FOREWORD        FOB Business Forum+o'@%A,q)n3K2f&o,r A
INTRODUCTION       
"w4Z'W"h)M;|%pFOB Business ForumARTICLE 1 APPLICATION OF UCP       
0b%E,]"x/^3Y*aFOB Business ForumARTICLE 2 DEFINITIONS        business forum,trade forum,business opportunity,Business China,Business India,Brazil business(y*d9S4M8}-\
ARTICLE 3 INTERPRETATIONS        [A Professional Business Forum]!T,|.?*H2w3n0u0T%E*b!G
ARTICLE 4 CREDITS V. CONTRACTS       
#E.t4U/C$i2l'o0Z[A Professional Business Forum]ARTICLE 5 DOCUMENTS V. GOODS, SERVICES OR PERFORMANCE       
3B5Y1M/J/L,EFOB Business ForumARTICLE 6 AVAILABILITY, EXPIRY DATE AND PLACE FOR PRESENTATION        business forum,trade forum,business opportunity,Business China,Business India,Brazil business'\:g#X8n&F/g+n;o7i
ARTICLE 7 ISSUING BANK UNDERTAKING       
/h&R*`$K)T6D;g[A Professional Business Forum]ARTICLE 8 CONFIRMING BANK UNDERTAKING        www.fobshanghai.com,L:P;A5v;H)m
ARTICLE 9 ADVISING OF CREDITS AND AMENDMENTS       
/E&y8O;I1eFOB Business ForumARTICLE 10 AMENDMENTS        !k/d'x4V5g1r-I:P#a
ARTICLE 11 TELETRANSMITTED AND PRE-ADVISED CREDITS AND AMENDMENTS       
Y!C)T/~-pbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 12 NOMINATION        business forum,trade forum,business opportunity,Business China,Business India,Brazil business-A6h9R0p'm.R;a
ARTICLE 13 BANK-TO-BANK REIMBURSEMENT ARRANGEMENTS        FOB Business Forum6N.F1M2j6S6N)S
ARTICLE 14 STANDARD FOR EXAMINATION OF DOCUMENTS       
8b6{/A:Y6hbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 15 COMPLYING PRESENTATION       
/m6b8n/u(L,X"s8@www.fobshanghai.comARTICLE 16 DISCREPANT DOCUMENTS, WAIVER AND NOTICE        FOB Business Forum%Q,O0J$f+]"s W.H
ARTICLE 17 ORIGINAL DOCUMENTS AND COPIES        3B7e$g4v1~:S:X7X8P
ARTICLE 18 COMMERCIAL INVOICE       
%c/p1o$d4c!Pbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 19 TRANSPORT DOCUMENT COVERING AT LEAST TWO DIFFERENT MODES OF TRANSPORT        FOB Business Forum)Q3W.?#V2b'@!e,C8k%K
ARTICLE 20 BILL OF LADING       
-b#n0r"_%R2X |(~business forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 21 NON-NEGOTIABLE SEA WAYBILL       
.z:^9D4l+?0x:}FOB Business ForumARTICLE 22 CHARTER PARTY BILL OF LADING        business forum,trade forum,business opportunity,Business China,Business India,Brazil business!i&`)F4y'n.H"d
ARTICLE 23 AIR TRANSPORT DOCUMENT       
3Z&]4D1o8i3p&GFOB Business ForumARTICLE 24 ROAD, RAIL OR INLAND WATERWAY TRANSPORT DOCUMENTS        FOB Business Forum;N2}9y2J.R.e
ARTICLE 25 COURIER RECEIPT, POST RECEIPT OR CERTIFICATE OF POSTING       
!I%f+h:q4M/dFOB Business ForumARTICLE 26 "ON DECK", "SHIPPER'S LOAD AND COUNT", ?¡ãSAID BY SHIPPER TO CONTAIN?¡ÀAND CHARGES ADDITIONAL TO FREIGHT       
/h%B#i$\1P3N.h(M9M/xFOB Business ForumARTICLE 27 CLEAN TRANSPORT DOCUMENT       
+n0P7]*k%h!W0O3k[A Professional Business Forum]ARTICLE 28 INSURANCE DOCUMENT AND COVERAGE       
(b:d([:@5k$w*LFOB Business ForumARTICLE 29 EXTENSION OF EXPIRY DATE OR LAST DAY FOR PRESENTATION        FOB Business Forum'u)O8x&y-`;g
ARTICLE 30 TOLERANCE IN CREDIT AMOUNT, QUANTITY AND UNIT PRICES       
7{ e,T.c1B4mFOB Business ForumARTICLE 31 PARTIAL DRAWINGS OR SHIPMENTS        business forum,trade forum,business opportunity,Business China,Business India,Brazil business2|!m.["?1d;N-r S
ARTICLE 32 INSTALMENT DRAWINGS OR SHIPMENTS        FOB Business Forum2Z2U:o'P2G"[
ARTICLE 33 HOURS OF PRESENTATION        business forum,trade forum,business opportunity,Business China,Business India,Brazil business7L$s3V;O*m
ARTICLE 34 DISCLAIMER ON EFFECTIVENESS OF DOCUMENTS        www.fobshanghai.com*V1H8u-l/e"H8j;?+M
ARTICLE 35 DISCLAIMER ON TRANSMISSION AND TRANSLATION        FOB Business Forum8R#O0I2Y;`/]%E
ARTICLE 36 FORCE MAJEURE       
$t*P*?(G-v*|1N-D7HARTICLE 37 DISCLAIMER FOR ACTS OF AN INSTRUCTED PARTY       
&c3]1D5y$P9q;W:nbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessARTICLE 38 TRANSFERABLE CREDITS        [A Professional Business Forum]2M8_8D0S9H+J
ARTICLE 39 ASSIGNMENT OF PROCEEDS       
4u+Q8H+Y8W#} w5q$T-K[A Professional Business Forum][A Professional Business Forum]$K4s'D6J0M&M)`5G!W
business forum,trade forum,business opportunity,Business China,Business India,Brazil business4L5|"_;~5S.f!U)m)V

