SHIPPER OR CONSIGNOR AS APPLICANT ON TRANSPORT DOCUMENT

[murteza]

Dear DC Experts,

Here is my question to all for your views and comments-

Can a B/L, AWB, Truckway Bill, etc show the shipper or consignor as ''The Applicant '' of the credit?
.
Best regards

[picant]

Hi Pal,

art 14 k UCP 600 and ISBP 681 point 21 c, are clear. I dont know if such possibility will involve problems not included and regulated by UCP Terms.
Other comments appreciated

[nesarul]

dear all, i assume that ur l/c is not transferable one. Then as we know the contract of carriage has got two salient party i.e.shipper(beneficiary,supplier,manufacturer etc .) and carrier. What will happen if the shipper column has been filled up with the name of applicant.!!!! it seems to be that the applicant shpped the goods to the issuing bank or applicant. (assume that consignee is either applicant or issuing bank) that means its irrelevent...... moreover as per as endorsement is concerned........!!!! Its peculier, either endorse to issuing bank then to applicant or applicant supply the gosds to the applicant him/herself. So despite there is article 14k, isbp 21c, ....its practically impossible..... Regards nesar

[sunny]

I've seen such forms of involvement whereby the applicant issue the letter of credit in favor of the manufacturer but wants other third party buying the goods unaware of manufacturer . I am sure that consignee is either TO ORDER or Notify party is that final buyer