B/L issued by the beneficiary

General questions regarding UCP 500
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KimChristensen
Posts: 404
Joined: Fri Apr 05, 2019 5:21 pm

B/L issued by the beneficiary

Post by KimChristensen » Wed Nov 03, 2004 12:00 am

I have a sweet one for you.

The L/C calls for a bill of lading according to article 23.

The bill of lading presented is ISSUED by the beneficiary (not showing the capacity).
Shipper is the beneficiary, and it is consigned “to the order” – notifying the applicant.
It is issued as a “FBL”
There are 3 “originals”

It is further stated on the document:
“Full set obl has been surrendered in port of origin”
“This is a re-placement bill of lading for use of customs clearance at final destinations. All information is copied from the original document”

There is no mentioning that the document gives access to the goods, but a transport company at place of destination is mentioned as “for delivery of goods please apply to”.

Innovative – don’t you think :-)

Have a nice day

Kim
NigelHolt
Posts: 1449
Joined: Fri Apr 05, 2019 5:24 pm

B/L issued by the beneficiary

Post by NigelHolt » Wed Nov 03, 2004 12:00 am

'Bizarre' seems a more appropriate word to me.
larryBacon
Posts: 689
Joined: Fri Apr 05, 2019 5:26 pm

B/L issued by the beneficiary

Post by larryBacon » Wed Nov 03, 2004 12:00 am

If the document is issued as a FBL, there is hardly any need to look any further - it does not comply with the Article 23 requirement.

Laurence
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