FOREWORD       
7n3Y1l9p/q-h0q5n[A Professional Business Forum]INTRODUCTION        [A Professional Business Forum]3]4X%X ? a'G#u7y
ARTICLE 1 APPLICATION OF UCP       
3r3v-W!e-s1Jbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 2 DEFINITIONS        FOB Business Forum${1B(L5c:L)G&c)v;d
ARTICLE 3 INTERPRETATIONS       
9E&_9P6O8[#~1q;Obusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 4 CREDITS V. CONTRACTS        FOB Business Forum4z:v6O2l:{#A7v6z
ARTICLE 5 DOCUMENTS V. GOODS, SERVICES OR PERFORMANCE        forum.fobshanghai.com:t4b2v-r;j$i6u5m
ARTICLE 6 AVAILABILITY, EXPIRY DATE AND PLACE FOR PRESENTATION       
$t.A0T&A6tbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 7 ISSUING BANK UNDERTAKING        FOB Business Forum,a9R#m!H3q1E-s1y0d
ARTICLE 8 CONFIRMING BANK UNDERTAKING        ,V k8r6b$u3S)~
ARTICLE 9 ADVISING OF CREDITS AND AMENDMENTS        business forum,trade forum,business opportunity,Business China,Business India,Brazil business/N%})D%C'Y+|&]+s!P
ARTICLE 10 AMENDMENTS       
(K.t:]-T1X"UFOB Business ForumARTICLE 11 TELETRANSMITTED AND PRE-ADVISED CREDITS AND AMENDMENTS       
6c-F&@)b%C(K;Z-|9s2E[A Professional Business Forum]ARTICLE 12 NOMINATION       
$O1J5I(E5H0y0n6~FOB Business ForumARTICLE 13 BANK-TO-BANK REIMBURSEMENT ARRANGEMENTS        FOB Business Forum;d o*a9Z4q*q
ARTICLE 14 STANDARD FOR EXAMINATION OF DOCUMENTS        FOB Business Forum&H d9y S,?:g6~)k"o
ARTICLE 15 COMPLYING PRESENTATION        FOB Business Forum%z#j"C:M4~.d'@,o
ARTICLE 16 DISCREPANT DOCUMENTS, WAIVER AND NOTICE        [A Professional Business Forum]'b7A*s N'g
ARTICLE 17 ORIGINAL DOCUMENTS AND COPIES        [A Professional Business Forum]&P ^2u0J-o"g0G0K)?
ARTICLE 18 COMMERCIAL INVOICE       
.^,F3f(Z;z'x%p j)Dforum.fobshanghai.comARTICLE 19 TRANSPORT DOCUMENT COVERING AT LEAST TWO DIFFERENT MODES OF TRANSPORT       
(S%x-\4y3{*S'V0w#Cbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 20 BILL OF LADING       
%o7]'~'M.l+X6[.^'mARTICLE 21 NON-NEGOTIABLE SEA WAYBILL       
!A#P%O&}6t Q!T$Z)Xforum.fobshanghai.comARTICLE 22 CHARTER PARTY BILL OF LADING       
`/d g2l*^"O[A Professional Business Forum]ARTICLE 23 AIR TRANSPORT DOCUMENT       
#M-^2f-p(sbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 24 ROAD, RAIL OR INLAND WATERWAY TRANSPORT DOCUMENTS       
0N#w$d#A/~0U%i5C4@6sforum.fobshanghai.comARTICLE 25 COURIER RECEIPT, POST RECEIPT OR CERTIFICATE OF POSTING        business forum,trade forum,business opportunity,Business China,Business India,Brazil business2{%r*l2w$a-]1a
ARTICLE 26 "ON DECK", "SHIPPER'S LOAD AND COUNT", “SAID BY SHIPPER TO CONTAIN”AND CHARGES ADDITIONAL TO FREIGHT       
,g:K3G"P;l;r:b%};}%j9|forum.fobshanghai.comARTICLE 27 CLEAN TRANSPORT DOCUMENT        2G9C%e6J/t&J5J*V*]
ARTICLE 28 INSURANCE DOCUMENT AND COVERAGE       
-m%n0_'n+l2H$Y'pFOB Business ForumARTICLE 29 EXTENSION OF EXPIRY DATE OR LAST DAY FOR PRESENTATION        forum.fobshanghai.com8Z5i _&t;Q#R9b
ARTICLE 30 TOLERANCE IN CREDIT AMOUNT, QUANTITY AND UNIT PRICES       
!y!E!l%u$B$n[A Professional Business Forum]ARTICLE 31 PARTIAL DRAWINGS OR SHIPMENTS        FOB Business Forum)T6v!n7m"O7F5w!R
ARTICLE 32 INSTALMENT DRAWINGS OR SHIPMENTS        [A Professional Business Forum](^+L'^0[4^9F,X
ARTICLE 33 HOURS OF PRESENTATION       
*~3H&R5^'Q7V+U!Xbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 34 DISCLAIMER ON EFFECTIVENESS OF DOCUMENTS        FOB Business Forum5U,z2r-Y-x#m9m5^;F7U.x
ARTICLE 35 DISCLAIMER ON TRANSMISSION AND TRANSLATION       
6S.x4Q1{)i5}6H%W-BFOB Business ForumARTICLE 36 FORCE MAJEURE       
9P&A3F"[&h#O4\+_:e!JFOB Business ForumARTICLE 37 DISCLAIMER FOR ACTS OF AN INSTRUCTED PARTY       
.X4k-o.t"d5@#Z2["lbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 38 TRANSFERABLE CREDITS       
2Y1M3a0x$J)N-a%a[A Professional Business Forum]ARTICLE 39 ASSIGNMENT OF PROCEEDS       
3b$a6J'l5`*z:r[A Professional Business Forum]
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FOREWORD9w-b.M9K:E*N(_
This revision of the Uniform Customs and Practice for Documentary Credits (commonly called “UCP”) is the sixth revision of the rules since they were first promulgated in 1933.It is the fruit of more than three years of work by the International Chamber of Commerce’s (ICC) Commission on Banking Technique and Practice.forum.fobshanghai.com'@4?!W&^*w(h*x-l
ICC, which was established in 1919, had as its primary objective facilitating the flow of international trade at a time when nationalism and protectionism posed serious threats to the world trading system. It was in that spirit that the UCP were first introduced – to alleviate the confusion caused by individual countries’ promoting their own national rules on letter of credit practice. The objective, since attained, was to create a set of contractual rules that would establish uniformity in that practice, so that practitioners would not have to cope with a plethora of often conflicting national regulations. The universal acceptance of the UCP by practitioners in countries with widely divergent economic and judicial systems is a testament to the rules’ success.
9J,v+y3n1V"i)U9@/w'bforum.fobshanghai.comIt is important to recall that the UCP represent the work of a private international organization, not a governmental body. Since its inception, ICC has insisted on the central role of self-regulation in business practice. These rules, formulated entirely by experts in the private sector, have validated that approach. The UCP remain the most successful set of private rules for trade ever developed.
/Z8}"R)y3I4B;a3l0p9a:F9sA range of individuals and groups contributed to the current revision, which is entitled UCP 600. These include the UCP Drafting Group, which sifted through more than 5000 individual comments before arriving at this consensus text; the UCP Consulting Group,consisting of members from more than 25 countries, which served as the advisory body reacting to and proposing changes to the various drafts; the more than 400 members ofFOB Business Forum4N,Y5z+X6[
the ICC Commission on Banking Technique and Practice who made ertinent0l7N*R8W2y3~/k t
suggestions for changes in the text; and ICC national committees worldwide which took an active role in consolidating comments from their members. ICC also expresses its gratitude to practitioners in the transport and FOB Business Forum,J)]2v.`:M+b#Q
Insurance industries, whose perceptive suggestions honed the final draft.
&l0|*B4a0DGuy Sebban business forum,trade forum,business opportunity,Business China,Business India,Brazil business,` D6k0I;Q
Secretary General
)|;I#S+`4D3D8t-_ ^:Fbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessInternational Chamber of Commercebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business;A"`:X3V4i+B'S+~;o

7v:~3o*L2F;](Z-U5B0Jbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business===
:S6U4L6p8y-G2u9O2Jforum.fobshanghai.comFor your download: http://forum.fobshanghai.com/thr ... hink_of_UCP600.html
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2i5_.V-t8{$E'l+r D"o[ Last edited by mazy at 2008-3-4 22:16 ]

INTRODUCTION
+v.m(~2z;\;Y$j,S7X(w+i[A Professional Business Forum]In May 2003, the International Chamber of Commerce authorized the ICC Commission on Banking Technique and Practice (Banking Commission) to begin a revision of the Uniform Customs and Practice for Documentary Credits, ICC Publication 500.[A Professional Business Forum]2C.H!S!|)w
As with other revisions, the general objective was to address developments in the banking, transport and insurance industries. Additionally, there was a need to look at the language and style used in the UCP to remove wording that could lead to inconsistent application and interpretation.
