additional fees on transport document
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- Joined: Fri Apr 05, 2019 5:21 pm
additional fees on transport document
An AWB was presented quoting additional costs to the freight. Those costs were fuel surcharge, documentation fees and letter of credit fees. Based on article 33d we accepted these "additional fees" however the issuing bank involved in this case refused them. We are looking for other banks opinions on this matter.
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- Joined: Fri Apr 05, 2019 5:25 pm
additional fees on transport document
Artoicle 33d is clear. I can't see how the issuing bank can have a case. Threaten to send the boys round
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additional fees on transport document
May I seek clarification as to what you mean by “documentation fees” and “letter of credit fees”?
Are we going to consider AWB as compliant if it shows negotiation fees and advising bank fees to be paid in addition to freight charges under the article 33d?
Are we going to consider AWB as compliant if it shows negotiation fees and advising bank fees to be paid in addition to freight charges under the article 33d?
additional fees on transport document
ONE STOP SERVICE OFFERED BY FREIGHT FORWARDERS
Now more and more freight forwarders are preparing the stipulated documents on behalf of the beneficiaries (particularly for those small manufacturers in USA, such as those high end Hi Fi equipment manufacturers, that may know nothing about the UCP 500) on top of handling the goods, for what they called "one stop service".
Therefore some freight forwarders not familiarised with the UCP 500 may show charges for "documentation fees", "letter of credit fees" or the like in their transport documents.
INVOICE "DOCUMENTATION FEES/CHARGES" SEPARATELY
When we train the freight forwarders, such as Shrenkers, we advise them to invoice/debit such fees separately and not to include them in the transport documents in order not to abuse sub Article 33 (d) of the UCP 500 that is meant only for transport related costs, but not for "documentation fees".
This is another example of our notion of "putting right data content in the right doucment" that we try hard to promote.
http://www.tolee.com
[edited 11/13/01 4:59:31 PM]
Now more and more freight forwarders are preparing the stipulated documents on behalf of the beneficiaries (particularly for those small manufacturers in USA, such as those high end Hi Fi equipment manufacturers, that may know nothing about the UCP 500) on top of handling the goods, for what they called "one stop service".
Therefore some freight forwarders not familiarised with the UCP 500 may show charges for "documentation fees", "letter of credit fees" or the like in their transport documents.
INVOICE "DOCUMENTATION FEES/CHARGES" SEPARATELY
When we train the freight forwarders, such as Shrenkers, we advise them to invoice/debit such fees separately and not to include them in the transport documents in order not to abuse sub Article 33 (d) of the UCP 500 that is meant only for transport related costs, but not for "documentation fees".
This is another example of our notion of "putting right data content in the right doucment" that we try hard to promote.
http://www.tolee.com
[edited 11/13/01 4:59:31 PM]
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- Posts: 220
- Joined: Fri Apr 05, 2019 5:19 pm
additional fees on transport document
ye, that makes sense as article 33c is meant for freight related charges and not for L/C related charges or its documentation.