Uncategorized WHETHER BILL OF LADING DATE IS ISSUANCE DATE OF BILL OF LADING OR SHIPPED ON BOARD DATE By Mr Old Man Posted on December 3, 2014 54 second read 4 0 2,361 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr QUESTION Hi Mr. Old Man. Please answer my question: Date of Issue of B/L is 02-12-2014 and Shipped on Board date is 29-11-2014. So, the B/L date indicated in other documents is 02-12-2014 or 29-11-2014? Thank you —————– ANSWER Hi, Here’s my quick answer: Majority vote for 02-12-2014. Shipped on Board date 29-11-2014 is regarded as Bill of Lading date when used to calculate maturity date of draft. Kind regards, Mr. Old Man
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?