+x4Z&@6i&l0E2VFOB Business Forum%I0b8P,\)g*e(b*M1q%E
FOREWORD
.q(H/d;c)S#m%a&l DFOB Business ForumThis revision of the Uniform Customs and Practice for Documentary Credits (commonly called ?¡ãUCP?¡À) 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.www.fobshanghai.com$k(W$r*V!g2N4f'^3j
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 ¡§C 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.FOB Business Forum$K8O.Q5H,w-t4h;y&o
It is important to recall that the UCP represent the work of a private international organization, not a governmental body. Since its inception, ICC has insisted on the central role of self-regulation in business practice. These rules, formulated entirely by experts in the private sector, have validated that approach. The UCP remain the most successful set of private rules for trade ever developed.FOB Business Forum*b+`7n)R2b$N4i/_:J
A 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 ofbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business+P6u%d+T-N+p2?+~/~
the ICC Commission on Banking Technique and Practice who made ertinent6]/["d3d;D7Z
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 +d6E$O8s([!B
Insurance industries, whose perceptive suggestions honed the final draft.
"r'@-q/D i4rbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessGuy Sebban
#u4D8U3{3])G5P&GSecretary General.\#I#V [7[;~#a
International Chamber of Commerce[A Professional Business Forum]!G0W:Z,u+~.j2X+K/Q
[A Professional Business Forum]$r5w+H&e9B"{1f
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For your download: http://forum.fobshanghai.com/thr ... hink_of_UCP600.htmlbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business)M0H,r$H&v:]*O+F7h
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[ Last edited by mazy at 2008-3-4 22:16 ]

