Sanctions Clause in Letters of Credit QUESTION Dear Mr. Old Man We have shipment of bulk liquid cargo. We got the charter party bill of lading with loading port as South Korea.We sent the documents to our bank our bank checked the documents and sent the complying documents to issuing bank. After five banking days passed, the issuing bank sent below swift message to our bank: … Read More
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?
CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?