ANOTHER QUERY on ON BOARD NOTATION QUERY FROM MRS ELFRIDA Dear Mr. Old Man We need your opinion with B/L as follows: 1. Pre Carriage ABC 2. Ocean Vessel DEF 3. Port of Loading Belawan Medan, Indonesia 4. Port of Discharge Felixstowe B/L indicates shipped on board ABC at Belawan dd. 21/08/2008. I want to know whether this B/L's condition is right. How is your opinion? … Read More
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?