Uncategorized ROUNDING OFF A DECIMAL By Mr Old Man Posted on May 18, 2012 54 second read 0 0 2,689 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr QUESTION Elin writes: .Hi Mr Old Man Thanks a lot for yr respond. I have another doubt as follows: (1) Invoice showing measurement as 52.22 whereas B/L showing measurement as 52.218. How should i treat this documents? .Thanks . ————- ANSWER There is no discreapancy. .The following is quoted from ICC R218:"Rounding-off the gross weight in this case (bill of lading showing gross weight 44.595 and other documents showing 44,595.2) cannot be considered as an inconsistency amongst the documents".Best regards,Mr. Old Man
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?