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Field 47A

Posted: Thu Jun 03, 2010 2:24 pm
by missy
Hi i have this additional condition in my LC.

"ALL DOCS MUST BE ISSUED IN ENGLISH, HAD TITLE AS L/C REQUIRED AND DATED"

The bold meaning what? Does that means docs must bear LC number and dated as per LC date right?

All the documents must be in english

Posted: Fri Jun 04, 2010 1:57 pm
by Phani Krishna
hi,

ALL DOCS MUST BE ISSUED IN ENGLISH, HAD TITLE AS L/C REQUIRED AND DATED"

it mean that all the documents should be issued in english language only by the beneficiary
for example applicant and beneficiary will be from bifferent locations of the world in international trade, beneficiary's country may be china, so if benieficiary issues a document in his language then applicant and any of the bank who makes a comply presentation
then it will be deficult to examine.
documents can be issued in any language and followed by english language is acceptable and all the document must be dated

to Phani Krishna

Posted: Fri Jun 04, 2010 8:52 pm
by missy
Hi thanks so much. So i am right. Docs must be in english, indicate LC and must be dated thks :)

something else

Posted: Fri Jun 04, 2010 10:30 pm
by shahriar
missy wrote:Hi i have this additional condition in my LC.

"ALL DOCS MUST BE ISSUED IN ENGLISH, HAD TITLE AS L/C REQUIRED AND DATED"

The bold meaning what? Does that means docs must bear LC number and dated as per LC date right?
apart from the document in english requirement, i noticed a separate requirement; viz title as required in the LC. i dont think it has anything to do with the LC number. rather to me it says that all documents must be titled exactly the same way they are asked in the LC. that is if LC calls for a packing list; a document titled weight note wont do.

other comment appreciated.

All doc must be in english and .........

Posted: Sat Jun 05, 2010 10:57 am
by mahmudur rahman
Hi I am Mahmudur Rahman , New CDCS passed 2010

My opinion is the Doc to be in English and all documents must be titled exactly the same way they are asked in the Credit i.e if Credit calls for a Commercial Invoice , document titled should be exactly Commercial Invoice .

Groping in dark

Posted: Sat Jun 05, 2010 12:14 pm
by S.Khalili
Why not seek a clarification instead of self made enterpretations, pls. which if at the end of the day proves wrong would render the docs descrepant.

S.Khalili

got it

Posted: Tue Jun 08, 2010 9:01 pm
by missy
hi shahriar & mahmudur rahman
both u of are right. docs must be titled exactly the way LC calls for. If commercial invoice is call for i need to titled it as commercial invoice and not others. Thanks

Hi mahmudur rahman, thanks for your help and congrats u on being a CDCS 2010!