To what extent an advising bank has to check for the data co
Posted: Tue Jul 23, 2002 1:00 am
We welcome inputs from bankers and non-bankers to have a balanced view.
Scenario 1
To take Hatem's example, what about if a DC calls for a shipment deadline date of 1 July 2002 and an expiry date of 1 August 2002 but also states that documents must be presented no later than 15 days after shipment?
Scenario 2
What about a FOB DC that requires a BL freight prepaid?
Scenario 3
What about calling for an air waybill (grade 1 in terms of difficulty in providng a good answer) or an air charter party (grade 2), or a multimodal transport document (grade 3) or a multimodal transport BL (grade 4) but specifying shipment from port of loading to port of discharge?
Grade 2 or above are intended for those bankers or traders who know the basics about transport and the current shipping practices.
www.tolee.com
[edited 7/23/02 4:41:37 PM]
Scenario 1
To take Hatem's example, what about if a DC calls for a shipment deadline date of 1 July 2002 and an expiry date of 1 August 2002 but also states that documents must be presented no later than 15 days after shipment?
Scenario 2
What about a FOB DC that requires a BL freight prepaid?
Scenario 3
What about calling for an air waybill (grade 1 in terms of difficulty in providng a good answer) or an air charter party (grade 2), or a multimodal transport document (grade 3) or a multimodal transport BL (grade 4) but specifying shipment from port of loading to port of discharge?
Grade 2 or above are intended for those bankers or traders who know the basics about transport and the current shipping practices.
www.tolee.com
[edited 7/23/02 4:41:37 PM]