Wrong Presentation
Posted: Thu Sep 20, 2018 11:30 am
Dear Concer,
Few days back my client endorsed a set of copy documentsagainst his import LC to release goods. The invoice value was $ 4000.00 and LC value was $ 25000.00 and it was Partiallyshipment allowed.
However, after few days the presenting bank sen us original documents which BL, Packagingng List and Invoice were madw for $25000.00!
The document was near to clean and we provide them discrepancie.
In this case do we need to pay them? Can we ask them original document for $4000.00?
Please give me a detail suggestio.
Regards,
Fuyad
Few days back my client endorsed a set of copy documentsagainst his import LC to release goods. The invoice value was $ 4000.00 and LC value was $ 25000.00 and it was Partiallyshipment allowed.
However, after few days the presenting bank sen us original documents which BL, Packagingng List and Invoice were madw for $25000.00!
The document was near to clean and we provide them discrepancie.
In this case do we need to pay them? Can we ask them original document for $4000.00?
Please give me a detail suggestio.
Regards,
Fuyad