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Question: |
Name: Meadow
Dear sirs,
We issued an
L/C stating as follows:
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2/3 set of
Original shipped on board B/L made out to order of the issuing bank
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Ben's cert
certifying that 1/3 Original B/L has been sent directly to the applicant
by DHL within 05 working days after shipment date
A full set
(3/3) B/L was sent to us, that means no original B/L had been sent to the
applicant though Ben's cert certified exactly as L/C required.
Is this a discrepancy and should we accept B/L as presented?
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Answer
(from Kim Christensen) |
ISBP (2007) paragraph 31 reads:
Where an original would not be accepted in lieu of a copy, the credit
must
prohibit an oiginal, e.g., "photocopy of invoice - original document not
acceptable in lieu of photocopy", or the like. Where a credit calls for a
copy of a transport document and indicates the disposal instructions for the
original of that transport document, an original transport document will not
be acceptable.
I think the last part answers your question clearly.
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