9u5V0f#A8A-hbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessWhen work on the revision started, a number of global surveys indicated that, because of discrepancies, approximately 70% of documents presented under letters of credit were being rejected on first presentation. This obviously had, and continues to have, a negative effect on the letter of credit being seen as a means of payment and, if unchecked, could have serious implications for maintaining or increasing its market share as a recognized means of settlement in international trade. The introduction by banks of a discrepancy fee has highlighted the importance of this issue, especially when the underlying discrepancies have been found to be dubious or unsound. Whilst the number of cases involving litigation has not grown during the lifetime of UCP 500, the introduction of the ICC’s Documentary Credit Dispute Resolution Expertise Rules (DOCDEX) in October 1997 (subsequently revised in March 2002) has resulted in more than 60 cases being decided.4|,Q#f)@!O!k,a3C%w,Q.U
To address these and other concerns, the Banking Commission established a Drafting Group to revise UCP 500. It was also decided to create a second group, known as the Consulting Group, to review and advise on early drafts submitted by the Drafting Group.The Consulting Group, made up of over 40 individuals from 26 countries, consisted of banking and transport industry experts. Ably co-chaired by John Turnbull, Deputy General Manager, Sumitomo Mitsui Banking Corporation Europe Ltd, London and Carlo
7L6a-n+@.A;E6}6o3SDi Ninni, Adviser, Italian Bankers Association, Rome, the Consulting Group provided valuable input to the Drafting Group prior to release of draft texts to ICC national committees.The Drafting Group began the review process by analyzing the content of the official Opinions issued by the Banking Commission under UCP 500. Some 500 Opinions were reviewed to assess whether the issues involved warranted a change in, an addition to or a deletion of any UCP article. In addition, consideration was given to the content of thefour Position Papers issued by the Commission in September 1994, the two Decisions issued by the Commission (concerning the introduction of the euro and the determination of what constituted an original document under UCP 500 sub-article 20(b) and the decisions issued in DOCDEX cases. During the revision process, notice was taken of the considerable work that had been completed in creating the International Standard Banking Practice for the Examination of Documents under Documentary Credits (ISBP), ICC Publication 645. This publication
!C;_,i7k#B(\FOB Business Forumhas evolved into a necessary companion to the UCP for determining compliance of documents with the terms of letters of credit. It is the expectation of the Drafting Group and the Banking Commission that the application of the principles contained in the ISBP, including subsequent revisions thereof, will continue during the time UCP 600 is in force. At the time UCP 600 is implemented, there will be an updated version of the
.c5n-_"~;r;T9J[A Professional Business Forum]ISBP to bring its contents in line with the substance and style of the new rules. The four Position Papers issued in September 1994 were issued subject to their application under UCP 500; therefore, they will not be applicable under UCP 600. The essence of the Decision covering the determination of an original document has been incorporated into the text of UCP 600. The outcome of the DOCDEX cases were invariably based on existing ICC Banking Commission Opinions and therefore contained no specific issues that required addressing in these rules.One of the structural changes to the UCP is the introduction of articles covering definitions (article 2) and interpretations (article 3). In providing definitions of roles
%Q/A/A6t6d6` V1j8L4Dplayed by banks and the meaning of specific terms and events, UCP 600 avoids the necessity of repetitive text to explain their interpretation and application. Similarly, the article covering interpretations aims to take the ambiguity out of vague or unclear language that appears in letters of credit and to provide a definitive elucidation of other characteristics of the UCP or the credit.During the course of the last three years, ICC national committees were canvassed on a range of issues to determine their preferences on alternative texts submitted by the Drafting Group. The results of this exercise and the considerable input from national committees on individual items in the text is reflected in the content of UCP 600. The Drafting Group considered, not only the current practice relative to the documentary credit, but also tried to envisage the future evolution of that practice.This revision of the UCP represents the culmination of over three years of extensive analysis, review, debate and compromise amongst the various members of the Drafting Group, the members of the Banking Commission and the respective ICC national committees. Valuable comment has also been received from the ICC Commission on Transport and Logistics, the Commission on Commercial Law and Practice and the Committee on Insurance.It is not appropriate for this publication to provide an explanation as to why an article has been worded in such a way or what is intended by its incorporation into the rules.For those interested in understanding the rationale and interpretation of the articles of UCP 600, this information will be found in the Commentary to the rules, ICC Publication 601, which represents the Drafting Group’s views.On behalf of the Drafting Group I would like to extend our deep appreciation to the members of the Consulting Group, ICC national committees and members of the Banking Commission for their professional comments and their constructive participation in this process. Special thanks are due to the members of the Drafting Group and their institutions, who are listed below in alphabetical order.Nicole Keller – Vice President, Service International Products, Dresdner Bank AG,Frankfurt, Germany; Representative to the ICC Commission on Banking Technique and Practice;Laurence Kooy – Legal Adviser, BNP Paribas, Paris, France; Representative to the ICC Commission on Banking Technique and Practice.[A Professional Business Forum]/k R'q2e%r/W
Katja Lehr – Business Manager, Trade Services Standards, SWIFT, La Hulpe, Belgium,then Vice President, Membership Representation, International Financial Services Association, New Jersey, USA; Representative to the ICC Commission on Banking Technique and Practice;
:n:b&p-B)}-d[A Professional Business Forum]Ole Malmqvist – Vice President, Danske Bank, Copenhagen, Denmark; Representative to the ICC Commission on Banking Technique and Practice; ~,h#E9N P1Q#O'\.Z
Paul Miserez – Head of Trade Finance Standards, SWIFT, La Hulpe, Belgium;Representative to the ICC Commission on Banking Technique and Practice;René Mueller – Director, Credit Suisse, Zurich, Switzerland; Representative to the ICCFOB Business Forum)?9i P6_/x'G!p
Commission on Banking Technique and Practice;
;Q*h:d5B*t%g6x2GChee Seng Soh – Consultant, Association of Banks in Singapore, Singapore;FOB Business Forum4G(J%}+M!|'n6~2W
Representative to the ICC Commission on Banking Technique and Practice;
&~&H2A*D;G%_FOB Business ForumDan Taylor – President and CEO, International Financial Services Association., New Jersey USA; Vice Chairman, ICC Commission on Banking Technique and Practice;Alexander Zelenov – Director, Vnesheconombank, Moscow, Russia; Vice Chairman,ICC Commission on Banking Technique and Practice;Ron Katz – Policy Manager, ICC Commission on Banking Technique and Practice,International Chamber of Commerce, Paris, France.The undersigned had the pleasure of chairing the Drafting Group.It was through the generous giving of their knowledge, time and energy that this revision was accomplished so successfully. As Chair of the Drafting Group, I would like to extend to them and to their institutions my gratitude for their contribution, for a job well done and for their friendship. I would also like to extend my sincere thanks to thebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business/I6O$R/E!C!\0p8?
management of ABN AMRO Bank N.V., for their understanding, patience and support during the course of this revision process.Gary CollyerFOB Business Forum4P.|(o(f9P9| B5b"B"a7f
Corporate Director,ABN AMRO Bank N.V., London, England and Technical Adviser to the ICC Commission on Banking Technique and PracticeNovember 2006
#H'p4t9u9~(F,?(q6B8j0p*fFOB Business Forum
[.R9I3[&J;V1K b.[business forum,trade forum,business opportunity,Business China,Business India,Brazil business[ Last edited by lovegod_hh at 2008-2-6 22:14 ]

Article 1 Application of UCP
%^"a;y;\-?,{forum.fobshanghai.comThe Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication no. 600 (“UCP”) are rules that apply to any documentary credit (“credit”) (including, to the extent to which they may be applicable, any standby letter of credit) when the text of the credit expressly indicates that it is subject to these rules. They are binding on all parties thereto unless expressly modified or excluded by the credit.
#V-Y.Q)e%Q+N%Z2Y,B
.k2W,t1K-BArticle 2 Definitions
)Q+H9a'V0K6G2AFOB Business ForumFor the purpose of these rules:-Z0q(]3U/z*U/S
Advising bank means the bank that advises the credit at the request of the issuing bank.FOB Business Forum&}*p!c9_'c0i#u:W$a*U
Applicant means the party on whose request the credit is issued.forum.fobshanghai.com1d:{"W&J1F&M.i
Banking day means a day on which a bank is regularly open at the place at which an act subject to these rules is to be performed.FOB Business Forum+h:u*~8d!t:j0e"R.K1h
Beneficiary means the party in whose favour a credit is issued.
1r8w+W%_&R8{(o.Sforum.fobshanghai.comComplying presentation means a presentation that is in accordance with the terms and conditions of the credit, the applicable provisions of these rules and international standard banking practice.
"O%D2H6[8P1k3Z)nFOB Business ForumConfirmation means a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying presentation.
7x*o.t2R6[*N2}5\business forum,trade forum,business opportunity,Business China,Business India,Brazil businessConfirming bank means the bank that adds its confirmation to a credit upon the issuing bank’s authorization or request."D7c:~$g q.w5N,w2_/d
Credit means any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.
9l'p/P6h8G'S7U$j:u[A Professional Business Forum]Honour means:FOB Business Forum1r-F,k(e2D)Z7W
a. to pay at sight if the credit is available by sight payment.5u(S.U4s+e:P8~
b. to incur a deferred payment undertaking and pay at maturity if the credit is available by deferred payment.
