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国贸案例分析1(Case study in China World Trade Center 1)
国贸案例分析1(Case study in China World Trade Center 1)
China World Trade Center case study
The export of 800 tonnes of sand to a foreign company of 1. agricultural products import and export company, foreign customers open an irrevocable letter of credit in issuing the certificate within the time stipulated in the contract, the provisions of the SHIPMENT FROM CHINESE shipment PORT TO SINGAPORE IN MAY, PARTIAL SHIPMENT PROHIBITED. In accordance with the certificate, the agricultural products import Export Corporation, in June 15th, installed 500 metric tons of sand at Qingdao port on the Jia Ling round, and 300 tons of sand were added to Dalian Port in the same round. In June 20th, the agricultural products import and Export Corporation also obtained two sets of bills of lading issued by Qingdao and Dalian Port respectively. The agricultural products company negotiated the validity of the letter of credit, but was refused payment by the bank on the basis of discrepant documents. Question: is the banks protest justified? Why?
[analysis] no partial shipment is allowed in the certificate. 800 tons of ore in our offices in Qingdao and Dalian and shipped the same as Jia Ling, therefore, the main problem in this case is determined to be shipped to the same destination of goods in different time and place are respectively arranged on the same voyage, with a cargo vessel, a partial shipment does not belong to the the problem. According to the UCP500 B fortieth paragraph: a transport document that the goods surface system uses the same means of transport and transport via the same route, even if each set of transport documents indicate different dates of shipment and / or port of loading and destination, as long as the transport documents indicate the same destination, will not be regarded as partial shipment. We can see in this case that our practice does not belong to partial shipment, so it is unreasonable for the bank to refuse payment. ????????????????
?
2., a cargo ship in
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