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  • 13 hours ago Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?
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  • 13 hours ago CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?
Home Tag Archives: Bill of Lading vs Air Transport Document

Tag Archives: Bill of Lading vs Air Transport Document

Bill of Lading vs Air Transport Document: Why Does UCP 600 Treat the Issuance Date Differently?

By Mr Old Man
3 weeks ago
in :  Mr Old Man, Payment, Q&A
0
82

A small wording difference between article 20 and article 23 of UCP 600 often raises an interesting technical question among trade finance practitioners. For bills of lading, UCP 600 does not expressly require the document to indicate a date of issuance. However, article 23 clearly states that an air transport document must indicate the date of issuance. Why the difference? …

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Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

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