www.tolee.com
[edited 7/22/02 10:26:06 PM]