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Transport Document Shows Port Of Loading I/O Place Of Receip
Posted: Sat Jun 07, 2008 6:01 pm
by Md.zakir Hossen
A Doc.Credit has the following requirments:
SWIFT Field 44A:Place of Receipt:Hongkong
SWIFT Field 44B:Place of Delivery:Chittagong Sea port
Full set of Multimodal Transport document consigned to order of the applicant .
Document presented as follows:
Negotiable FIATA Multimodal transport Bill of Lading.
Port of Loading: Hongkong
Port of discharge: Chittagong Sea Port
Shipped on Board MV ShahJalal
at Hongkong
06 June, 2008
Is this acceptable?
Re: Port of loading VS Place of receipt.
Posted: Sat Jun 07, 2008 7:03 pm
by Mehdi
The situation arises due to pre printed wording in the document issued by the MTO. In such a case, the issue is acceptable as per article 19(a)(ii).
Regards........mehdi
Re: Port of loading VS Place of receipt.
Posted: Sat Jun 07, 2008 9:26 pm
by shahriar
dear zakir,
ucp article 19a
iii. indicate the place of dispatch, taking in charge or shipment, and the place of final destination stated in the credit, even if.
a) the transport document states, in addition, a different place of dispatch, taking In charge or shipment or place of final destination, or
b) the transport document contains the indication "intended" or similar qualification in relation to the vessel, port of loading or port of discharge.
therefore apparently it seems acceptable. but, a big but -
isbp
68. If a credit requires presentation of a transport document covering transportation utilizing at least two modes of transport (multimodal or combined transport document), and if the transport document clearly shows that it covers a shipment from the place of taking in charge or port, airport or place of loading to the place of final destination mentioned in the credit, UCP 600 article 19 is applicable. In such circumstances, the transport document must not indicate that shipment or dispatch has been effected by only one mode of transport, but it may be silent regarding the modes of transport utilized.
in your case the BL indicates that its a port to port BL and only one mode of transport is used. infact it should be since hongkong and ctg both are sea ports. i think the lc is wrongly written.
nevertheless, its a discrepancy; unfortunately.