.` m7o%o!c(z+sforum.fobshanghai.comc. to accept a bill of exchange (“draft”) drawn by the beneficiary and pay at
1k9F*~2`-[FOB Business Forummaturity if the credit is available by acceptance.business forum,trade forum,business opportunity,Business China,Business India,Brazil business;}"q3d+q4P'L0`$i
Issuing bank means the bank that issues a credit at the request of an applicant or on its own behalf.business forum,trade forum,business opportunity,Business China,Business India,Brazil business:y.z"G;M6i1E;V9^ x
Negotiation means the purchase by the nominated bank of drafts (drawn on a bank other than the nominated bank) and/or documents under a complying presentation, by advancing or agreeing to advance funds to the beneficiary on or before the banking day on which reimbursement is due to the nominated bank.
0]*`#a.R:}2r2XFOB Business ForumNominated bank means the bank with which the credit is available or any bank in the case of a credit available with any bank.
.s%x1P!g#v$o%O!}[A Professional Business Forum]Presentation means either the delivery of documents under a credit to the issuing bank or nominated bank or the documents so delivered.
"B6L3i0R+V2X(ebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessPresenter means a beneficiary, bank or other party that makes a presentation.[A Professional Business Forum]5n*y4F4g9|:B,@
forum.fobshanghai.com4S-E!J8d(b$f1E/d&f+I
Article 3 Interpretations[A Professional Business Forum]#g2J1W*y!P3Y
For the purpose of these rules:
8o!s6Q,G;L.p*e[A Professional Business Forum]Where applicable, words in the singular include the plural and in the plural include the singular.forum.fobshanghai.com*I*g)\&\8Q4v8^
A credit is irrevocable even if there is no indication to that effect.forum.fobshanghai.com2Q8g6?9L9r9{7B;s&g&c
A document may be signed by handwriting, facsimile signature, perforated signature,stamp, symbol or any other mechanical or electronic method of authentication.
0A/g+n(y%q2f(vFOB Business ForumA requirement for a document to be legalized, visaed, certified or similar will be satisfied by any signature, mark, stamp or label on the document which appears to satisfy that requirement.
%_&j"N A,v9Z&m2zforum.fobshanghai.comBranches of a bank in different countries are considered to be separate banks.!u$G#n x/I/N
Terms such as "first class", "well known", "qualified", "independent", "official","competent" or "local" used to describe the issuer of a document allow any issuer except the beneficiary to issue that document.
:V,i+D+E"M6I!|9qFOB Business ForumUnless required to be used in a document, words such as "prompt", "immediately" or "as soon as possible" will be disregarded.
*?'Y;X;I2v5iFOB Business ForumThe expression "on or about" or similar will be interpreted as a stipulation that an event is to occur during a period of five calendar days before until five calendar days after the specified date, both start and end dates included.business forum,trade forum,business opportunity,Business China,Business India,Brazil business L/p1x*p#z8e&s"N
The words "to", "until", "till", “from” and “between” when used to determine a period of shipment include the date or dates mentioned, and the words “before” and "after"exclude the date mentioned.
"S0O7J:N+T,Uforum.fobshanghai.comThe words “from” and "after" when used to determine a maturity date exclude the date mentioned.
3Z!x!|8g0K+G!Abusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessThe terms "first half" and "second half" of a month shall be construed respectively as the 1st to the 15th and the 16th to the last day of the month, all dates inclusive.
2j,J0Q;z0`business forum,trade forum,business opportunity,Business China,Business India,Brazil businessThe terms "beginning", "middle" and "end" of a month shall be construed respectively as the 1st to the 10th, the 11th to the 20th and the 21st to the last day of the month, all dates inclusive.business forum,trade forum,business opportunity,Business China,Business India,Brazil business&C6D)b:E)t

]*H)w+M6q#P,T:?*bforum.fobshanghai.comArticle 4 Credits v. Contracts
:v&C(t9d(A&W$H&kFOB Business Foruma. A credit by its nature is a separate transaction from the sale or other contract on which it may be based. Banks are in no way concerned with or bound by such contract, even if any reference whatsoever to it is included in the credit.Consequently, the undertaking of a bank to honour, to negotiate or to fulfil any other obligation under the credit is not subject to claims or defences by the applicant resulting from its relationships with the issuing bank or the beneficiary.A beneficiary can in no case avail itself of the contractual relationships existing between banks or between the applicant and the issuing bank.[A Professional Business Forum](_9V3d*b5S5\ q!H.i
b. An issuing bank should discourage any attempt by the applicant to include, as an integral part of the credit, copies of the underlying contract, proforma invoice and the like.FOB Business Forum.\,o!H.}+g8I-}

*g1h2W%y4jbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessArticle 5 Documents v. Goods, Services or Performance
6l'z8t(I0F-xFOB Business ForumBanks deal with documents and not with goods, services or performance to which the documents may relate./e-W,N7^"d7~$u,i

6|6K9?#\+@FOB Business ForumArticle 6 Availability, Expiry Date and Place for Presentationbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business2t+O(b9U-a2F/\"X9M-C
a. A credit must state the bank with which it is available or whether it is available with any bank. A credit available with a nominated bank is also available with the issuing bank.[A Professional Business Forum]'p%m$_2l9L"q0`*r2_
b. A credit must state whether it is available by sight payment, deferred payment,acceptance or negotiation.
4B&A)S7u6P9I5h-hbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. A credit must not be issued available by a draft drawn on the applicant."h7F'D&T:Z.m#z
d. i. A credit must state an expiry date for presentation. An expiry date
*q:Q.{-}%e9P&W6xforum.fobshanghai.comstated for honour or negotiation will be deemed to be an expiry date forFOB Business Forum+B8R1Z0[9s6V4c9y+^
presentation.business forum,trade forum,business opportunity,Business China,Business India,Brazil business1I.h"`-|;k9s;k3^+B2B
ii. The place of the bank with which the credit is available is the place forbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business(X(h&P!r&O5g8g'A;c
presentation. The place for presentation under a credit available with any[A Professional Business Forum]3^1L4L1O d2~8q
bank is that of any bank. A place for presentation other than that of the
+o(|/r&C;\!k3A7n8O-kbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessissuing bank is in addition to the place of the issuing bank.forum.fobshanghai.com&F#Q&@8r"_,D#Y:U2\
e. Except as provided in sub-article 29 (a), a presentation by or on behalf of the beneficiary must be made on or before the expiry date.
*y5a0F,r-h1T,o9[+Y7NFOB Business Forumbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business:d+O3P9}$Z*D1w
Article 7 Issuing Bank Undertaking
-C#O$W4j#rbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessa. Provided that the stipulated documents are presented to the nominated bank or to the issuing bank and that they constitute a complying presentation, the issuing bank must honour if the credit is available by:business forum,trade forum,business opportunity,Business China,Business India,Brazil business%R0w'V4m9F1E"R;U
i. sight payment, deferred payment or acceptance with the issuing bank;
"\4s8D:_8c[A Professional Business Forum]ii. sight payment with a nominated bank and that nominated bank does not pay;
'N!C%V'{)r6F'T n0Jforum.fobshanghai.comiii. deferred payment with a nominated bank and that nominated bank does not incur its deferred payment undertaking or, having incurred its deferred payment undertaking, does not pay at maturity;
:r8`3C4}:q4T$i.h%GFOB Business Forumiv. acceptance with a nominated bank and that nominated bank does not accept a draft drawn on it or, having accepted a draft drawn on it, does not pay at maturity;4}!F0r/y8?(y
v. negotiation with a nominated bank and that nominated bank does not negotiate.[A Professional Business Forum];K3t,T%Y5i*?!B
b. An issuing bank is irrevocably bound to honour as of the time it issues the credit.
2I0K#N#A3M0l;e-O3u7a'qc. An issuing bank undertakes to reimburse a nominated bank that has honoured or negotiated a complying presentation and forwarded the documents to the issuing bank. Reimbursement for the amount of a complying presentation under a credit available by acceptance or deferred payment is due at maturity, whether or not the nominated bank prepaid or purchased before maturity. An issuing bank's undertaking to reimburse a nominated bank is independent of the issuing bank’s undertaking to the beneficiary.
6F&K5{8}'i.u/X9d$BFOB Business ForumFOB Business Forum(L5O#Q3b'F H L2N&k6r$C!O
[ Last edited by lovegod_hh at 2008-2-6 22:13 ]

Article 8 Confirming Bank Undertakingforum.fobshanghai.com(N#m$w;y-D7y
a. Provided that the stipulated documents are presented to the confirming bank or to any other nominated bank and that they constitute a complying presentation,the confirming bank must:
0C%]9B1r:X#H5h1I*E!PFOB Business Forumi. honour, if the credit is available by
:T;r,Y3o/M3@([4^6e;tFOB Business Foruma. sight payment, deferred payment or acceptance with the confirming bank;forum.fobshanghai.com&c'R3q!G2N(Q+Q
b. sight payment with another nominated bank and that nominated bank does not pay;
#j/o n"^;S,a%S"r5Q0r%I'l$`business forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. deferred payment with another nominated bank and that nominated bank does not incur its deferred payment undertaking or, having incurred its deferred payment undertaking, does not pay at maturity;business forum,trade forum,business opportunity,Business China,Business India,Brazil business'x7Q.U4b:z.k"@8H8S
d. acceptance with another nominated bank and that nominated bank does not accept a draft drawn on it or, having accepted a draft drawn on it, does not pay at maturity;FOB Business Forum.r!U/a'[#x&h%\'J1V
e. negotiation with another nominated bank and that nominated bank does not negotiate.
