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bill of lading condition

Posted: Sat Jul 04, 2020 11:28 pm
by samira
Hi all,

could you please help me to understand the below condition indicated on field 47A of the MT700:

RATED OBL REQUIRED TO THE BILL OF LADING UNDER DOCUMENTS
REQUIRED.


Many thanks for your fast reply.

Samira.

Re: bill of lading condition

Posted: Fri Jul 10, 2020 4:50 pm
by picant
Hi Pal,

a part it is better to ask the issuing bank about such clause, but being no native speaker it seems to me that the issuing bank wants a qualified issuer of Ocean Bill of Lading, that as per art 3 UCP 600 has no
meaning.
Let me know.
Ciao