PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B) QUESTION Dear Mr. Old Man, LC does not allow partial shipments. Documents were presented to the issuing bank in two separate covering schedules. The first set reached the issuing bank’s counter on 5 October, 2015 and the second set on 8 October, 2015. However, the bills of lading in the two sets showed goods were shipped on the same vessel … Read More
PARTIAL SHIPMENT QUERY FROM PHUONG THUY Em nhờ Mr Old Man giải đáp thắc mắc tình huống này với ạ, em xin cảm ơn nhìu.^o^. + L/C quy định: – Cấm giao hàng làm nhiều lần (từng phần) – Hàng giao từ cảng Kobe (Nhật Bản) – Hàng giao là “xe hơi” nhãn hiện “ INOVA” 20 chiếc + Vận đơn xuất … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?