Freight and Additional Costs 153 If a credit requires that an air transport

Freight and additional costs 153 if a credit requires

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Freight and Additional Costs 153. If a credit requires that an air transport document show that freight has been paid or is payable at destination, the air transport document must be marked accordingly. 154. Applicants and issuing banks should be specific in stating the requirements of documents to show whether freight is to be prepaid or collected. 155. If a credit states that costs additional to freight are not acceptable, an air transport document must not indicate that costs additional to the freight have been or will be incurred. Such indication may be by express reference to additional costs or by the use of shipment terms that refer to costs associated with the loading or unloading of goods. A reference in the transport document to costs which may be levied as a result of a delay in unloading the goods or after the goods have been unloaded is not considered an indication of additional costs in this context. 156. Air transport documents often have separate boxes which, by their pre-printed headings, indicate that they are for freight charges “prepaid” and for freight charges “to collect”, respectively. A requirement in a credit for an air transport document to show that freight has been prepaid will be fulfilled by a statement of the freight charges under the heading “Freight Prepaid” or a similar expression or indication, and a requirement that an air transport document show that freight has to be collected will be fulfilled by a statement of the freight charges under the heading “Freight to Collect” or a similar expression or indication.
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ROAD, RAIL OR INLAND WATERWAY TRANSPORT DOCUMENTS Application of UCP 600 Article 24 157. If a credit requires presentation of a transport document covering movement by road, rail or inland waterway, UCP 600 article 24 is applicable. Original and Duplicate of Road, Rail or Inland Waterway Transport Documents 158. If a credit requires a rail or inland waterway transport document, the transport document presented will be accepted as an original whether or not it is marked as an original. 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 prepared. With respect to rail waybills, the practice of many railway companies is to provide the shipper or consignor with only a duplicate (often a carbon copy) duly authenticated by the railway company’s stamp. Such a duplicate will be accepted as an original. Carrier and Signing of Road, Rail or Inland Waterway Transport Documents 159. The term “carrier” need not appear at the signature line provided the transport document appears to be signed by the carrier or an agent on behalf of the carrier, if the carrier is otherwise identified as the “carrier” on the transport document. International standard banking practice is to accept a railway bill evidencing date stamp by the railway company or railway station of departure without showing the name of the carrier or a named agent signing for or on behalf of the carrier.
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