Whether a B/L shows only the name of the applicant in the notify party field and omits to show its address as mentioned in field 50 of MT700 creates a discrepancy in a credit requires a full set of 3/3 clean on board marine bill of lading made out to order of bank XYZ showing freight prepaid and notify the applicant.
I shall appreciate yr opinon on the above issue under a credit subject to UCP600.
Whether a notify party field with just the name of applicant
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Trang
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edilee
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the address should be marked on notify part
my view the address must be marked as mentioned on L/C
moreover it must be same as mentioned
other comments wellcome
moreover it must be same as mentioned
other comments wellcome
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subha1981
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Notify party on BL
Hi
In response to your query, when the LC states 'notify applicant' without stating further, then stating the name of the applicant alone is well enough and there is no obligation to show the complete address of the applicant. But, when the LC states 'notify applicant with complete address' or similar, then the BL must show the name with complete address as per LC.
Rgds
Subha
In response to your query, when the LC states 'notify applicant' without stating further, then stating the name of the applicant alone is well enough and there is no obligation to show the complete address of the applicant. But, when the LC states 'notify applicant with complete address' or similar, then the BL must show the name with complete address as per LC.
Rgds
Subha