Dear all experts,
Please help to clarify this art. For exampl:
L/c stipulates quantity is 12 mts, amount: usd120,000, anh tolerance in amount and quantity: more or plus 3pct. In this case, can i apply the art 30b (plus or more 5% in quantity) . Thank you so much!
Is UCP600 Article 30B Applicable When Tolerance Is Specified?
-
- Posts: 27
- Joined: Thu Sep 15, 2016 8:42 pm
- First Name: thanh
- Last Name: thanh
- Organization: dt co.,ltd
- Filter: Two Plus Two =: 4
- Location: VN
-
- Posts: 27
- Joined: Thu Sep 15, 2016 8:42 pm
- First Name: thanh
- Last Name: thanh
- Organization: dt co.,ltd
- Filter: Two Plus Two =: 4
- Location: VN
Hi ,
I also think that the tolerance 30b can not apply when l/c stipultes the specific tolerance. However, this art does not explicitly states as art 30c (30c can not apply when l/c has tolerance or has the word "about). Therefore, if there is disputes between two banks, how can we prove the right one?
I also think that the tolerance 30b can not apply when l/c stipultes the specific tolerance. However, this art does not explicitly states as art 30c (30c can not apply when l/c has tolerance or has the word "about). Therefore, if there is disputes between two banks, how can we prove the right one?