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Amendment goods description but missed one document

Posted: Tue Mar 30, 2021 9:28 pm
by TradeLaporte
Amendment changes goods description and in one of the documents required did not change the description of goods.

Documents presented in accordance with amendment , Issuing bank indicates that one of the documents is not showing description of goods as per the lc old requirement , will you consider discrepancy valid?

Thanks for your comments

Re: Amendment goods description but missed one document

Posted: Tue Mar 30, 2021 10:20 pm
by picant
Hi Pal,

IMHO, it depends on the description, as per art 14 e), except the invoice, goods may be stated in generic terms not conflicting with their description in the credit, and in the rest of documents.
Other comments appreciated
Ciao

Re: Amendment goods description but missed one document

Posted: Tue Mar 30, 2021 10:34 pm
by TradeLaporte
Thank you Pican for your valuable comments

Re: Amendment goods description but missed one document

Posted: Tue Mar 30, 2021 10:37 pm
by TradeLaporte
Also Have you ever come across a House Bill of Lading , this Lc required full set of ocean Bl ... IMO I think this house bl is not issue by ocean liner and is not compliant w lc