Page 1 of 1
Certificate Origin Shows Part No 12o Instead Of 120
Posted: Wed Jul 02, 2014 6:31 am
by TradeLaporte
Dear Members
Will you call discrepancy a certificate of origin showing goods description part number as 12o instead of 120
LC confirm
Your comments appreciated ot
Not valid discrepancy
Posted: Wed Jul 02, 2014 10:56 am
by Anurag
This discrepancy is not valid,There are number of ICC official banking commission opinion are available such as insert of “0” additional or type “o” (Alphabet) instead of “0” (Numerical number) or vessel name typo error should not be considered as discrepancy.
other comments are appreciated.
Brgds
discrepancy
Posted: Wed Jul 02, 2014 3:56 pm
by ShikhaAggarwal
Hello,
As per ISBP para no A23) its a clear discrepancy any spelling mistake which is not changing the meaning of a line is acceptable but goods description part number as 12o instead of 120 is conflict of data under sub article 14 (d).
Any other comments appreciated.
Regards
Shikha Aggarwal
not to take risk...
Posted: Wed Jul 02, 2014 8:53 pm
by Navi
If I receive such a document as issuing bank, I do not raise discrepancy as I know it is a typing error and convince my customer.
But if I check documents as confirming bank I do not want to risk payment and request beneficiary to correct it.
Best Approach
Posted: Fri Jul 04, 2014 5:33 pm
by gegeeee
100% agree with Navi.
Best,
Gega