Mr Old Man Payment Q&A SHIPPED ON BOARD THE VESSEL THAT LEAVES THE PORT OF LOADING By Mr Old Man Posted on May 16, 2024 4 min read 0 0 1,333 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, Good day. Please reiterate your explanation again regarding below query: Customer presented BL with place of receipt and port of loading as Bintulu Malaysia. With indication pre-carriage as UNI-Perfect and ocean vessel as EVER BRAVE. On board notation only shown as: Laden on board UNI-Perfect 7 May 2024 Bintulu. Is it a valid discrepancy, correct? Correct on board notation must be on ocean vessel i.e. shipped/laden on board EVER BRAVE 7 May 2024 Bintulu. Checkers quoted ISBP E6 ii – BL presented is clean. ISBP did not clearly state which vessel name to be shown under the full-on board notation. They also pointed out the ICC on board notation chart mentioned the same explanation. It created confusion. Issuing Bank dishonors based on TA858 Rev Thank you so much. Best Regards, Xona Woo —– ANSWER Hi, Where a bill of lading is pre-printed “received for shipment” or “shipped on board” with 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 leaves the port of loading) and the port of loading. In your specific case, the vessel that leaves the port of loading (Bintulu) is the ocean vessel (EVER BRAVE). Therefore, the correct on-board notation is SHIPPED ON BOARD EVER BRAVE 7 May 2024 Bintulu. See Bill of Lading FlowChart (Document 470/1128 rev final “Recommendations of the Banking Commission in respect of the requirements for an On-Board Notation”): However, in container transportation, the goods may be shipped on board the pre-carriage vessel at the port of loading and this vessel leaves the port of loading for the port of transshipment (even in another country) where the goods are to be transshipped onto the mother/connecting vessel. If this is the case, then the on-board notation can be indicated as follows: SHIPPED ON BOARD UNI-Perfect 7 May 2024 Bintulu Mother/Connecting Vessel: EVER BRAVE I see that the latter case is very popular in container transportation in Southeast Asia. However, ICC appears to forget to include this in their latest guide: Document 470/1128 rev final “Recommendations of the Banking Commission in respect of the requirements for an On-Board Notation” or ISBP. For further reference, please also read the following Q&A: https://mroldman.net/shipped-on-board-the-pre-carriage-vessel/ https://mroldman.net/on-board-notation-6/ https://nhducdng.wordpress.com/2013/02/21/on-board-notation-5/ Best 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?