`(A1T(R,wFOB Business Forumii. negotiate, without recourse, if the credit is available by negotiation with the confirming bank.9m,[&_1?$`.L
b. A confirming bank is irrevocably bound to honour or negotiate as of the time it adds its confirmation to the credit.business forum,trade forum,business opportunity,Business China,Business India,Brazil business0E7[)^(L8h(k"Q7e
c. A confirming bank undertakes to reimburse another nominated bank that has honoured or negotiated a complying presentation and forwarded the documents to the confirming bank. Reimbursement for the amount of a complying presentation under a credit available by acceptance or deferred payment is due at maturity, whether or not another nominated bank prepaid or purchased before maturity. A confirming bank's undertaking to reimburse another nominated bank is independent of the confirming bank’s Undertaking to the beneficiary.(~:y*p;?8_8@
d. If a bank is authorized or requested by the issuing bank to confirm a credit but is not prepared to do so, it must inform the issuing bank without delay and may advise the credit without confirmation.FOB Business Forum:M"F-H [!@1D$o6n,|3G0^

)S k(e4j#V0S-?)]forum.fobshanghai.comArticle 9 Advising of Credits and Amendments
4{+w9~0m5u0w8z&jFOB Business Foruma. A credit and any amendment may be advised to a beneficiary through an
'z7M,O1^9z8S:i4s)i4Y5ubusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessadvising bank. An advising bank that is not a confirming bank advises the credit and any amendment without any undertaking to honour or negotiate.
7H0}%t7A(i!j(O!aFOB Business Forumb. By advising the credit or amendment, the advising bank signifies that it has satisfied itself as to the apparent authenticity of the credit or amendment and that the advice accurately reflects the terms and conditions of the credit or amendment received.
8C!L$u+i!_'I$v.U4J[A Professional Business Forum]c. An advising bank may utilize the services of another bank (“second advising bank”) to advise the credit and any amendment to the beneficiary. By advising the credit or amendment, the second advising bank signifies that it has satisfied itself as to the apparent authenticity of the advice it has received and that the advice accurately reflects the terms and conditions of the credit or amendment received.
6f/_6V6G1YFOB Business Forumd. A bank utilizing the services of an advising bank or second advising bank to advise a credit must use the same bank to advise any amendment thereto.business forum,trade forum,business opportunity,Business China,Business India,Brazil business;[-K0b:z!q6o1_9x!^
e. If a bank is requested to advise a credit or amendment but elects not to do so, it must so inform, without delay, the bank from which the credit, amendment or advice has been received.
&l$S2T*Y N9j6k'[/[9a"j"mFOB Business Forumf. If a bank is requested to advise a credit or amendment but cannot satisfy itself as to the apparent authenticity of the credit, the amendment or the advice, it must so inform, without delay, the bank from which the instructions appear to have been received. If the advising bank or second advising bank elects nonetheless to advise the credit or amendment, it must inform the beneficiary or second advising bank that it has not been able to satisfy itself as to the apparent authenticity of the credit, the amendment or the advice.
*v1c"[4F3f[A Professional Business Forum]FOB Business Forum+w8F#c1K#f/T:J'y3M:n;q
Article 10 Amendments
8r"b5g8H8Ubusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessa. Except as otherwise provided by article 38, a credit can neither be amended nor cancelled without the agreement of the issuing bank, the confirming bank, if any,and the beneficiary.business forum,trade forum,business opportunity,Business China,Business India,Brazil business2F3z8]*I7L"U _(E0l
b. An issuing bank is irrevocably bound by an amendment as of the time it issues the amendment. A confirming bank may extend its confirmation to an
!C9C3v&I4L/b,w.ybusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessamendment and will be irrevocably bound as of the time it advises the
&{'q-M:](}2G7Iamendment. A confirming bank may, however, choose to advise an amendment without extending its confirmation and, if so, it must inform the issuing bank without delay and inform the beneficiary in its advice.
%q&g7y)^"\5B:w8i$g[A Professional Business Forum]c. The terms and conditions of the original credit (or a credit incorporatingbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business)h$D5l/g-e ^6h
previously accepted amendments) will remain in force for the beneficiary until the beneficiary communicates its acceptance of the amendment to the bank that advised such amendment. The beneficiary should give notification of acceptance or rejection of an amendment. If the beneficiary fails to give such notification, a presentation that complies with the credit and to any not yet accepted amendment will be deemed to be notification of acceptance by the beneficiary of such amendment. As of that moment the credit will be amended.forum.fobshanghai.com1n7R$i4_;r-G'm&u)v,W
d. A bank that advises an amendment should inform the bank from which it[A Professional Business Forum]0L7}0u'N1T9@
received the amendment of any notification of acceptance or rejection.[A Professional Business Forum]2u0[6?$B1V7m
e. Partial acceptance of an amendment is not allowed and will be deemed to be notification of rejection of the amendment./I3}2h)^/P"J;N(G
f. A provision in an amendment to the effect that the amendment shall enter into force unless rejected by the beneficiary within a certain time shall be[A Professional Business Forum];M#B1K-v(M"G2O!^#r.E9y
disregarded.business forum,trade forum,business opportunity,Business China,Business India,Brazil business#|!y7m6v*d*j2R7q6r:N
Article 11 Teletransmitted and Pre-Advised Credits and Amendments+M,I6k#r!t1W9s'A+z1O
a. An authenticated teletransmission of a credit or amendment will be deemed to be the operative credit or amendment, and any subsequent mail confirmation shall be disregarded.If a teletransmission states "full details to follow" (or words of similar effect), or states that the mail confirmation is to be the operative credit or amendment, then the teletransmission will not be deemed to be the operative credit or amendment.The issuing bank must then issue the operative credit or amendment without elay in terms not inconsistent with the teletransmission.
4O0k;g.W#l+f/E1e:?3\FOB Business Forumb. A preliminary advice of the issuance of a credit or amendment (“pre-advice”) Shall only be sent if the issuing bank is prepared to issue the operative credit or amendment. An issuing bank that sends a pre-advice is irrevocably committed to issue the operative credit or amendment, without delay, in terms not inconsistent with the pre-advice.FOB Business Forum.g'Y+g4O"U#p'F#w
FOB Business Forum#S4b+q(A4|1[5g+_-l$M
Article 12 Nomination
:K3h,D:y"d:X*YFOB Business Foruma. Unless a nominated bank is the confirming bank, an authorization to honour or negotiate does not impose any obligation on that nominated bank to honour or negotiate, except when expressly agreed to by that nominated bank and so communicated to the beneficiary.'S*P5u2I!]2Z6I9r A*}
b. By nominating a bank to accept a draft or incur a deferred payment undertaking,an issuing bank authorizes that nominated bank to prepay or purchase a draft accepted or a deferred payment undertaking incurred by that nominated bank.
9g7e#^-j%Y-R*G4fc. Receipt or examination and forwarding of documents by a nominated bank that is not a confirming bank does not make that nominated bank liable to honour or negotiate, nor does it constitute honour or negotiation.
:p5j;G/e$F0j1z2z'iFOB Business Forum"M'o:_3Y&x1N6W2f&@
Article 13 Bank-to-Bank Reimbursement Arrangements&O'A2A#R1n5f)?
a. If a credit states that reimbursement is to be obtained by a nominated bank
)V;W5v:_!{%]2r4x/[1s("claiming bank") claiming on another party ("reimbursing bank"), the credit must state if the reimbursement is subject to the ICC rules for bank-to-bank%G-u"S5`6`0N%F.u
reimbursements in effect on the date of issuance of the credit.
1W4B3E!i)A0|8RFOB Business Forumb. If a credit does not state that reimbursement is subject to the ICC rules for bankto-bank reimbursements, the following apply:
3\(F"g%^%|forum.fobshanghai.comi. An issuing bank must provide a reimbursing bank with a reimbursement[A Professional Business Forum]#O1d$b%M;o3k-N5J
authorization that conforms with the availability stated in the credit. The[A Professional Business Forum]+s1q-Y2T,S0V
reimbursement authorization should not be subject to an expiry date.FOB Business Forum4G.x(~/u$m'q8c"S
ii. A claiming bank shall not be required to supply a reimbursing bank with aforum.fobshanghai.com(N&A)e#}:f/S
certificate of compliance with the terms and conditions of the credit.business forum,trade forum,business opportunity,Business China,Business India,Brazil business3{-A$w%S/^#A9I"Z'Y$H
iii. An issuing bank will be responsible for any loss of interest, together withforum.fobshanghai.com.|/}7`%y%L2g'T
any expenses incurred, if reimbursement is not provided on first demand by a reimbursing bank in accordance with the terms and conditions of thecredit.
