Uncategorized WHETHER A SHIPPER CAN SIGN A BILL OF LADING AS AGENT FOR OR ON BEHALF OF THE MASTER By Mr Old Man Posted on November 28, 2014 1 min read 0 1 2,477 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr My bikes QUESTION We have received a switch BL and the shipper signed as agent for and on behalf of the master with name of master & vessel indicated. Please advise if it is considered discrepancy due to shipper signing as agent? —————– ANSWER Hi, The UCP does not prohibit a party from playing a dual role: (i) acting as shipper, and (ii) acting as agent for or on behalf of the carrier or the master. The bill of lading signed in the described manner complies with sub-article 20(a) (i) UCP 600. 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?