Article 13- Examination of documents by bank
Posted: Sun Dec 31, 2000 12:00 am
In Case of an L/C, it was a condition that the certificate of analysis & G.C. report should be issued by the manufacturer.
Now the problem is that the certificate of analysis only carries a name and under which in bracket manufacturer is endorsed. In effect certificate of analysis does not show the address of the manufacturer or any indication by way of any notation, stamp etc. to show that on whose behalf that document is issued.Under these circumstances is this document acceptable under UPDC 500.
The G.C. report does not carry any indication to show that manufacturer has issued the same. However below the G.C. report wordings the stamp of shipper appears. Further the G.C. report is in Chinese language whereas all other documents are in English.Secondly the G.C. report does not carry any cross reference to any other shipment document or product shipped. Can this document be accepted under UPDC 500. Would be grateful to receive comments by email on rajivgupta2001@yahoo.com
Now the problem is that the certificate of analysis only carries a name and under which in bracket manufacturer is endorsed. In effect certificate of analysis does not show the address of the manufacturer or any indication by way of any notation, stamp etc. to show that on whose behalf that document is issued.Under these circumstances is this document acceptable under UPDC 500.
The G.C. report does not carry any indication to show that manufacturer has issued the same. However below the G.C. report wordings the stamp of shipper appears. Further the G.C. report is in Chinese language whereas all other documents are in English.Secondly the G.C. report does not carry any cross reference to any other shipment document or product shipped. Can this document be accepted under UPDC 500. Would be grateful to receive comments by email on rajivgupta2001@yahoo.com