9v(]$D6m,t*{[A Professional Business Forum]iv. A reimbursing bank's charges are for the account of the issuing bank.8C2](V(_/Y9{:V%N2{
However, if the charges are for the account of the beneficiary, it is the
3P"~6a!s#qFOB Business Forumresponsibility of an issuing bank to so indicate in the credit and in the[A Professional Business Forum]9z5j x!S!_'Z&I3k
reimbursement authorization. If a reimbursing bank's charges are for the
-P9e(c&H5g&Q(@-s-t%bFOB Business Forumaccount of the beneficiary, they shall be deducted from the amount due to[A Professional Business Forum]#k8K7N6Y8q6m
a claiming bank when reimbursement is made. If no reimbursement is
!c7a9q:t!zforum.fobshanghai.commade, the reimbursing bank's charges remain the obligation of the issuing
*{&J*J2f/x0I$C'J+I'ZFOB Business Forumbank.
9G8w;b8T2@ K4K)M:Hc. An issuing bank is not relieved of any of its obligations to provide reimbursement if reimbursement is not made by a reimbursing bank on first demand.FOB Business Forum!\(x ]/j*_7X%T't/j#J
*h)f!U4\+B&q#D!z0J
[ Last edited by lovegod_hh at 2008-2-6 22:28 ]

Article 14 Standard for Examination of Documents[A Professional Business Forum];n#I)E0o,h/c
a. A nominated bank acting on its nomination, a confirming bank, if any, and the issuing bank must examine a presentation to determine, on the basis of the documents alone, whether or not the documents appear on their face to Constitute a complying presentation.business forum,trade forum,business opportunity,Business China,Business India,Brazil business(~+K"J+o.I.w%e
b. A nominated bank acting on its nomination, a confirming bank, if any, and the issuing bank shall each have a maximum of five banking days following the day of presentation to determine if a presentation is complying. This period is not curtailed or otherwise affected by the occurrence on or after the date of presentation of any expiry date or last day for presentation.forum.fobshanghai.com%P"_$I%M*d,_)U&f8d
c. A presentation including one or more original transport documents subject to articles 19, 20, 21, 22, 23, 24 or 25 must be made by or on behalf of the
;@/C1_9A!K0QFOB Business Forumbeneficiary not later than 21 calendar days after the date of shipment asforum.fobshanghai.com2~5b)a+~%o-u-w
described in these rules, but in any event not later than the expiry date of the
/o!]&J7e6M!^ w7[forum.fobshanghai.comcredit.
&l7[+p.M9i[A Professional Business Forum]d. Data in a document, when read in context with the credit, the document itself and international standard banking practice, need not be identical to, but must not conflict with, data in that document, any other stipulated document or the credit.
+`.R1},{5w6?6ge. In documents other than the commercial invoice, the description of the goods,services or performance, if stated, may be in general terms not conflicting with their description in the credit.[A Professional Business Forum]9E0M)N6b'^0d
f. If a credit requires presentation of a document other than a transport document,insurance document or commercial invoice, without stipulating by whom the document is to be issued or its data content, banks will accept the document as presented if its content appears to fulfil the function of the required document and otherwise complies with sub-article 14 (d).
#N2P(H8E"T#a2{4IFOB Business Forumg. A document presented but not required by the credit will be disregarded and may be returned to the presenter.
3u4C&o)C6M%}1Nforum.fobshanghai.comh. If a credit contains a condition without stipulating the document to indicate compliance with the condition, banks will deem such condition as not stated and will disregard it.
'j)u0T1I8g0@(`9H/Q9_*Tbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessi. A document may be dated prior to the issuance date of the credit, but must not be dated later than its date of presentation.FOB Business Forum7{+s'G2c"T-W2^ b%C,H
j. When the addresses of the beneficiary and the applicant appear in any stipulated document, they need not be the same as those stated in the credit or in any other stipulated document, but must be within the same country as the respective addresses mentioned in the credit. Contact details (telefax, telephone, email and the like) stated as part of the beneficiary’s and the applicant’s address will be disregarded. However, when the address and contact details of the applicant appear as part of the consignee or notify party details on a transport document subject to articles 19, 20, 21, 22, 23, 24 or 25, they must be as stated in the credit.FOB Business Forum6L*K9m4t+y)J6S
k. The shipper or consignor of the goods indicated on any document need not be the beneficiary of the credit.forum.fobshanghai.com6n1B6Y @&d$i+N8s5_1G
l. A transport document may be issued by any party other than a carrier, owner,master or charterer provided that the transport document meets the requirements of articles 19, 20, 21, 22, 23 or 24 of these rules. O:K/w,N'p%i
$L3P-o*e;n!k2h#Y
Article 15 Complying Presentation
+z4O8R6p7w1~business forum,trade forum,business opportunity,Business China,Business India,Brazil businessa. When an issuing bank determines that a presentation is complying, it must
-G&L'D,Q:Z*C1?2rhonour.FOB Business Forum;D5z!\7Y/\5S:x4~'n+H7V
b. When a confirming bank determines that a presentation is complying, it must honour or negotiate and forward the documents to the issuing bank.forum.fobshanghai.com!X0i-l%{5N+R5o%A
c. When a nominated bank determines that a presentation is complying and
"t$b8_8Q%B5T/O;Zforum.fobshanghai.comhonours or negotiates, it must forward the documents to the confirming bank or issuing bank.
0B,J!Y9k#|#H3abusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessFOB Business Forum(t7u8t3f5K&[+e)Z0R
Article 16 Discrepant Documents, Waiver and Notice
.x3v)|!a;B+w%IFOB Business Foruma. When a nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank determines that a presentation does not comply, it may refuse to honour or negotiate.business forum,trade forum,business opportunity,Business China,Business India,Brazil business)b*]%D4~:X8c,P"F
b. When an issuing bank determines that a presentation does not comply, it may in its sole judgement approach the applicant for a waiver of the discrepancies. This does not, however, extend the period mentioned in sub-article 14 (b).
8c-r8}/~(j,]6{:lFOB Business Forumc. When a nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank decides to refuse to honour or negotiate, it must give a single notice to that effect to the presenter.
$k r1F#\-Q2\FOB Business ForumThe notice must state:
1?&B4T3p b+e#T8V'lbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessi. that the bank is refusing to honour or negotiate; and
9P1C2P$H)f;Q$Xii. each discrepancy in respect of which the bank refuses to honour orFOB Business Forum'd%k(_9h9p6J
negotiate; andforum.fobshanghai.com X-`(}6\6^"Y4t#Q
iii. a) that the bank is holding the documents pending further instructions from the presenter; or[A Professional Business Forum]%w'E2M;P!X:O
b) that the issuing bank is holding the documents until it receives a waiver[A Professional Business Forum]/J%T D7e'|!h#j
from the applicant and agrees to accept it, or receives further instructionsFOB Business Forum:e0M C4g.G+m G'O
from the presenter prior to agreeing to accept a waiver; or
/c3b9g'f)Y+Q;v[A Professional Business Forum]c) that the bank is returning the documents; or
/w5F,U1W)I ^business forum,trade forum,business opportunity,Business China,Business India,Brazil businessd) that the bank is acting in accordance with instructions previously received from the presenter.
;R&T)k8]2q#Q X2m)N#q+Vforum.fobshanghai.comd. The notice required in sub-article 16 (c) must be given by telecommunication or, if that is not possible, by other expeditious means no later than the close of the fifth banking day following the day ofpresentation.)i0]+v2w'D _*A.U
e. A nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank may, after providing notice required by sub-article 16 (c) (iii) (a) or(b), return the documents to the presenter at any time.(T&D*D3P)q*a E"D
f. If an issuing bank or a confirming bank fails to act in accordance with thebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business'Q8L:g0t%V(u%c:r5`)L
provisions of this article, it shall be precluded from claiming that the documents do not constitute a complying presentation.FOB Business Forum)g;|/a-h2x.M1d
g. When an issuing bank refuses to honour or a confirming bank refuses to honour or negotiate and has given notice to that effect in accordance with this article, it shall then be entitled to claim a refund, with interest, of any reimbursement made.FOB Business Forum&H4_'Q$T(^9s,|6a)V-c

7v&Y#K%e)`*K-^FOB Business ForumArticle 17 Original Documents and Copies[A Professional Business Forum]1^3d*B0f:w6P6c'b2M
a. At least one original of each document stipulated in the credit must be presented.FOB Business Forum-^$}"{4Y8H#\(\%T
b. A bank shall treat as an original any document bearing an apparently original signature, mark, stamp, or label of the issuer of the document, unless the document itself indicates that it is not an original.
;T(@4V D3x;Y-U.~)_business forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. Unless a document indicates otherwise, a bank will also accept a document as original if it:
7k+F9R$[8X8l*k4B [i. appears to be written, typed, perforated or stamped by the document
'V&\3R.W)yissuer’s hand; or$A7M.j*z#m/r!H4o0p
ii. appears to be on the document issuer’s original stationery; or
,l7L r0U,E7u[A Professional Business Forum]iii. states that it is original, unless the statement appears not to apply to theFOB Business Forum4~!^&d!Q1G
document presented.
