*originally posted by Sean Breen
Does the capacity of the carrier need to be indicated beside the signature on the Bill of Lading?
Signature on a bill of Lading
Signature on a bill of Lading
*originally posted by T.O.Lee
The Carrier's capacity is defined in the early clauses at the back
of the B/L. However, those bankers who are interested in this can
find the answer at the back of the B/L although they are not required
to look at the back of the B/L under the UCP.
In fighting trade frauds, with so many fraudulent Bs/L in the market
nowadays, from the risk management and cusotmer service points of
view, I do encourage bankers to look at the back of the B/L if they
find something suspicious on the face of the B/L.
However, this needs a lot of training before they understand the
jargons at the back of the B/L.
[edited 5/8/01 12:50:02 PM by sean (Moderator)]
The Carrier's capacity is defined in the early clauses at the back
of the B/L. However, those bankers who are interested in this can
find the answer at the back of the B/L although they are not required
to look at the back of the B/L under the UCP.
In fighting trade frauds, with so many fraudulent Bs/L in the market
nowadays, from the risk management and cusotmer service points of
view, I do encourage bankers to look at the back of the B/L if they
find something suspicious on the face of the B/L.
However, this needs a lot of training before they understand the
jargons at the back of the B/L.
[edited 5/8/01 12:50:02 PM by sean (Moderator)]
Signature on a bill of Lading
*originally posted by Vincent O'Brien
Q. 'Does the capacity of the carrier need to be indicated beside
the signature on the Bill of Lading?
From the bank document checkers perspective examining a
Bill of Lading the answer is as follows:
If the BL is signed or authenticated by the carrier or master then
the signature must be identified as (in the capacity of)
carrier or master.
If the BL is signed or authenticated by an agent for the carrier
or master then the agent must also indicate the capacity of the
party i.e. carrier or master, on whose behalf that agent is acting.
<refer article 23 a(1)-UCP500>
It may be of interest to note that DCPro Mentor Module 2 explains
the various options in detail and provides many valuable visual
examples based on real life scenarios.
Q. 'Does the capacity of the carrier need to be indicated beside
the signature on the Bill of Lading?
From the bank document checkers perspective examining a
Bill of Lading the answer is as follows:
If the BL is signed or authenticated by the carrier or master then
the signature must be identified as (in the capacity of)
carrier or master.
If the BL is signed or authenticated by an agent for the carrier
or master then the agent must also indicate the capacity of the
party i.e. carrier or master, on whose behalf that agent is acting.
<refer article 23 a(1)-UCP500>
It may be of interest to note that DCPro Mentor Module 2 explains
the various options in detail and provides many valuable visual
examples based on real life scenarios.
-
khalilhamad
- Posts: 9
- Joined: Fri Apr 05, 2019 5:21 pm
Signature on a bill of Lading
Please also see ICC Position Paper No. 4 .