Beneficiary Name Differ

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ucp800
Posts: 140
Joined: Tue Aug 11, 2009 8:56 pm
First Name: LEUNG
Last Name: KING SANG
Organization: WACHOVIA BANK N.A.
Filter: Two Plus Two =: 4

Beneficiary Name Differ

Post by ucp800 » Thu Jul 15, 2010 11:21 am

Dear Expert,

May I ask for your opinion of the following :


L/C :

BENEFICIARY: P.T. Y AND T FORTUNE INTERNATIONAL LTD.

(ADDRESS AT INDONESIA.)


FULL SET CLEAN ON BOARD B/L ISSUED TO ORDER BLANK ENDORSED



DOCUMENTS PRESENTED AS FOLLOWS :

LETTERHEAD OF INVOICE, PACKING LIST, BENEFICIARY CERT.

SHOWING P.T. Y AND T FORTUNE INTERNATIONAL LTD.



DOCUMENTS AT THE COLUMN OF SIGNATURE PRINTED :

P.T. Y AND T FORTUNE INTERNATIONAL LTD.


AND BEARING COMPANY CHOP WITH MANUALLY SIGNATURE SHOWING :
AS FOLLOW :

QUOTE
COMPANY CHOP: Y AND T FORTUNE INTERNATIONAL LTD.
(MANUALLY SIGNED)

UNQUOTE



B/L SHIPPER SHOWING : P.T. Y AND T FORTUNE INTERNATIONAL LTD.
BUT B/L ENDORSED BY

QUOTE

COMPANY CHOP: Y AND T FORTUNE INTERNATIONAL LTD.
WITH MANUALLY SIGNATURE

UNQUOTE

DISCREPANCY CITED:


1. B/L ENDORSED BY
Y AND T FORTUNE INTERNATIONAL LTD.
INSTEAD OF SHIPPER: P.T. Y AND T FORTUNE INTERNATIONAL LTD.



2. DOCUMENTS BEARING COMPANY CHOP: Y AND T FORTUNE
INTERNATIONAL LTD. DIFFER FROM BENEFICIARY’S NAME
P.T. Y AND T FORTUNE INTERNATIONAL LTD.


Please comment whether discrepancies are valid or not.


Thank you for your assistance.

Regards,
ucp800

User avatar
picant
Posts: 2026
Joined: Wed Aug 20, 2008 1:49 pm

may help

Post by picant » Thu Jul 15, 2010 9:50 pm

Hi Pals,

I advise you to read Official Opinion TA692rev concerning the use of the english LTD and the local OOO, being the same meanings.
If PT means LTD in indonesia.

Good luck

Ciao

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