Paragraph 184 - Consignee on C/O
Posted: Thu Jan 28, 2010 12:00 am
I'm wondering about the meaning of the phrase "another party named therein" in this context, whether it can be any entity/party which is not mentioned elsewhere in the L/C, or it must be the party which is clearly indicated in the L/C.
Thanks so much for all of your comments!
"184. Consignee information, if shown, must not be in conflict with the consignee information in the transport document. However, if a credit requires a transport document to be issued "to order", "to the order of shipper", "to order of the issuing bank" or "consigned to the issuing bank", the certificate of origin may show the applicant of the credit, or another party named therein, as consignee."
Thanks so much for all of your comments!
"184. Consignee information, if shown, must not be in conflict with the consignee information in the transport document. However, if a credit requires a transport document to be issued "to order", "to the order of shipper", "to order of the issuing bank" or "consigned to the issuing bank", the certificate of origin may show the applicant of the credit, or another party named therein, as consignee."