Transhipment riskcover

KimChristensen · Post by **KimChristensen** » Tue Sep 22, 2009 1:00 am

Dear all,

I have an LC which under “Transhipment” states: “Allowed with transhipment riskcover”.

Have anyone seen similar? And/or have any clue what it is that the issuing is expecting to find in the documents?

In the case in front of me there is not even required an insurance document …

Thanks in advance.

Kim

Ps. I have asked issuing bank ... still waiting their reply

JudithAutié · Post by **JudithAutié** » Tue Sep 22, 2009 1:00 am

I have only seen this in a credit coming from India and requiring an insurance certificate which indicates "transhipment risks covered" (whatever that meant)

Best
Judith

JudithAutié · Post by **JudithAutié** » Mon Sep 28, 2009 1:00 am

Kim

Did you get any answer from the IB?

I would be interested to see what they said (and eventually what country is involved)

Thanks
Judith

KimChristensen · Post by **KimChristensen** » Wed Sep 30, 2009 1:00 am

Judith,
It is an LC from India ... and they did not bother answer

Best
Kim