Can a B/L show a third party as shipper if the LC states 'third party documents NOT allowed'.
I refer to Art. 14k of UCP 600: The shipper or consignor of the goods indicated on any document need not be the beneficiary of the credit.
I also refer to Art 21c of ISBP: "third party documents acceptable" - all documents, excluding drafts but including invoices, may be issued by a party other than the beneficiary. If it is the intention of the issuing bank that the transport or other documents may show a shipper other than the beneficiary, the clause is not necessary because it is already permitted by sub-article 14(k).
Please comment and if possible please refer to offical comments.
third party documents not allowed
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Third party documents not allowed.
In my humble opinion if the credit is subject to UCP-600, article 14k will have an overriding effect and third party BL will be acceptable.
Disclaimer:
The above represents my personal view. The reply given is not to be construed as being other than solely for the benefit of guidance, proliferation and exchange of knowledge. There should be no legal imputation associated with the reply offered.
Disclaimer:
The above represents my personal view. The reply given is not to be construed as being other than solely for the benefit of guidance, proliferation and exchange of knowledge. There should be no legal imputation associated with the reply offered.