Invoice Not Issued By Beneficiary

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TradeLaporte
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Invoice Not Issued By Beneficiary

Post by TradeLaporte » Wed Dec 18, 2013 10:23 pm

Dear members
Documents presented with invoice issued not by beneficiary , draft signed by beneficiary. Will the issue of the invoice cause a discrepancy? Thanks for your comments

vmduc
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Paragraph c2 isbp

Post by vmduc » Thu Dec 19, 2013 8:09 am

Unless the credit is a transferring L/C, the invoice issued by an entity other than the beneficiary will cause a discrepancy according to Paragraph C2 ISBP 745.

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mohiuddin
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Invoice not issued by beneficiary

Post by mohiuddin » Thu Dec 19, 2013 12:04 pm

Please refer to sub-art. 18(a)(i) of UCP600: A commercial invoice must appear to have been issued by the beneficiary (except as provided in article 38);

If said DC issued under UCP600.


Mohiuddin

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