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Beneficiary's address omitting country
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Posted in DC-Pro on Jun 13, 2001 at 1:30:21 AM
To answer the query from Mr. Gauntlett, the document examiner has to use simple common sense in determination of discrepancies.
We would like to give some examples here to illustrate what we mean.
An LC covers a purchase of crude oil for shipment by charter party BL from London, England to New York, USA. The beneficiary's address in the invoice has omitted "England". The charter party BL shows only port of loading as "London" (omitting "England") and the chartered vessel is a ULCC (Ultra Large Crude Carrier) named "Hercules ULCC No. 1". Simple common sense tells us that it is not possible for a ULCC to navigate to or from the other "London" in Canada, which is a small town near Toronto along a small inland waterway connected to Lake St. Clair between Lake Erie and Lake Huron. Hence the "London" on the charter party BL must be ...
Posted in DC-Pro on Jun 6, 2001 at 11:12:02 AM
We have London near Toronto as well.
If you look at the map, you would find many places with identical names. So without naming the country, it is difficult to ascertain whether the "right" place is named.
For example we have Vancouver in Canada as well as in USA, and these two Vancouvers are quite near, all at the west side of North America.
To name more examples, we have ...
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