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LC reads invoice cpt value

Posted: Thu May 30, 2019 6:34 pm
by TradeLaporte
Dear members
I have a case confirm lc requiring invoice:
LC reads invoice cpt value

Invoice presente with CPT - border export country

Should we consider a discrepancy ? Should the cpt term also indicate place of the applicant?

Your valuable comments always appreciated
Thanks

LC reads invoice cpt value

Posted: Fri May 31, 2019 10:32 pm
by dinesh2476
Dear ,

CPT is defined for CROSS BORDER trade. Place should not be beneficiary country. we need to contact IB for clarification as it might have been mistake at their end.

CPT- destination can be applicant place, no issue in that.

Thanks & Regards
Dinesh Kumar

Re: LC reads invoice cpt value

Posted: Sat Jun 01, 2019 6:50 am
by TradeLaporte
Thanks for your valuable opinion