Consigned To Vs Endorsed Over

Siddique · Post by **Siddique** » Mon Apr 13, 2015 7:53 pm

Would it be a discrepancy if a L/C calls for a B/L to be consigned to the order of bank ABC but a B/L is presented consigned to order of bank XYZ and bank XYZ endorse the B/L over to bank ABC

gegeeee · Post by **gegeeee** » Tue Apr 14, 2015 1:19 pm

IMHO it ıs not a dıscrepancy as ıt serves the same result.

Gega

dinesh2476 · Post by **dinesh2476** » Sun Apr 19, 2015 11:17 pm

Dear All,

It is discrepancy. BL must show consignee as specified in the LC.

The below mentioned case, does not give the oppertunity bank for ABC bank to endorse it further.

Regards
Dinesh Kumar

shady · Post by **shady** » Tue Apr 21, 2015 6:53 am

dear all,
it Is not a discrepancy,Regulations in certain countries require that
bills of lading be issued to the order of the nominated bank and to be duly
endorsed to the issuing bank.

regards

gegeeee · Post by **gegeeee** » Tue Apr 21, 2015 4:26 pm

100% agree on shady. +1

Consigned To Vs Endorsed Over

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