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named applicant on B/L
Posted: Fri Aug 07, 2009 8:40 am
by loankim
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,
Not in this case I think
Posted: Fri Aug 07, 2009 9:42 am
by Judith
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.
Agree with Judith
Posted: Fri Aug 07, 2009 1:27 pm
by ldt5205
The fact that the “Titanium Trading” appears twice does not constitutes a discrepancy.
It can be regarded as a typing error.
Agreed with Idt and Judith
Posted: Fri Aug 07, 2009 1:46 pm
by ajoy
cheers
typo
Posted: Sat Aug 08, 2009 8:46 am
by shahriar
its a typo. no discrepancy
Dear Judith
Posted: Tue Aug 11, 2009 2:19 pm
by cristiand969
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.
notify party
Posted: Wed Aug 12, 2009 8:35 am
by narisa
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