Uncategorized ON BOARD NOTATION; VESSEL NAME ON INVOICE By Mr Old Man Posted on March 6, 2014 2 min read 1 0 2,808 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 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 the pre-carriage Akar H14356 or the ocean vessel Norbir 26899H? Looking forward to your answer soon. Thank you in advance. Best regards, XXX —————– ANSWER Hi, 1. On board notation If Bill of Lading is pre-printed “received for shipment” with a place of receipt AND an indication of a means of pre-carriage OR with an indication of a means of pre-carriage only, a dated on board notation is required with the name of the vessel (that is leaving the port of loading) and the port of loading. For your case, a correct on board notation would be as follows: SHIPPED ON BOARD M/V NORBIR 26899 AT HOCHIMINH PORT, VIETNAM ON (DATE) 2. Vessel on invoice There is no need for the name of the vessel to be indicated on the invoice. However, when it is indicated on the invoice, it must agree with that on the bill of lading and other documents. The invoice in your case may indicate both the names of the pre-carriage vessel (M/v Akar H14356) and the ocean vessel ((M/v Norbir 26899H) or only the name of the ocean vessel (M/v Norbir 26899H). Kind regards, Mr. Old Man
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?