Best Trade Solution

Hi all,

The following question regards assistance :

a) lc called for official export inspection certificate issued by fgis.

presented official export inspection certificate issuef by united states department of agriculture federal grains inspection service.

will this be discrepancy? they are actually the same authority?

Hello,

in my point of view, it is not discrepancy as clause does not specify from which country the certificate should be issued. it simply stated inspection certificate issued by fgis.

regards
mandeep

Hi Frineds,
ISBP para #6 says " Use of generally accepted abbreviations does not make a document discrepant."
Because L/C asked inspection certificate from FGIS which stands for Federal Grain Inspection Service abd vice versa hence in my veiw it's not a discrepancy.

Secondly, if banks raise discrepancy on the ground that in L/C the terms FGIS does not stand for "Federal Grain Inspection Service" rather it is for somthing else then this shall be treated as ambigious requirement in L/C and in such conditions as per ISBP para #2 " An applicant bears the risk of ambiguity in it's instructions to the issuing bank....."
Hence no discrepancy.

Rgds./Navneet