WHERE CARRIER S AND AGENT S NAME ARE THE SAME QUERY FROM NESARPost subject: where cariier and agent name are same Dear all, a bill of lading has been presented under a credit where indicated that carrier name: ABC & CO. and on a signature Box an agent of the carrier signed as follows: [signature] ABC & Co.An agent of the named carrier. Can we raise a discrepency due to … Read More
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
CAN THE ISUING BANK CITE “LATE PRESENTATION” AS A DISCREPANCY SOLELY BASED ON THE DATE OF THE COVER LETTER?