Dear Pals,
I am working on an export side, previously I was working with different forwarder whose providing me OBL (Original Bill of Lading) that was ok with the L/C conditions.
Now I have connected with another forwarder who will provide me HBL (House Bill of Lading).
My concern is that my every L/Cs states below mentioned clauses for BL, so HBL is ok with the below-mentioned clauses or should I ask for OBL instead of HBL. Please suggest I am confused.
L/C Clauses:
Example 1) 3/3 ORIGINAL SHIPPED ON BOARD FREIGHT PREPAID BILLS OF LADING TO THE ORDER OF ABC BANK SHOWING BENEFICIARY AS SHIPPER AND THE NAME AND ADDRESS OF APPLICANT AS THE NOTIFY PARTY.
Example 2) FULL SET OF NOT LESS THAN TWO CLEAN ON-BOARD MARINE BILLS OF LADING MARKED FREIGHT PREPAID AND MADE OUT TO ORDER AND ENDORSED TO OUR ORDER, SHOWING NAME AND ADDRESS OF APPLICANT AS NOTIFYING PARTY.
SHORT FORM BILLS OF LADING ARE NOT ACCEPTABLE.
Example 3) FULL SET CLEAN ON BOARD MARINE BILLS OF LADING CONSIGNED TO THE ORDER OF ABC BANK. QUOTING OUR DOC CREDIT NO,MARKED FREIGHT PREPAID, NOTIFY: APPLICANT AS PER FIELD 50.
Example 4) FULL SET OF SHIPPED ON BOARD BILL OF LADING MARKED FREIGHT PREPAID ISSUED TO THE ORDER OF ABC BANK. NOTIFY APPLICANT.
Example 5) FULL SET OF CLEAN ON BOARD MARINE BILLS OF LADING MADE OUT TO THE ORDER OF ABC BANK MARKED 'FREIGHT PREPAID' NOTIFY: APPLICANT.
Example 6) FULL SET OF (3/3) SHIPPED ON BOARD ORIGINAL BILLS OF LADING PLUS 02 NON NEGOTIABLE COPIES ISSUED TO THE ORDER OF ABC BANK, MARKED 'FREIGHT PREPAID' NOTIFY APPLICANT INDICATING NAME AND ADDRESS OF SHIPPING AGENT IN SRI LANKA.
Sorry for the above Clauses
Thanks in Advance
Doc Crdt Noobie
HBL (House Bill of Lading) for LC Instead of OBL (Original Bill of Lading)
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A part redundancy....
HI pal,
House Bill of lading may be signed by a forwarder without stating as carrier or as agent of the carrier.
If a forwarder signs an however named documents stating as carrier or agent of the carrier and quoting
carrier's name, we are in presence of an acceptable documents as per art 20 UCP 600.
Other comments appreciated
Ciao
House Bill of lading may be signed by a forwarder without stating as carrier or as agent of the carrier.
If a forwarder signs an however named documents stating as carrier or agent of the carrier and quoting
carrier's name, we are in presence of an acceptable documents as per art 20 UCP 600.
Other comments appreciated
Ciao