!~;O9[8D(v)Obusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessd. If a credit requires presentation of copies of documents, presentation of either originals or copies is permitted.FOB Business Forum!~4C)w+@,R4t
e. If a credit requires presentation of multiple documents by using terms such as "in duplicate", "in two fold" or "in two copies", this will be satisfied by the presentation of at least one original and the remaining number in copies, except when the document itself indicates otherwise.[A Professional Business Forum] R&L!?/n9v7B4^'S

,Q:a3G3k"^1J9J2eFOB Business ForumArticle 18 Commercial Invoice[A Professional Business Forum]$o6`4a9U3I1u%A'p
a. A commercial invoice:
7?3M$?$n.Y*f)ii. must appear to have been issued by the benefic        iary (except as provided inFOB Business Forum3K/a!F5S8O;^!W5m
article 38);
J!A v5Y9Rii. must be made out in the name of the applicant (except as provided in subarticle 38 (g));FOB Business Forum'f*J0m7U-K6X$o#a!e5^+i J
iii. must be made out in the same currency as the credit; andforum.fobshanghai.com"D(a-s#v1{ u
iv. need not be signed.FOB Business Forum7q7\+d&M.?5`)h3a
b. A nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank may accept a commercial invoice issued for an amount in excess of the amount permitted by the credit, and its decision will be binding upon all parties, provided the bank in question has not honoured or negotiated for an amount in excess of that permitted by the credit.
:q+@0L,m4}6B-X3L)I/|#UFOB Business Forumc. The description of the goods, services or performance in a commercial invoice must correspond with that appearing in the credit.FOB Business Forum9[,g:B9L'V1h-a"\6O
forum.fobshanghai.com,Q1Q:[/@*b:S0D(Y6_*d#b
[ Last edited by lovegod_hh at 2008-2-7 07:50 ]

Article 19 Transport Document Covering at Least Two Different Modes of Transport3h5|.I0n,l;{-}
a. A transport document covering at least two different modes of transportforum.fobshanghai.com4x4H+?2m&k;z(F4@4N/@4L
(multimodal or combined transport document), however named, must appear to:[A Professional Business Forum]4?/?8d.S4d,{8T
i. indicate the name of the carrier and be signed by:
5a w&u.W8X/J!y8D!V[A Professional Business Forum]  the carrier or a named agent for or on behalf of the carrier, or
3S5F%X#T9Z$Q(y3d,U+iforum.fobshanghai.com  the master or a named agent for or on behalf of the master.FOB Business Forum ?&K2^%e0d$^3|2a
Any signature by the carrier, master or agent must be identified as that of the carrier, master or agent.
4l+e k+X#?!m9d3Ubusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessAny signature by an agent must indicate whether the agent has signed for or on behalf of the carrier or for or on behalf of the master.
8j.V!}9c*m:k4}/D&Wii. indicate that the goods have been dispatched, taken in charge or shippedbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business0l9^4b#N8M,b e
on board at the place stated in the credit, by:
2S#o0U9G3s)_6H J4DFOB Business Forum  pre-printed wording, or
Y,p5{(c)F+A6D2B0`[A Professional Business Forum]  a stamp or notation indicating the date on which the goods have been
+Z*z0l0t ^+Q;s!Udispatched, taken in charge or shipped on board.
*@,D,J(P:~2a+A[A Professional Business Forum]The date of issuance of the transport document will be deemed to be theFOB Business Forum4X%J6x5\'g(b$S*z
date of dispatch, taking in charge or shipped on board, and the date of
.k6d [,l7J6n#n.~2a+qbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessshipment. However, if the transport document indicates, by stamp or
/c'F9{6@!iforum.fobshanghai.comnotation, a date of dispatch, taking in charge or shipped on board, thisforum.fobshanghai.com'M2v;{,e)l2K!W;z
date will be deemed to be the date of shipment.
9y+Y$c/`9L1Q!N3@4H8~FOB Business Forumiii. indicate the place of dispatch, taking in charge or shipment and the placeFOB Business Forum5Q6b$e%\3H7r0j
of final destination stated in the credit, even if:FOB Business Forum!h2t,s+Z;T8b9D:B
a. the transport document states, in addition, a different place of dispatch, taking in charge or shipment or place of final destination,orforum.fobshanghai.com9G0R f*|4a
b. the transport document contains the indication "intended" or similarbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business+h+A.t4x#_*y,E
qualification in relation to the vessel, port of loading or port of
/a%Y7B:~3z5M![!Jbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessdischarge.
9w$~.B*b#M(wFOB Business Forumiv. be the sole original transport document or, if issued in more than oneforum.fobshanghai.com.z/O%H&F:l7T;Q
original, be the full set as indicated on the transport document.
(h/i8[*G8W:S%P*bFOB Business Forumv. contain terms and conditions of carriage or make reference to another
5I8k q8B&w&m4J$L/BFOB Business Forumsource containing the terms and conditions of carriage (short form or blankFOB Business Forum:S1V4}2G;U!Q6S
back transport document). Contents of terms and conditions of carriageFOB Business Forum$d.e B r%a-`%{'t%v(v%j
will not be examined.forum.fobshanghai.com+B6a8W(_9F3a3l7J0[1l2F:X
vi. contain no indication that it is subject to a charter party.
#Q9m(z i"z,l o[A Professional Business Forum]b. For the purpose of this article, transhipment means unloading from one means of conveyance and reloading to another means of conveyance (whether or not in different modes of transport) during the carriage from the place of dispatch,taking in charge or shipment to the place of final destination stated in the credit.
u2L8S5p$V#G(c5n0bbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. i. A transport document may indicate that the goods will or may beFOB Business Forum'H"{"J:d1f
transhipped provided that the entire carriage is covered by one and the
/l,A/[%c.E0_[A Professional Business Forum]same transport document.0x!];M,X'D#r
ii. A transport document indicating that transhipment will or may take place is acceptable, even if the credit prohibits transhipment.FOB Business Forum;V G9{#K-o7~+i/v
FOB Business Forum"n1S,y$G2a.\7N*@7i/_:?
Article 20 Bill of Ladingbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business'y'a6{6b6b9y%n
a. A bill of lading, however named, must appear to:FOB Business Forum0J$t,}:z%x"S2W$g,H+H
i. indicate the name of the carrier and be signed by:business forum,trade forum,business opportunity,Business China,Business India,Brazil business$V9w%]:G&i"C$s
• the carrier or a named agent for or on behalf of the carrier, or
6~'d'G!m4Z!J%t(Y5G[A Professional Business Forum]• the master or a named agent for or on behalf of the master.FOB Business Forum2N!M3x2o3v4w0a2]:g
Any signature by the carrier, master or agent must be identified as that ofbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business2[+t)I5~:[
the carrier, master or agent.!@#e*\9J$i7O i-W3H
Any signature by an agent must indicate whether the agent has signed for,X5^:h"X&v
or on behalf of the carrier or for or on behalf of the master.
*w(i7k&b7\"j7D3L'y;S+Z)Eforum.fobshanghai.comii. indicate that the goods have been shipped on board a named vessel at the port of loading stated in the credit by:
-N'A4o.`5E(w4Pbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business  pre-printed wording, or
-S8Z:d)?1c7f8?business forum,trade forum,business opportunity,Business China,Business India,Brazil business  an on board notation indicating the date on which the goods have been4\.c6X2c%l/c&h7S
shipped on board.FOB Business Forum7U/W&N5e;y6B6J
The date of issuance of the bill of lading will be deemed to be the date of&k7R5f9H(l5d5_
shipment unless the bill of lading contains an on board notation indicating
0M'O#} x(_$ebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessthe date of shipment, in which case the date stated in the on board notation will be deemed to be the date of shipment.
%s.t1g*~8X']'l._6Rforum.fobshanghai.comIf the bill of lading contains the indication "intended vessel" or similar
,P1e3e$`4W)f5h1pforum.fobshanghai.comqualification in relation to the name of the vessel, an on board notationforum.fobshanghai.com0N'w3?/^5y(k)y
indicating the date of shipment and the name of the actual vessel is
7W'F/t6r2lforum.fobshanghai.comrequired.forum.fobshanghai.com/v9f0v r#h#D2u!`
iii. indicate shipment from the port of loading to the port of discharge stated in the credit.
,n.}+b!y.p3s*\business forum,trade forum,business opportunity,Business China,Business India,Brazil businessIf the bill of lading does not indicate the port of loading stated in the credit
;z%_*q.@5_9W2B'K-h3tFOB Business Forumas the port of loading, or if it contains the indication “intended” or similar
*J%G.[)T F,e$Xforum.fobshanghai.comqualification in relation to the port of loading, an on board notation
6p ~;}'\/J+^business forum,trade forum,business opportunity,Business China,Business India,Brazil businessindicating the port of loading as stated in the credit, the date of shipmentFOB Business Forum5U8b2N$R+t-B'y+M4b
and the name of the vessel is required. This provision applies even whenforum.fobshanghai.com8}9})i-L)j!v9E+`
loading on board or shipment on a named vessel is indicated by preprintedFOB Business Forum0[7h3b8G$T/U
wording on the bill of lading.!F"q'T,Z)E(n%@"G i
iv. be the sole original bill of lading or, if issued in more than one original, be the full set as indicated on the bill of lading.forum.fobshanghai.com-w$a"F,R3p*M"p
v. contain terms and conditions of carriage or make reference to another
6R8A3C6z&C/|*^source containing the terms and conditions of carriage (short form or blank
$O6t2U"L(`;d/@,?FOB Business Forumback bill of lading). Contents of terms and conditions of carriage will not be
3].h"G4};C5|*rexamined.FOB Business Forum0n5Y"w2|9Y$~!b!Y-t
vi. contain no indication that it is subject to a charter party.
