A25 When a signature or endorsement is required to be on a document consisting

A25 when a signature or endorsement is required to be

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pages are regarded as an attachment or rider. A25) When a signature or endorsement is required to be on a document consisting of more than one page, and the credit or the document itself does not indicate where a signature or endorsement is to appear, the signature or endorsement may appear anywhere on that document. Non - documentary conditions and conflict of data A26) When a credit contains a condition without stipulating a document to indicate compliance therewith ("non-documentary condition"), compliance with such condition need not be evidenced on any stipulated document. However, data contained in a stipulated document are not to be in conflict with the non- documentary condition. For example, when a credit indicates "packing in wooden cases" without indicating that such data is to appear on any stipulated document, a statement in any stipulated document indicating a different type of packing is considered to be a conflict of data. Originals and copies A27) A document bearing an apparently original signature, mark, stamp or label of the issuer will be considered to be an original unless it states that it is a copy. Banks .
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ISBP 745 English do not determine whether such a signature, mark, stamp or label of the issuer has been applied in a manual or facsimile form and, as such, any document bearing such method of authentication will satisfy the requirements of UCP 600 article 17. A28) Documents issued in more than one original may be marked "Original","Duplicate", "Triplicate", "First Original", "Second Original", etc. None of these markings will disqualify a document as an original. A29) a. The number of originals to be presented is to be at least the number required by the credit or UCP 600. b. When a transport document or insurance document indicates how many originals have been issued, the number of originals stated on the document is to be presented, except as stated in paragraphs H12) and J7) (c). c. When a credit requires presentation of less than a full set of original transport documents, (for example, "2/3 original bills of lading"), but does not provide any disposal instructions for the remaining original bill of lading, a presentation may include 3/3 original bills of lading. d. When a credit requires, for example, presentation of: i. "Invoice", "One Invoice", "Invoice in 1 copy" or "Invoice - 1 copy", it will be understood to be a requirement for an original invoice. ii. "Invoice in 4 copies" or "Invoice in 4 fold" will be satisfied by the presentation of at least one original invoice and any remaining number as copies. iii. "photocopy of invoice" or "copy of invoice" will be satisfied by the presentation of either a photocopy, copy or, when not prohibited, an original invoice. iv. "photocopy of a signed invoice" will be satisfied by the presentation of either a photocopy or copy of the original invoice that was apparently signed or, when not prohibited, a signed original invoice.
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  • Spring '16
  • Nguyễn Thị Thanh Phương
  • International Trade, Bill of lading, UCP, multimodal transport document

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