Dear All,
L/C terms :
L/C APPLICANT: DEF. SEOUL, KOREA
BENEFICIARY: XYZ.
IPOH, PERAK, MALAYSIA
THIRD PARTY : GHI. MALAYSIA
L/C REQUEST INSURANCE CERT. ENDORSED IN BLANK
(1) BUT INSURANCE CERT. PRESENTED
SHOWING TO ORDER OF DEF
(REMARK: THE NAME OF APPLICANT WITH ADDRESS DIFFER FROM L/C. SAME COUNTRY IN KOREA.)
I THINK IT IS ACCEPTABLE
EVEN THOUGH ENDORSEMENT SHOWING GHI. MALAYSIA
WHICH IS NOT THE L/C BENEFICIARY'S NAME.
SINCE NO ENDORSEMENT IS REQUIRED BY ITS NATURE.
REMARK: DOCUMENTS PRESENTED SHOWING THIRD PARTY ENDORSEMENT GHI. MALAYSIA
(2) INSURANCE POLICY PRESENTED
L/C REQUEST INSURANCE CERT. ENDORSED TO ORDER OF BANK ABC
(1) BUT INSURANCE CERT. PRESENTED
SHOWING ASSURED XYZ TO ORDER OF BANK ABC
WITHOUT ANY ENDORSEMENT.
I TREAT BOTH INSURANCE CERT. ARE ACCEPTABLE.
PLEASE LET ME HAVE YOUR COMMENT.
THANK YOU FOR YOUR ASSISTANCE.
REGARDS,
ucp 800
insurance cert. endorsement
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ucp800
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