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3 New Articles
  • 5 hours ago Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy?
  • 5 hours ago Late Payment Interest Claim under a Sight Letter of Credit
  • 5 hours ago Does “Clean On Board” Eliminate the Need for a Dated Onboard Notation?
Home Tag Archives: Mistyping of the L/C Number

Tag Archives: Mistyping of the L/C Number

Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy?

By Mr Old Man
5 hours ago
in :  Mr Old Man, Payment, Q&A
0
6

It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is whether an issuing bank may refuse documents when the credit number appears incorrectly, even though the mistake is merely the result of a typing error. The following question concerns a situation in …

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Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy?

Mr Old Man
5 hours ago

Late Payment Interest Claim under a Sight Letter of Credit

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5 hours ago

Does “Clean On Board” Eliminate the Need for a Dated Onboard Notation?

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Does a Certificate Stating Compliance with a Phytosanitary Certificate Satisfy the L/C Requirement?

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Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy?

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Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

Anonymous: Hi Mr. Old Man , What about the case where the email in the BL appears as "ABCST...

Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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