WHERE CARGO RECEIPT IS DATED BEFORE THE ACTUAL DATE OF RECEIPT

QUERY FROM TINVLOVEFORLIFE

i've just know ur blog as searching some problem of lc on internet. i found that you're very good at lc, so i would like to ask u one question, hope that u will answer to me asap, thanks a lot : cargo receipt dated before that date of receiving the cargo (for exp: cargo rcpt dated jan.20, 2010, but the cargo received is jan 22, 2010?

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COMMENT

Hi,

I don’t know what you mean by your question. I guess you want to know if such a cargo receipt is acceptable or not.

Exactly speaking, the term “cargo receipt” is not covered in UCP 600. However, based on related articles in UCP 600 (19 – 25), I wish to answer as follows:

The date of issuance of the cargo receipt will be deemed to be the date of receipt. However, if the cargo receipt includes the date on which the cargo is actually received, this date will be deemed the date of receipt.

Your description does not expressly indicate if the cargo receipt includes the actual date of receipt of the cargo. If it does, then it is acceptable, and if it does not, then the date of issuance of the cargo receipt will be deemed to be the date of receipt though the cargo is actually received on a later date.

Regards,
Mr. Old Man …