Articles Q&A WHERE CERTIFICATE OF QUALITY STATES THE GOODS ARE OF POOR QUALITY By Mr Old Man Posted on September 19, 2017 1 min read 0 0 2,516 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr QUERY LC requires a certificate of vessel’s tank cleanliness. Beneficiary presents a document with exactly the same title, showing content as follow: Quote Method of Cleaning : No tanks cleaning was carried out. Unquote Is this document complying? Noting sub-article 14(f), the question is whether its content appears to fulfill the function of the required document. Can I have your view please? Regards, Gabriel ———— COMMENT Hi, This reminds me of the case where the L/C called for a certificate of quality and the presented certificate of quality presented stated that the goods were of poor quality. As the L/C did not provide any detail as to the wording and or specific content that the certificate should give, the presented certificate was acceptable under sub-article 14(f) notwithstanding such a statement. Yours is the same as the above case. There is no discrepancy. Best regards, N.H.Duc ———–
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?