Home Mr Old Man WHEN THE NOTIFY PARTY’S ADDRESS DIFFERS FROM THE APPLICANT’S ADDRESS

WHEN THE NOTIFY PARTY’S ADDRESS DIFFERS FROM THE APPLICANT’S ADDRESS

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QUESTION

Dear Sir,

Good day!

I have one Doubt.

L/C shows Field 50 (Applicant) as below:

EAST AFRICAN PHARMACEUTICALS PLC

ST. ST. SALITMEHERET CHURCH ROAD,

NEAR TO JACROSHOUSING COMPOUND

ROBERA COFFEE FACTORY

TEL: +251116461456/57 TIN 0000034121

Whereas The AWB Clause shows as below:

SIGNED AND STAMPED ORIGINAL AIRWAY BILL PLUS ONE COPY MARKED FREIGHT (PREPAID) ISSUED IN THE NAME OF COMMERCIAL BANK OF ETHIOPIA MARKED NOTIFY (APPLICANT EAST AFRICAN PHARMACEUTICALS PLC ADDIS ABABA, ETHIOPIA 0116461456/57).

The commercial Invoice presented indicates Applicant as

“EAST AFRICAN PHARMACEUTICALS PLC

ST. ST. SALITMEHERET CHURCH ROAD,

NEAR TO JACROSHOUSING COMPOUND

ROBERA COFFEE FACTORY

TEL: +251116461456/57 TIN 0000034121”,

Whereas the AWB indicates Notify Party as

“EAST AFRICAN PHARMACEUTICALS P L C

ADDIS ABABA, ETHIOPIA 0116461456/57”.

Is that a discrepancy? Please cite ISBP to support this.

Regards.

Mike

—-

ANSWER

Dear Mike,

According to Article 18(a)(ii) of UCP 600, a commercial invoice must be issued in the name of the applicant. As such, the invoice indicating the applicant as stated in Field 50 is in full compliance with both the letter of credit terms and the referenced article.

The Air Waybill indicating the notify party as described also satisfies the requirements outlined in the LC.

In my opinion, raising a discrepancy based on ISBP 821 paragraph H15 and UCP 600 Article 14(d) concerning data conflict is not justified. There is no discrepancy!

Lastly, I may forward your question to TSU editors for further comments and will revert to you.

Best regards,

Mr. Old Man

—-

FURTHER COMMENTS FROM TSU EDITORS

  • Nesarul Hoque ATM

Article 14 (d) is not applicable. ISBP 821 H15 is not applicable as the credit mentioned the applicant’s name and address details.

  • Zahoor Dattu

There is no discrepancy at all.

The invoice has been issued in the name of the applicant per the LC requirements. AWB notify is also per the LC requirements.

  • Ilie Bogdan

ISBP 821 H15 is not applicable.

In our case, the LC clearly indicates an address for the notify party, which is different from the one stated under field 50, which is quite enough common in the LCs. There is no discrepancy at all since the AWB indicates the address stated in the LC.

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