Best Trade Solution

Dear Experts
Solicit opinion regarding following situations:

LC APPLICANT-ABC,USA
BENEFICIARY-XYZ, HONG KONG
LOADING PORT-CHINA
DISCHARGE PORT-CHITTAGONG
ISSUING BANK-PQR IN USA
PARTY-XXX IN BANGLADESH REQUESTING BANK-A IN CHITTAGONG TO ENDORSE THE SHIPPING DOCUMENTS TO TAKE
DELIVERY OF GOODS.
+++++++++++++++++++++++++++++
QUESTION:
IS IT POSSIBLE, IF SO HOW (MECHANISM)?
WHAT IS THE LIABILITY OF DOCUMENTS ENDORSING BANK?

Rgds
imkhurshed

Hi Pal,

Wolfsberg Group elaborated a serie of controlls for Compliance, so where it is possible from UCP point of view it could be prohibited by laws, sanctions etc., However the bank in Chittagong shuold be ready to
endorse bill of lading....
Other comments appreciated
Ciao

Hello,

As per your below,there is no bank involved from Bangladesh so no question arise for endorsing the shipping documents by Bangladeshi Bank.

Moreover, the LC opened from USA to Chinese supplier, so the following must show in Invoice, PL & COO.
Sold to ... USA client
Ship to.... Bangladesh (must specify client's name)

But, B/L must show 'Notify Party' to Bangladesh

This is call 'Cross Trade Business'

Hope above is clear.
Regards,
Ayub