Dear all,
Would you please give me your comments for my situation as follows:
L/C stating: TITANIUM TRADING is name of applicant in F50, and
also stating in F47 that:" complete applicant's name to appear on all docs should be NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING"
Requried B/L need to notify applicant .
.
On invoice and B/L presented, name of applicant and Notify party appear such as :
"NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
TITANIUM TRADING "
.
Is this a discrepancy ?
look forward to hearing from you !
rgds,
named applicant on B/L
- loankim
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Not in this case I think
In this particular case I don’t think that the fact that the “Titanium Trading” appears twice makes it a discrepancy.
But if it was a different name i.e. in field 50, it said, “SUNSHINE YELLOW” and the BL mentioned:
"NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
SUNSHINE YELLOW”
I would probably quote it as a discrepancy.
Other comments appreciated.
But if it was a different name i.e. in field 50, it said, “SUNSHINE YELLOW” and the BL mentioned:
"NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
SUNSHINE YELLOW”
I would probably quote it as a discrepancy.
Other comments appreciated.
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Agree with Judith
The fact that the “Titanium Trading” appears twice does not constitutes a discrepancy.
It can be regarded as a typing error.
It can be regarded as a typing error.
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Agreed with Idt and Judith
cheers
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Dear Judith
Judith wrote:But if it was a different name i.e. in field 50, it said, “SUNSHINE YELLOW” and the BL mentioned:
"NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
SUNSHINE YELLOW”
I would probably quote it as a discrepancy.
.
As long as the notify party is the one instructed in the credit, I would consider SUNSHINE YELLOW, additional notify party and additional information not contradicting anything and I would consider the document conform.
.
However for this case the documents should be seen as I don't know if the inquirer wanted the emphasize with quotes unquotes the notify party or the notify party shows:
NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
TITANIUM TRADING
or
- NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
-TITANIUM TRADING .
(the latter being the base for my response)
My best quess however is that the beneficiary wanted to put complete information to avoid any misinterpretation or gap of info i.e:
BOTH: info in field 47: NATIONAL FOOD AUTHORITY FOR THE ACCOUNT OF TITANIUM TRADING
AND
Applicant in field 50 : TITANIUM TRADING.
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notify party
Dear all !
I think , the best is must asked for issuing bank to make clear for notify party in b/l is as per field 50 or field 47.
rgds
I think , the best is must asked for issuing bank to make clear for notify party in b/l is as per field 50 or field 47.
rgds