%L&M5C;F"u&j9R2Ub. For the purpose of this article, transhipment means unloading from one vessel and reloading to another vessel during the carriage from the port of loading to the port of discharge stated in the credit.7V*[,x'W.q8S2o
c. i. A bill of lading may indicate that the goods will or may be transhipped
%y8S/M5c&s%H"T2|7l1O%y6lFOB Business Forumprovided that the entire carriage is covered by one and the same bill of
.Q9F(v/V&} T!W'C+[[A Professional Business Forum]lading.forum.fobshanghai.com#_ O"\5Y!K1H5b+h7i
ii. A bill of lading indicating that transhipment will or may take place isFOB Business Forum.`2u(n3m(O(V
acceptable, even if the credit prohibits transhipment, if the goods havebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business0C$X$c){,m
been shipped in a container, trailer or LASH barge as evidenced by the bill
1F2Q7{8T.p#@5Q$?*x;y4B[A Professional Business Forum]of lading.
2|"}!Z2@6rd. Clauses in a bill of lading stating that the carrier reserves the right to tranship will be disregarded.
)q5T4U @2t6f[A Professional Business Forum]FOB Business Forum%w:~'y:{/_9L
Article 21 Non-Negotiable Sea Waybill
2w0t#k&K+C-uFOB Business Foruma. A non-negotiable sea waybill, however named, must appear to:
,@$H9J!C1d)y.Z6?FOB Business Forumi. indicate the name of the carrier and be signed by:FOB Business Forum7B;S8K,`'J6N
• the carrier or a named agent for or on behalf of the carrier, or
;x/~%{*|3t(o8s4x6u7s3a,_forum.fobshanghai.com• the master or a named agent for or on behalf of the master.[A Professional Business Forum]:r2T2^/]$]0s
Any signature by the carrier, master or agent must be identified as that ofFOB Business Forum%Y+w)Z.S.p
the carrier, master or agent.FOB Business Forum+P8V1{8U*N)z
Any signature by an agent must indicate whether the agent has signed for
7L$D$V)v!`(G#?:m+v.MFOB Business Forumor on behalf of the carrier or for or on behalf of the master.forum.fobshanghai.com/n#`(k%i9h(g3?#_*e3M3a5O
ii. indicate that the goods have been shipped on board a named vessel at"h*S4Q$h#M0e B
the port of loading stated in the credit by:forum.fobshanghai.com:u"X$W"g9|4J/i"n
  pre-printed wording, or.Y.]3D1a r7b
  an on board notation indicating the date on which the goods have been[A Professional Business Forum]:b j+O!{,Y)X%l
shipped on board.
0}5[+H:Z!f"d"N$a,]7U/B(s[A Professional Business Forum]The date of issuance of the non-negotiable sea waybill will be deemed to
4^/j:o5K5\#Kforum.fobshanghai.combe the date of shipment unless the non-negotiable sea waybill contains an
%I6_8q4J;V*\business forum,trade forum,business opportunity,Business China,Business India,Brazil businesson board notation indicating the date of shipment, in which case the date
"R(i0W E1Y6F)d0n-q0Qforum.fobshanghai.comstated in the on board notation will be deemed to be the date of shipment.business forum,trade forum,business opportunity,Business China,Business India,Brazil business7c/{8K-[)[!U
If the non-negotiable sea waybill contains the indication "intended vessel"
9t&C2t3`!k*@"uor similar qualification in relation to the name of the vessel, an on board!Y1r ?;e5L;W0|
notation indicating the date of shipment and the name of the actual vesselFOB Business Forum Q7X'Q)|'L.W;@
is required.FOB Business Forum&t"U"M!z)r9o(a
iii. indicate shipment from the port of loading to the port of discharge stated in the credit.
1t-Q(f,i&z*j.Obusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessIf the non-negotiable sea waybill does not indicate the port of loadingforum.fobshanghai.com.W9B(r+t+M1T
stated in the credit as the port of loading, or if it contains the indication
'n6O&l1M.E R7R5t/?7^,TFOB Business Forum“intended” or similar qualification in relation to the port of loading, an onforum.fobshanghai.com*N4C:g1Y o:V5f&N
board notation indicating the port of loading as stated in the credit, the[A Professional Business Forum]/U&h5u)|8E8T,B:}
date of shipment and the name of the vessel is required. This provision$u7`$l9k(t.b(@ O&F5`*g#|&j
applies even when loading on board or shipment on a named vessel is
3D&x7D$`&p)FFOB Business Forumindicated by pre-printed wording on the non-negotiable sea waybill.FOB Business Forum(L"C6v:a5H'Z*@*\*@
iv. be the sole original non-negotiable sea waybill or, if issued in more than*n1k'D$p/H1D,e)H6M
one original, be the full set as indicated on the non-negotiable sea waybill.1Q.t+c#d*b4r&q0\
v. contain terms and conditions of carriage or make reference to another
-y(h6B9d _/d0u4w(q[A Professional Business Forum]source containing the terms and conditions of carriage (short form or blank
8[/{1I%J/Y*u!c+j$Cforum.fobshanghai.comback non-negotiable sea waybill). Contents of terms and conditions of
%^0U,g)@%[#x!x:p0Dcarriage will not be examined.
6W,?(C)P5~$S gbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessvi. contain no indication that it is subject to a charter party.forum.fobshanghai.com2a0k+~.y)V%T)W
b. For the purpose of this article, transhipment means unloading from one vessel and reloading to another vessel during the carriage from the port of loading to the port of discharge stated in the credit.
#U7b+y8@.b3A+n \business forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. i. A non-negotiable sea waybill may indicate that the goods will or may beFOB Business Forum x;x9Y#W%z
transhipped provided that the entire carriage is covered by one and theforum.fobshanghai.com7z7S+J2~"M
same non-negotiable sea waybill.business forum,trade forum,business opportunity,Business China,Business India,Brazil business7{-O"c/N2H+I7c*|!_!?3X9_+Q3x
ii. A non-negotiable sea waybill indicating that transhipment will or may take place is acceptable, even if the credit prohibits transhipment, if the goods have been shipped in a container, trailer or LASH barge as evidenced by The non-negotiable sea waybill.
"e#H6U-L+Q6x(j[A Professional Business Forum]d. Clauses in a non-negotiable sea waybill stating that the carrier reserves the right to tranship will be disregarded.

Article 22 Charter Party Bill of Lading1F:|%c L8G)F:R!@2P
a. A bill of lading, however named, containing an indication that it is subject to a charter party (charter party bill of lading), must appear to:
0y8]4Q9I#Q(s[A Professional Business Forum]i. be signed by:
+e:K9[5[$|-^1}7o8A)yforum.fobshanghai.com  the master or a named agent for or on behalf of the master, orFOB Business Forum8t7J;r1M'^
  the owner or a named agent for or on behalf of the owner, or
(z'Q5A$I2z9L+Wbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business  the chatterer or a named agent for or on behalf of the charterer.FOB Business Forum7A8g.E8e9a+R
Any signature by the master, owner, charterer or agent must be identified
-m%P:T.['_FOB Business Forumas that of the master, owner, charterer or agent.
5a8Z%P(K8z+e#k!Sbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessAny signature by an agent must indicate whether the agent has signed forFOB Business Forum:[8e)C:K:B(a9\4g;e
or on behalf of the master, owner or charterer.FOB Business Forum3R,d7Z:f5j
An agent signing for or on behalf of the owner or charterer must indicate
.o!i!b2S!I+iforum.fobshanghai.comthe name of the owner or charterer.
"h&`;s4P.Bbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessii. indicate that the goods have been shipped on board a named vessel atforum.fobshanghai.com4U(h5n:K'j-I C
the port of loading stated in the credit by:
-?&P5n1W0A*[1S  pre-printed wording, or[A Professional Business Forum]&b#R'b,C:h4[,O!i;u)C1q
  an on board notation indicating the date on which the goods have beenforum.fobshanghai.com8h:C$c5I'R,Q1F
shipped on board.business forum,trade forum,business opportunity,Business China,Business India,Brazil business/]!s%A2T3@5E!A/b9h
The date of issuance of the charter party bill of lading will be deemed to be
7U#V%X0B!m1Q,U)P8u%{ BFOB Business Forumthe date of shipment unless the charter party bill of lading contains an onFOB Business Forum9@:T8Z7D%[8x1t
board notation indicating the date of shipment, in which case the date
5r4a4{9W3F9?9j:c,?[A Professional Business Forum]stated in the on board notation will be deemed to be the date of shipment.
