Best Trade Solution

My LC calls three original invoice and packing list. there presented document has invoice on side of the page and packing list on the other side. total three. what kind of economy is this? by the way, is it acceptable?

mitra

If the wording of your LC is exactly as you quoted :

jmitra wrote:three original invoice and packing list

then the documents are acceptable. See ISBP art.42.
In case your LC states: Documents required:
1. Invoice
2. packing list
then in view of the same article presentation is discrepant.
The issuing bank and ultimately the applicant bears the risk of ambiguity in the instructions transmitted.
best regards
Cristian

in my opinion, the document is discrepant even though they are written as one. ambiguous... i don't think so. it does not require much to understand that invoice and packing list has very different purpose.

regd

shahriar

Dear Shahriar
have you read See ISBP art.42?
regards
cristian

whats in ISBP 42? ISBP paragraph 42 reads

42. Documents listed in a credit should be presented as separate documents. If a credit requires a packing list and a weight list, such requirement will be satisfied by presentation of two separate documents, or by presentation of two original copies of a combined packing and weight list, provided such document states both packing and weight details.

if we consider the original post from mitra, at least six copies of that "invoice in back of packing list" must be presented. but here only three is presented. the only way is to accept the document is to prove that invoice and packing list has been asked as a same document. now this is a common sense issue.

i agree with shahriar that invoice and packing lish has different purposes. for example, the importer will store the goods in an warehouse and does not want the warehouse keeper to know the price. so he will only give him the packing list.

this is of course not a typical example. i have seen cases where invoice and packing lists are exactly the same. that is invoice includes the packing details. in that case six copies of that document will do though that will not serve the purpose of the applicant.

please tell me one thing. since title of a document is not important and the presented six copies of "invoice+packing list" has no title, how to identify which one is what?