Signatory On Truckers Bill of Lading As Agent

The forum is dedicated to all who deals with LCs. Please share your experiences, problems and opinions with us. You are requested to be confined to LC related issues only. Let us together discover the beauty of Letter of Credit. Thank and regards – admin; besttradesolution.com
Post Reply
Finance
Posts: 62
Joined: Tue Jan 29, 2013 12:04 am
First Name: Finance
Last Name: Finance
Organization: Finance
Filter: Two Plus Two =: 4
Location: USA

Signatory On Truckers Bill of Lading As Agent

Post by Finance » Tue Oct 08, 2013 9:29 pm

We issued a letter of credit requiring a truckers bill of lading. (TBOL)

TBOL was submitted stating Delivering Carrier - XXX Maritime Transport Lines

TBOL is signed for and on behalf of XXX Maritime (Beijing) Co. Ltd As agents.

- I think this is a discrepancy since the signatory did not state as agents for whom.

Any additional thoughts?

Finance

abrar
Posts: 984
Joined: Mon Oct 25, 2010 11:52 am
First Name: Abrar
Last Name: Ahmed
Organization: Crown Agents
Filter: Two Plus Two =: 4

Signing capacity

Post by abrar » Tue Oct 08, 2013 11:45 pm

Strictly speaking, the Agent should clearly indicate on whose behalf it is acting as agents. However, depending on the location of the signature it might be construed that it is evident that the agent is acting for no other than the party identified as the carrier.

ryanbrandon
Posts: 2
Joined: Thu Mar 08, 2018 7:06 pm
First Name: Ryan
Last Name: Brandon
Organization: Trucking
Filter: Two Plus Two =: 4
Location: Wayland, Michigan
Contact:

Re: Signatory On Truckers Bill of Lading As Agent

Post by ryanbrandon » Thu Mar 08, 2018 7:18 pm

Truckers bill of lading is a paper used in local and international trade globally. It is a receiving problem by the truck once the goods have been loaded onto the container.

Fajar
Posts: 28
Joined: Tue Jul 11, 2017 8:38 am
First Name: Fajar
Last Name: Manggala
Organization: Bank Sinarmas
Filter: Two Plus Two =: 4
Location: jakarta

Re: Signatory On Truckers Bill of Lading As Agent

Post by Fajar » Wed Mar 14, 2018 1:07 pm

it is a discrepancy.

Refer to UCP article 24 a
A road, rail or inland waterway transport document, however named, must appear to:

i. indicate the name of the carrier and:

. be signed by the carrier or a named agent for or on behalf of the carrier, or

. indicate receipt of the goods by signature, stamp or notation by the carrier or a named agent for or on behalf of the carrier.

Post Reply