L/C Calls For A Bill Of Landing Issued To The Order Of Issuing Bank
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- First Name: Jia-Hsin
- Last Name: Huang
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L/C Calls For A Bill Of Landing Issued To The Order Of Issuing Bank
.If a L/C calls for a bill of landing issued to the order of issuing bank. The presented BL shows that it was made out to the order of shipper and endorsed to the order or issuing bank. Is it acceptable or a discrepancy?
- picant
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- Joined: Wed Aug 20, 2008 1:49 pm
Acceptable
Hi Pal,
so endorsed is in effect to the order of issuing bank,
Other comments appreciated
Ciao
so endorsed is in effect to the order of issuing bank,
Other comments appreciated
Ciao
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- Posts: 10
- Joined: Sun Sep 13, 2015 7:17 pm
- First Name: Jia-Hsin
- Last Name: Huang
- Organization: bank
- Filter: Two Plus Two =: 4
- Location: taiwan
hi picant
if as you say, the question :
A credit issued by Bank Iris, USA requires the B/L to be issued to the order of the issuing bank. Which of the following is acceptable?
I. B/L consigned to the order of Bank iris, USA
II. B/L consigned to Bank Iris, USA
III. B/L consigned to the order of shipper and endorsed by the shipper to the order of issuing bank
IV. B/L consigned to order and endorsed.
III. is acceptable?
if as you say, the question :
A credit issued by Bank Iris, USA requires the B/L to be issued to the order of the issuing bank. Which of the following is acceptable?
I. B/L consigned to the order of Bank iris, USA
II. B/L consigned to Bank Iris, USA
III. B/L consigned to the order of shipper and endorsed by the shipper to the order of issuing bank
IV. B/L consigned to order and endorsed.
III. is acceptable?