NEGOTIATION UNDER A CREDIT AVAILABLE BY DEFERRED PAYMENT.

INVOICE SHOWING FREE OF CHARGE GOODS AND ….

QUESTIONS Dear Mr. Old Man Could you please give me  your opinions on the following questions? QUESTION 1 L/C requires: – Commodity : Pharmaceutical products – Description:  Details of quantity and unit price as per contract no. 123 – Total amount: USD100,000.00 (+/-10%) Invoice presented shows: – Commodity: Pharmaceutical products – Description:  Details of quantity and unit price as per …

ON BOARD NOTATION; VESSEL NAME ON INVOICE.

QUESTION Dear Mr. Old Man, I need your help with the following: BL “received for shipment” shows as follows: Pre – carriage by: Akar H14356 Place of receipt: Hochiminh, Vietnam Ocean vessel: Norbir 26899H Port of loading: Hochiminh Port of discharge: Singapore Laden on board in Akar H14356 1. Is the above on board notation OK? 2. Should invoice show …

WHERE CORRECTIONS ON A BILL OF LADING ARE AUTHENTICATED BY A SEPARATE STATEMENT.

SHORT SHIPMENT OR NOT?.

QUESTION Dear Mr Old Man, LC stipulates as follows: – Partial shipment: allowed. – Latest date of shipment: 13 Feb 2014 – Presentation period: within 15 days from the date of shipment but within the validity of the credit – Expiry date: 28 Feb, 2014. – Additional conditions: 135,000 meters will be on or before 13 Feb, 2014. Beneficiary makes …

INSURED PARTY UNDER THE INSURANCE POLICY.