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BL consignee

Posted: Tue Apr 21, 2009 1:00 am
by jsheehan
LC requires original Bs/L "issued or endorsed to the order of (LC issuing bank)"

Bs/L presented show "Consignee or Order: (LC issuing bank)"

Discrepancy or not? Confirming bank says yes, I say no argueing that the BL presented is in fact issued to the order of the LC issuing bank

Comments, please. Thanks

BL consignee

Posted: Wed Apr 22, 2009 1:00 am
by ThuHoangAnh_
Hi,

It’s a discrepancy. Such an indication is ambiguous. It is impossible to determine whether it is a “straight” bill of lading or a “to order” bill of lading.

Best regards,
N. H. Duc

BL consignee

Posted: Wed Apr 22, 2009 1:00 am
by DanielD
I agree with N.H. Duc, to dispel doubts, it should have been reinstated "to order of IB"
Regards
Daniel

BL consignee

Posted: Wed Apr 22, 2009 1:00 am
by jsheehan
Thanks for the input. FYI docs have been accepted based on Masters agent written confirmation that BL consignee same as if consigned "to order (LC issuing bank)'

Regards