Do this clause really neccessary to put in LC??

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aom71
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Do this clause really neccessary to put in LC??

Post by aom71 » Tue Apr 25, 2017 11:03 am

Hello everyone,

May I ask if below clauses are really necessary to put in LC? In my view even we don't show these clauses there's no discrepancies anyway. Thanks.


- Documents showing shipper without full address acceptable

- Documents showing one or more third party (ies) as shipper(s) and/or exporter(s) acceptable.

- Commercial Invoice to indicate FOB value and freight charges

- Inconsistent shipper and/ or consignee and/ or notify party on documents from B/L acceptable

- Additional information on document is acceptable.

- B/L not showing telephone or fax number of notifying party acceptable

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picant
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Ehm......

Post by picant » Tue Apr 25, 2017 6:32 pm

hi Pal,

IMHO,
-3 is ok
-4 consignee in bill of lading could be risky
-6 see art 14 j

Other comments appreciated
Ciao

aom71
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Post by aom71 » Wed Apr 26, 2017 6:41 am

Thank you for your comments and how about 1,2 and 5? If we don't add those clause will be ok if

1.we have many shipper and
2. BL don't show shipper's address?

aom71
Posts: 4
Joined: Tue Apr 25, 2017 10:57 am
First Name: Sarayont
Last Name: S
Organization: SME company
Filter: Two Plus Two =: 4
Location: Bangkok

Post by aom71 » Wed Apr 26, 2017 6:52 am

One more thing refer to Article 14j "However,
when the address and contact details of the applicant appear as part of the consignee or notify party details
on a transport document subject to articles 19, 20, 21, 22, 23, 24 or 25, they must be as stated in the
credit."

So my understanding is if letter of credit show tel and fax no. of applicant then we need to show tel and fax no. of applicant in notify party of BL if we don't put the clause "B/L not showing telephone or fax number of notifying party acceptable" ?

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