WHERE A CERTIFICATE OF QUANTITY DOES NOT FULFIL ITS FUNCTION QUESTION Dear Mr. Old Man, LC requires among other documents “Certificate of quality and quantity…” A certificate of quality and quantity presented indicates the invoice number and states that the quality is A grade. However, it contains no information about the quantity of the goods. Is the presented certificate acceptable? Thank you. DD ———— ANSWER Hi, I’m afraid not. … Read More
INSURANCE AMOUNT QUESTION FROM SHAHED – CANADA Can a negotiating bank reject documents due to over insurance ? Shahed Toronto ——– COMMENTS FROM NGUYEN HUU DUC – VIETNAM. Hi, . See ISBP 745 para K12) which says when a credit does not indicate an amount to be insured, an insurance document is to be issued in the currency of the credit and, … Read More
I have to move my blog to WordPress My Opera will be shut down as of March 1, 2014. Again I must find another home for my blog. I am trying to export my blog from My Opera to WordPress. Read More