Kindly ask your opinions onf the following question. An L/C, issued subjec to UCP600, contained the following requirement under field 46A:
“Full set of 3/3 original clean ocean bill of lading endorsed to order of ABC bank, showing freight prepaid and notify the applicant”
Field 44E: Ho Chi Minh port, Vietnam
Field 44F: Singapore port
.
The bill of lading presented was issued as follows:
Place of receipt *: Ho Chi Minh Port, Vietnam
Port of loading: Ho Chi Minh Port, Vietnam
Port of discharge: Singapore port
Place of delivery *: Singapore port
At the bottom of B/L there is a notation: * Applicable only when used as Multimodal B/L.
The issuing bank quote discrepancy: Multimodal B/L presented I/O Ocean B/L.
Is this issuing bank correct?
In other case:
Place of receipt *: Ho Chi Minh CY, Vietnam
Port of loading: Ho Chi Minh Port, Vietnam
Port of discharge: Singapore port
Place of delivery *: Singapore CY
The discrepancy: Multimodal B/L presented I/O Ocean B/L is still valid.
Yr comments are welcome.
Trang
Whether multimodal B/L presented I/O ocean B/L?
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old story
amazed to see this old so called discrepancy. to answer precisely; this * information is to be considered as a term and condition. there are ICC opinion indicating that singapore port and singapore CY is the same. even if * information is valid, the Bill of lading meets the requirement of article 20 and is therefore acceptable
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more clerification
thank you for your answer ILC
I understant multimodel B/L acceptaple instate of B/L in case of shows correct informations. is it true
moreover
Field 44F : United Kingdom
BL shows London
is it discrepancy not indicating the same place but it is being understood the place is correct
I understant multimodel B/L acceptaple instate of B/L in case of shows correct informations. is it true
moreover
Field 44F : United Kingdom
BL shows London
is it discrepancy not indicating the same place but it is being understood the place is correct