Description of goods in Phytosanitary Certificate
Posted: Wed Sep 25, 2013 1:00 am
Dear DC PRO colleauges,
Appreciate your views on the following;
The LC stated description of goods as "Whole Red Lentils". All the documents presented under the LC show description as "Whole Red Lentils". However the phytosanitary certificate show description as "Lentils Red". The issuing bank is calling it a discrepancy stating that there is a conflict in the nature of goods.
LC calls for a Phytosanitary Certificate in one original.
ARTICLE 14F STATE THAT IF A CREDIT REQUIRES PRESENTATION OF A DOCUMENT OTHER THAN A TRANSPORT DOCUMENT, INSURANCE DOCUMENT OR COMMERCIAL INVOICE, WITHOUT STIPULATING BY WHOM THE DOCUMENT IS TO BE ISSUED OR ITS DATA CONTENT, BANKS WILL ACCEPT THE DOCUMENT AS PRESENTED IF ITS CONTENT APPEARS TO FULFIL THE FUNCTION OF THE REQUIRED DOCUMENT AND OTHERWISE COMPLIES WITH SUB-ARTICLE 14 (D).
Given the above, is issuing bank correct in pointing it as a discrepancy?
Regards
Appreciate your views on the following;
The LC stated description of goods as "Whole Red Lentils". All the documents presented under the LC show description as "Whole Red Lentils". However the phytosanitary certificate show description as "Lentils Red". The issuing bank is calling it a discrepancy stating that there is a conflict in the nature of goods.
LC calls for a Phytosanitary Certificate in one original.
ARTICLE 14F STATE THAT IF A CREDIT REQUIRES PRESENTATION OF A DOCUMENT OTHER THAN A TRANSPORT DOCUMENT, INSURANCE DOCUMENT OR COMMERCIAL INVOICE, WITHOUT STIPULATING BY WHOM THE DOCUMENT IS TO BE ISSUED OR ITS DATA CONTENT, BANKS WILL ACCEPT THE DOCUMENT AS PRESENTED IF ITS CONTENT APPEARS TO FULFIL THE FUNCTION OF THE REQUIRED DOCUMENT AND OTHERWISE COMPLIES WITH SUB-ARTICLE 14 (D).
Given the above, is issuing bank correct in pointing it as a discrepancy?
Regards