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quantity description

Posted: Fri Jul 04, 2008 1:00 am
by EgilBakken
A documentarty credit require
1000 metric tons to be shipped.
The invoices presented showed 1000 tne instead of mt or metric tons. The beneficiary claims that tne is a international accepted standard for metric tons. Is the document with tne as description for mt acceptable under a Credit?

quantity description

Posted: Mon Jul 07, 2008 1:00 am
by DanielD
The right thing to do here is to require the beneficiary to correct/re-issue the invoices
Regards
Daniel