Language and examination of a document under UCP article 14
Posted: Fri Jun 26, 2009 12:18 pm
as per ISBP
at the same time UCP article 14 says23. Under international standard banking practice, it is expected that documents issued by the beneficiary will be in the language of the credit.
now if a credit calls for a presentation of a analysis certificate from a govt office with a predefined content and the certificate presented is in a language which the document examiner can not understand, will there be any discrepancy?a. A nominated bank acting on its nomination, a confirming bank, if any, and the issuing bank must examine a presentation to determine, on the basis of the documents alone, whether or not the documents appear on their face to constitute a complying presentation.