Bank Gaurantee for Issuance of Duplicate Bill of Lading
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- Posts: 7
- Joined: Fri Aug 31, 2012 12:06 am
- First Name: ASIF
- Last Name: BUTT
- Organization: BANK
- Filter: Two Plus Two =: 4
- Location: PAKISTAN
Bank Gaurantee for Issuance of Duplicate Bill of Lading
please guide for the Bank Gaurantee for issuance of duplicate Bill of Lading. Original B/L is lost.
- picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
Bank Guarantee
Hi Pal,
unfortunately you must accept a wording presented by the shipping company, with some clauses not very fair.
We have to say that the bill of lading doe not contain the value of the goods, so the shipping company will ask for a bank guarantee amounting to the double of the extimated cargo value and valid, may be, five years.
So no bargain, only acceptance.
Other comments appreciated
Ciao
unfortunately you must accept a wording presented by the shipping company, with some clauses not very fair.
We have to say that the bill of lading doe not contain the value of the goods, so the shipping company will ask for a bank guarantee amounting to the double of the extimated cargo value and valid, may be, five years.
So no bargain, only acceptance.
Other comments appreciated
Ciao
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- Posts: 7
- Joined: Fri Aug 31, 2012 12:06 am
- First Name: ASIF
- Last Name: BUTT
- Organization: BANK
- Filter: Two Plus Two =: 4
- Location: PAKISTAN
Bank Gaurantee for issuance of duplicate Bill of Lading
Please provide the detail about issuance of bank guarantee for issuance of duplicate bill of lading
- picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
Guarantee
Hi Pal,
IMHO, it is better to ask a Shipping Company, locally. Moreover for the amount and the expiry date it would be necessary to discuss and obtain more favourable conditions. So contact some friends at a shipping company, wording can vary according to the Area.
Try in Internet too.
Ciao and good luck
IMHO, it is better to ask a Shipping Company, locally. Moreover for the amount and the expiry date it would be necessary to discuss and obtain more favourable conditions. So contact some friends at a shipping company, wording can vary according to the Area.
Try in Internet too.
Ciao and good luck
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- Posts: 29
- Joined: Tue Sep 04, 2012 4:54 am
- First Name: ha
- Last Name: kan
- Organization: Z Bank Ltd
- Filter: Two Plus Two =: 4
- Location: UK
Lost Bill of Lading
Hi Asif
You should search for the cases where the original B/L relating to shipment is lost. Also for for reissued B/L. Those topics may help you find about bank guarantees as well.
I hope you luck
You should search for the cases where the original B/L relating to shipment is lost. Also for for reissued B/L. Those topics may help you find about bank guarantees as well.
I hope you luck
- Virendra
- Posts: 36
- Joined: Mon May 28, 2012 5:54 pm
- First Name: Virendra
- Last Name: Singh
- Organization: Yes Bank Ltd
- Filter: Two Plus Two =: 4
- Location: India
Good One!!!!
good one!! ![Applause :ymapplause:](./images/smilies/41.gif)
![Applause :ymapplause:](./images/smilies/41.gif)