ISBP Para 199

The forum is dedicated to all who deals with LCs. Please share your experiences, problems and opinions with us. You are requested to be confined to LC related issues only. Let us together discover the beauty of Letter of Credit. Thank and regards – admin; besttradesolution.com
Post Reply
Trang
Posts: 50
Joined: Mon Jan 18, 2010 10:51 am
First Name: Tracy
Last Name: Tracy
Organization: MB
Filter: Two Plus Two =: 4

ISBP Para 199

Post by Trang » Fri Feb 12, 2010 8:32 am

In ISBP Para 199 it stipulates that consignee can be another party named therein. What does this mean? Who and where are the order parties named?
Top
User avatar
berry
Posts: 329
Joined: Fri Nov 07, 2008 11:36 pm

as per LC requirement

Post by berry » Mon Feb 15, 2010 8:04 pm

named therein means any party's named that the LC wants. this could be the agent or freight forwarder of the applicant
Top
Post Reply

Return to “Letter of Credit Forum”