CONSIGNEE SHOWN ON CERTIFICATE OF ORIGIN

QUERY FROM BINHBENTRE

Dear brother Old Man,

I just searched on the internet and got to know your blog with an entry regarding Certificate of Origin (C/O), I am facing an issue, but don t know to to fix it, would you pls refer to the below case and give us your valuable advices.

1. A US trader bought cargoes made in Vietnam from a vietnamese facturing company.
2. Upon the instruction from the buyer (US company), the seller (VN company) has delivered cargoes into the Bonded Warehouse.
3. The US party sold a part of cargoes to an egyptian company and then the cargo will be shipped to Egypt.

The VN company will get a C/O with their name as the shipper and the consignee is the US company. In this case, pls kindly advise how to get a C/O that the cnee is shown on C/O as the actual egyptian importer.

I shall be grateful if you will take your time and advise me the procedures to get such C/O.

Many thanks in advance and look forward to receiving your reply.

Best regards,
Binhbentre

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COMMENT

RE: Certificate of Origin

Hi Mr. Binhbentre,

Thanks for visiting Mr. Old Man’s blog.

Regarding your query I think it depends on the terms of the LC or the terms of the contract signed between your company and your US counterpart and even depends on your application for C/O.

I’m sure you may have ever come across Cs/O issued with “to order of the issuing bank” as the consignee.

So if the contract or the LC, if any, requires a C/O with the Egyptian importer’s name shown as the consignee, I don’t think the chamber of commerce and industry will refuse to issue or grant such a C/O.

Hoping my answer is helpful.

Best regards,
Mr. Old Man …