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Home Tag Archives: Toronto

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IS TORONTO A SEAPORT?

By Mr Old Man
August 20, 2025
in :  Mr Old Man, Payment, Q&A
2
179

In trade finance, banks are sometimes tempted to play detective when they see something that doesn’t look “geographically correct.” But under UCP 600, their role is not to check maps or shipping routes—it’s to examine documents on their face. A recent question about whether Toronto can be treated as a “port of discharge” illustrates this point well. QUESTION Dear Mr. …

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CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

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