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Issue on B/L
Posted: Tue Jun 21, 2011 1:00 am
by GSham
Jeremy,
I just realised that the discussion forum is like a gold mine. Need to continue digging ...
I look forward to more discussion with you and the other friends.
Cheers,
Gabriel
Issue on B/L
Posted: Tue Jun 21, 2011 1:00 am
by NigelHolt
Fair enough Gabriel. In answer to your question it would have to be 14(a) in conjunction with the definition of a complying presentation in Article 2 which expressly refers to i.s.b.p. (as opposed to ISBP which is an authoritative, if flawed, source of i.s.b.p.).
Issue on B/L
Posted: Tue Jun 21, 2011 1:00 am
by GSham
Ah! That gap-filler i.s.b.p. Thanks Jeremy.
Issue on B/L
Posted: Fri Jun 24, 2011 1:00 am
by asamaha
What if the 3 LCs are issued as separate back-to-back credits against 3 separate original credits received from 3 different issuing banks? How can such BL covering the 3 consignments altogether be applied on the original LCs?
Regards
Antoine