Best Trade Solution

Hi all
I have one question
Our bank is bank of issue L/C, stipulating that 2/3 original ocean bill of lading presenting
and 01 original B/L sent directly to applicant. (B/L is made to the order of our bank)
After that, our bank endorsed B/L to applicant under their request for receiving goods.
When we received presented docs under L/C, do we force to endorse B/L one more times? or needn't
thanks

Hi Pal,

The first original, presented by applicant, that you endorse if sufficient to take up the goods from carrier. The other 2/3 originals will be, probably, used by applicant for the transaction dossier/file/archiv etc., so they could be endorsed or not. When you endorse the first original, collect applicant authorization to accept l/c documents as presented to avoid any problems, OK.

Other comments appreciated

Ciao