+R/V,K$J&P2Y![FOB Business Forumiii. indicate shipment from the port of loading to the port of discharge stated in the credit. The port of discharge may also be shown as a range of ports or
!J(^3X Q5X)Fforum.fobshanghai.coma geographical area, as stated in the credit.business forum,trade forum,business opportunity,Business China,Business India,Brazil business%_+j*o2v+g1t
iv. be the sole original charter party bill of lading or, if issued in more than
$c-K&T2V7s(}business forum,trade forum,business opportunity,Business China,Business India,Brazil businessone original, be the full set as indicated on the charter party bill of lading.
7@5n+W7W.W1`;p9k1R!^-WFOB Business Forumb. A bank will not examine charter party contracts, even if they are required to be presented by the terms of the credit.
5|'t4Y8E-|+TFOB Business Forum[A Professional Business Forum].a-[$s3[#W.[#o j,E
Article 23 Air Transport Documentbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business"Q6S;p G,K6A/v
a. An air transport document, however named, must appear to:FOB Business Forum7X'?7X [&o:W(O
i. indicate the name of the carrier and be signed by:FOB Business Forum n;N4W+z4`'H:X;U.~
  the carrier, or a named agent for or on behalf of the carrier.
6^ [6P.s)w5~forum.fobshanghai.comAny signature by the carrier or agent must be identified as that of the
'](w-O(E5?4u-^,G.J5e7g&y7{6Fbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesscarrier or agent.
'I"B%g%m2k6x[A Professional Business Forum]Any signature by an agent must indicate that the agent has signed for or
!])E'I4h2K:Y.R5Ibusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesson behalf of the carrier.
#H8]4^/H#^(Sforum.fobshanghai.comii. indicate that the goods have been accepted for carriage.
(U-S5[.c3L;G%a%{!Vbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessiii. indicate the date of issuance. This date will be deemed to be the date of
$P)h4r.w'u8n;Z1t/P:u%SFOB Business Forumshipment unless the air transport document contains a specific notation of
:U)g5u8F4Tforum.fobshanghai.comthe actual date of shipment, in which case the date stated in the notationFOB Business Forum;b:@/E%Y"_0A-`
will be deemed to be the date of shipment.[A Professional Business Forum];S5h9F)?2@%V:^*g7]
Any other information appearing on the air transport document relative to
3W$k$I-m.k:{2f%Z*_5Hbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessthe flight number and date will not be considered in determining the date
/D/p F&P#M'^FOB Business Forumof shipment.
*k,x&_%o#A1Z*I9\forum.fobshanghai.comiv. indicate the airport of departure and the airport of destination stated in theforum.fobshanghai.com/~5{'{*y%Z4s
credit.
)s9h6}1v1g#x$G:Q,s7QFOB Business Forumv. be the original for consignor or shipper, even if the credit stipulates a full
"X.W;g+`(`!i&h!pforum.fobshanghai.comset of originals.[A Professional Business Forum]2s/k*[(t(H/?.O'd3e
vi. contain terms and conditions of carriage or make reference to another%J3j%Z;y8w%q
source containing the terms and conditions of carriage. Contents of termsFOB Business Forum-J%i*n2};A.\)l$E-v
and conditions of carriage will not be examined.
6o'F,g9P s5x7[6z-B9G8o$DFOB Business Forumb. For the purpose of this article, transhipment means unloading from one aircraft and reloading to another aircraft during the carriage from the airport of departure to the airport of destination stated in the credit.[A Professional Business Forum]8N9L+S+C1?*a1o2R%a
c. i. An air transport document may indicate that the goods will or may beFOB Business Forum ]8I:j%@9l0p%j#E:x%k
transhipped, provided that the entire carriage is covered by one and the
;i;_/h*x%P&NFOB Business Forumsame air transport document.
/u$K+r;o'{-U'r3V%~0t/mii. An air transport document indicating that transhipment will or may take
;s+H#d1u&{5{7v%AFOB Business Forumplace is acceptable, even if the credit prohibits transhipment.FOB Business Forum7u9T&w-j7`$o)_
FOB Business Forum7}6G1N-l1M
Article 24 Road, Rail or Inland Waterway Transport Documents
!W-X5F!K%E/l&@(Y[A Professional Business Forum]a. A road, rail or inland waterway transport document, however named, must[A Professional Business Forum];h4p4\:`6n;q
appear to:
%L:`9X!z-L1@(d0n$qi. indicate the name of the carrier and:
0u+c8\'N)E,r"h0h%?7Xbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business  be signed by the carrier or a named agent for or on behalf of the[A Professional Business Forum]9n5y;q)P6} }0f;~;f
carrier, or
4s7u5`!L:g;^7P+@7y-U  indicate receipt of the goods by signature, stamp or notation by the
-Y.\4U(z:Q!h1y7v9zFOB Business Forumcarrier or a named agent for or on behalf of the carrier.
2Z9B'\#K2^8H,X,W A[A Professional Business Forum]Any signature, stamp or notation of receipt of the goods by the carrier orFOB Business Forum*L7r;~:a,V8\7V
agent must be identified as that of the carrier or agent.3Z0S$E t7s+g
Any signature, stamp or notation of receipt of the goods by the agent must
)n3y0F)[/Z5T+V;aforum.fobshanghai.comindicate that the agent has signed or acted for or on behalf of the carrier.FOB Business Forum)M1A:U9I&l't
If a rail transport document does not identify the carrier, any signature orbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business+o/S1@ b!s.{8z;U
stamp of the railway company will be accepted as evidence of the document being signed by the carrier.
!s#d;g%i(z6y!lFOB Business Forumii. indicate the date of shipment or the date the goods have been received for
.y'j+@#N+S$`3A1t5] Zshipment, dispatch or carriage at the place stated in the credit. Unless the%L ~6G9C(B$S/g.K"?
transport document contains a dated reception stamp, an indication of the[A Professional Business Forum]2o-Z3x0O-E$}
date of receipt or a date of shipment, the date of issuance of the transportFOB Business Forum6} o1K(v%B/v7P0g1{
document will be deemed to be the date of shipment.forum.fobshanghai.com.i:}.](b"B({1R6U&[(D
iii. indicate the place of shipment and the place of destination stated in theforum.fobshanghai.com#j.^:Q*e:o*^)J!\6a6s
credit.
8^ C5n.J4v&Zforum.fobshanghai.comb. i. A road transport document must appear to be the original for consignor or shipper or bear no marking indicating for whom the document has been
9r;_&q)f/m$E8M"G-Jforum.fobshanghai.comprepared.business forum,trade forum,business opportunity,Business China,Business India,Brazil business1[5I.J/T4M7S
ii. A rail transport document marked “duplicate” will be accepted as anforum.fobshanghai.com%j!b9S0P#d#Y)|
original.
.W2H7e5X7C/t-u!tforum.fobshanghai.comiii. A rail or inland waterway transport document will be accepted as an
2F;w%i&I.p%?'y2zFOB Business Forumoriginal whether marked as an original or not.
4Y#k7e2Y'|%v3R#V8H*Abusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. In the absence of an indication on the transport document as to the number of originals issued, the number presented will be deemed to constitute a full set.FOB Business Forum.R+Q:U,D"@1\"G
d. For the purpose of this article, transhipment means unloading from one means of conveyance and reloading to another means of conveyance, within the same mode of transport, during the carriage from the place of shipment, dispatch or carriage to the place of destination stated in the credit.
0A'N;Z0f(S2\0_#P;U*|FOB Business Forume. i. A road, rail or inland waterway transport document may indicate that the goods will or may be transhipped provided that the entire carriage is
7A/H7P0n4c2o,v9cforum.fobshanghai.comcovered by one and the same transport document.FOB Business Forum"M2h5d7b%O'C)g2|&]
ii. A road, rail or inland waterway transport document indicating that
8U8b/L0b!e-O/F)~[A Professional Business Forum]transhipment will or may take place is acceptable, even if the creditbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business4W;}/[-c:Y
prohibits transhipment.
5Q:r,z'f9R1Y9O/C8T)oFOB Business Forum
9o!]/[;`(u%R2e[A Professional Business Forum]Article 25 Courier Receipt, Post Receipt or Certificate of Posting[A Professional Business Forum]0f5C1m*Y!E*U+c
a. A courier receipt, however named, evidencing receipt of goods for transport,must appear to:FOB Business Forum.u:d)~:r$I9R"k
i. indicate the name of the courier service and be stamped or signed by the
0p+{:B)x+_:D&Q8i3`forum.fobshanghai.comnamed courier service at the place from which the credit states the goodsFOB Business Forum1T#c){:e!m&t
are to be shipped; andFOB Business Forum/b5|%p8L#p+c+v
ii. indicate a date of pick-up or of receipt or wording to this effect. This date
'_7U'P1X"g6C2q(OFOB Business Forumwill be deemed to be the date of shipment.
6u-j5y0S-O"S(`business forum,trade forum,business opportunity,Business China,Business India,Brazil businessb. A requirement that courier charges are to be paid or prepaid may be satisfied by a transport document issued by a courier service evidencing that courier charges are for the account of a party other than the consignee.
4_1?9O!H4d/b.P8|FOB Business Forumc. A post receipt or certificate of posting, however named, evidencing receipt of goods for transport, must appear to be stamped or signed and dated at the place from which the credit states the goods are to be shipped. This date will be deemed to be the