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Name: Syed
Murtuza
DEAR SIRS,
LC ISSUED SUBJECT TO UCP-600, STIPULATES UNDER ADDITIONAL CONDITIONS THAT
THE "FREIGHT FORWARDER'S BILL OF LADING NOT ACCEPTABLE".
THE BILL OF LADING WAS ISSUED BY "ABC SHIPPING AND FREIGHT FORWARDING AGENCY
CO." ON THEIR ORIGINAL LETTER HEAD AND SIGNED AS AGENTS FOR THE CARRIER
"PANAMA LINES".
THE PRESENTATION WAS MADE TO THE ISSUING BANK WHO REJECTED THE DOCUMENTS
STATING THAT "THE FREIGHT FORWARDER'S B/L" PRESENTED.
PLEASE LET HAVE YOUR OPINION ON THIS MATTER, WHETHER THE OPENING BANK IS
CORRECT IN REJECTING THE DOCUMENTS.
AS FAR AS UCP -600 IS CONCERN, WE CAN ACCEPT THE B/L IF IT IS SIGNED IN
CORRECT CAPACITY I.E. ABC SHIPPING AND FREIGHT FORWARDING AGENCY CO." AS
AGENTS FOR THE CARRIER "PANAMA LINES" IRRESPECTIVE OF THEIR LETTER HEADS.
MEANWHILE, PLEASE LET US
HAVE YOUR OPINION ON THIS ISSUE AS WELL THAT
A.
IF THE "ABC SHIPPING AND FREIGHT FORWARDING AGENCY CO" SIGNED THE B/L ISSUED
ON THEIR LETTER HEAD "AS CARRIER" DOES THIS STILL TREATED AS FREIGHT
FORWARDER'S B/L.
B.
WHAT ACTUALLY MEAN BY "FREIGHT FORWARDER'S BILL OF LADING NOT ACCEPTABLE".
SHOULD THE B/L BE ISSUED ON THE CARRIER'S ORIGINAL LETTER HEAD OR NOT.
I SHALL BE GRATEFUL FOR YOUR RESPONSE.
THANKING YOU IN ADVANCE.
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