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AWB original 3 for principal

Posted: Sun Sep 26, 2021 11:33 pm
by alice
Dear all
Do you accept AWB marked as original 3 (for Principal) in presentation under letter of credit?
As per UCP it must be original for consignor or shipper.
Best regards

Re: AWB original 3 for principal

Posted: Mon Sep 27, 2021 1:52 pm
by picant
Hi Pal,

I think that if the airline uses the term "Principal" i/o shipper or consignor, the original 3 for Principal should be accepted.
Banks are not aware of the behaviour of members of other industry.
Other comments appreciated