our privet bank has been informed by the local gov central bank when issuing a L/C to instruct the beneficiary to provide the follwing print on all boxes containg its item:
(confirm that applicant's name , L/CREDITS, product components , their production date which have to be recent, and actual expiry date must be labeled on all carton-boxes containing the items')
my question is on which field to add this clause when issuing the letter of credit on MT 700
thanks
Information To Instruct The Advising Bank
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- picant
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Field 46
Hi Pal,
I think that the only document that you can require, in field 46, is:
-Beneficiary declaration that all carton-boxes, containing the items, have been labelled with applicant's name, l/credits no. product components, their production date and expiry date(min. 3 mths, 1 years fm date od shipment......).
considering art 34 UCP 600 too.
If necessary an independent agency or a carrier agent may issue a similar declaration to enforce it.
Other comments appreciated. Ciao
I think that the only document that you can require, in field 46, is:
-Beneficiary declaration that all carton-boxes, containing the items, have been labelled with applicant's name, l/credits no. product components, their production date and expiry date(min. 3 mths, 1 years fm date od shipment......).
considering art 34 UCP 600 too.
If necessary an independent agency or a carrier agent may issue a similar declaration to enforce it.
Other comments appreciated. Ciao
-
- Posts: 6
- Joined: Thu Aug 17, 2017 1:44 pm
- First Name: mode
- Last Name: user
- Organization: banking
- Filter: Two Plus Two =: 4
- Location: libya