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  • 6 hours ago Drafts under Negotiation LCs Restricted to the Confirming Bank – Who Should They Be Drawn On?
  • 2 days ago Gặp lại khách hàng “vừa cũ vừa già”
  • 2 days ago Consignee Mismatch? When the Certificate of Inspection and Bill of Lading Don’t Have to Match
Home Tag Archives: Vessel Age Certificate

Tag Archives: Vessel Age Certificate

Vessel Age Certificate – Who Can Sign? A Tale of Two Scenarios and One Cautious Bank

By Mr Old Man
1 week ago
in :  Mr Old Man, Payment, Q&A
0
59

Intro: In this Q&A, we examine two real-world scenarios involving a certificate confirming the vessel’s age — a common LC condition. While both certificates appear to meet the content requirement, questions arise over the identity and authority of the issuer. Is a letterhead necessary? Can any agent of the carrier sign such a certificate? And how should an issuing bank …

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Lica Mauer: In reply to Lucky comment: there is a clear omission of terms and conditions eit...

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