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DOCDEX Decision No. 229

Posted: Tue Dec 30, 2008 9:56 pm
by shahriar
Dear Friends,
please consider DOCDEX Decision No. 229 which shows
LC requires

(v) Beneficiary's certificate certifying that original mill's test certificate, one original certificate of origin issued by the Chamber of Commerce and Industry of Country A, and one set of non-negotiable documents have been sent to the applicant by DHL within five working days from B/L date. Such a courier copy shall be presented for negotiation.
Analysis

2. It is the unanimous decision of the Panel that the Respondent was not entitled to refuse the beneficiary's certificate on the ground that "beneficiary's certificate's issue date of August 15th 2001 is different from the dispatch date August 16th 2001 on courier's receipt copy". The L/C required this document to certify that " ... documents have been sent to the applicant by DHL within 5 working days from the B/L date. Such a courier copy shall be presented for negotiation." While the tense of the sentence - i.e., "have been sent" - suggests the certificate to be dated after sending the documents, the August 15th dating on the certificate and the DHL courier copy, indicating dispatch on August 16th satisfy the requirement in the L/C because the B/L date was 15th August.
i would like to hear your opinion on this case

ISBP 681 PARAGRAPH 13

Posted: Wed Dec 31, 2008 1:50 pm
by loankim
Hi Shahriar,
According to spirit of ISBP 681 paragraph 13, drafts, transport docs and insurance docs must be dated and whether orther docs require dating will depend on the nature and content of the doc in question.
If Ben's cert isn't dated the issuing bank can't treat it as a discrepancy
From LC's requirement for Ben's cert.,there are 2 things that the document checker will pay attention to:
+ This Cert. will be issued by Ben, and
+ This cert. has to certify the statement as LC stated
That statement will bind the Ben's obligation in practice and will be the evidence to claim in bad situations.
You should treat dates on Ben's cert. is a date of preparation than the ground relate to dates on courier receipt to refuse.
.
Hoping have more comments !