Q&A INVOICE ISSUED BY THE BENEFICIARY IN THE NAME OF THE APPLICANT By Mr Old Man Posted on January 7, 2016 2 min read 4 0 5,120 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr QUESTION Dear Mr. Old Man, I have a case regarding invoice as follows: LC stated that: SIGNED AND STAMPED COMMERCIAL INVOICE ISSUED BY THE BENEFICIARY IN THE NAME OF APPLICANT CERTIFYING THAT GOODS INVOICED STRICTLY COMPLY WITH THOSE MENTIONED IN THE ABOVE PROFORMA INVOICE IN 3 ORIGINALS AND 3 COPIES. Invoice presented by the beneficiary showing: “In the name of applicant CERTIFYING THAT GOODS INVOICED STRICTLY COMPLY WITH THOSE MENTIONED IN THE ABOVE PROFORMA INVOICE” I raised a discrepancy as follows: Invoice: + Applicant not certifying that goods invoices strictly comply with those mentioned in the above proforma Invoice” + Not signed by Applicant. Please tell me whether I am correct in raising such a discrepancy. Looking forward to receiving your soon reply Thanks a lot NGLC —————- ANSWER Hi, According to sub-article 18 (a) UCP 600, a commercial invoice must appear to have issued by the beneficiary and must be made out in the name of the applicant. The requirement in the LC is based on the above provision of UCP 600. Perhaps, the misssing of the word “AND” has caused confusion and misunderstanding for some non-native English speakers. It will be clearer if the requirement is re-worded as follows: “Signed and stamped commercial invoice issued by the beneficiary AND in the name of the applicant certifying that the goods invoiced strictly comply with those mentioned in the above proforma invoice …” In short, the invoice is acceptable if it includes the name of the applicant. Kind regards, Mr. Old Man