A BILL OF LADING OR A MULTIMODAL TRANSPORT DOCUMENT? QUESTION Dear Mr. Old Man, Have a good day. I have one question need your explanation as below: It is hard for me to distinguish between Multimodal transport and B/L. LC required port of loading Shanghai to port of discharge DUBAI. Transport document presented place of receipt: Hangzhou. Whether it is multimodal transport when only field 44A required, but no … 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?