INTRODUCTION
6r$L&h6E/b5^ m.M!abusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessIn May 2003, the International Chamber of Commerce authorized the ICC Commission on Banking Technique and Practice (Banking Commission) to begin a revision of the Uniform Customs and Practice for Documentary Credits, ICC Publication 500.
5]'v&F3X.s(M:k/h8E1p1@FOB Business ForumAs with other revisions, the general objective was to address developments in the banking, transport and insurance industries. Additionally, there was a need to look at the language and style used in the UCP to remove wording that could lead to inconsistent application and interpretation.
!P"M/B8Y0A+_'i8r$A5rFOB Business ForumWhen 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.
+E2N0F5X!\'X'r'X4Obusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessTo 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
(Z$G/|*~4`,XFOB Business ForumDi 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 publicationFOB Business Forum2M R1^%O4z8~
has 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
;S)X;N8]:BFOB Business ForumISBP 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
3p&b2y0m5L%_4_;f6E e:Q[A Professional Business Forum]played 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 ¡§C Vice President, Service International Products, Dresdner Bank AG,Frankfurt, Germany; Representative to the ICC Commission on Banking Technique and Practice;Laurence Kooy ¡§C Legal Adviser, BNP Paribas, Paris, France; Representative to the ICC Commission on Banking Technique and Practice.
8^9Z!o1m"P*N;_0j-hwww.fobshanghai.comKatja Lehr ¡§C 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;
3`"{2d;Y5};R4b(Tbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessOle Malmqvist ¡§C Vice President, Danske Bank, Copenhagen, Denmark; Representative to the ICC Commission on Banking Technique and Practice;
+?9f!w!O4r%G v+G&Fwww.fobshanghai.comPaul Miserez ¡§C Head of Trade Finance Standards, SWIFT, La Hulpe, Belgium;Representative to the ICC Commission on Banking Technique and Practice;Ren¡§? Mueller ¡§C Director, Credit Suisse, Zurich, Switzerland; Representative to the ICCFOB Business Forum(g N$Y#t)N%r D
Commission on Banking Technique and Practice;
:s1j!\&O.NFOB Business ForumChee Seng Soh ¡§C Consultant, Association of Banks in Singapore, Singapore;www.fobshanghai.com,g-o'H,K"c)Q4q:t"[
Representative to the ICC Commission on Banking Technique and Practice;FOB Business Forum k3F*J5u%f1A$M
Dan Taylor ¡§C President and CEO, International Financial Services Association., New Jersey USA; Vice Chairman, ICC Commission on Banking Technique and Practice;Alexander Zelenov ¡§C Director, Vnesheconombank, Moscow, Russia; Vice Chairman,ICC Commission on Banking Technique and Practice;Ron Katz ¡§C 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 theFOB Business Forum9}#}*p7O%Y1E)b&h:x)R
management of ABN AMRO Bank N.V., for their understanding, patience and support during the course of this revision process.Gary Collyer
2O1h4B(a7[(^']8o3r[A Professional Business Forum]Corporate Director,ABN AMRO Bank N.V., London, England and Technical Adviser to the ICC Commission on Banking Technique and PracticeNovember 2006www.fobshanghai.com"f#^&}3p l*y8T

3[.X0Z:^!f"P0}FOB Business Forum[ Last edited by lovegod_hh at 2008-2-6 22:14 ]

Article 1 Application of UCPFOB Business Forum8q/\;f3L1V+]3^-y3O
The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication no. 600 (?¡ãUCP?¡À) are rules that apply to any documentary credit (?¡ãcredit?¡À) (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.FOB Business Forum A)t's)~1U1Q.l+|-}

6?4Y1e.q.i+`;MArticle 2 Definitions
6h(a&N4C,a8`5~[A Professional Business Forum]For the purpose of these rules:
0G)f*p#l#z,R5M%y2|7y9Awww.fobshanghai.comAdvising bank means the bank that advises the credit at the request of the issuing bank.
%p8D+?-k"j,~0y(r.v+c,RApplicant means the party on whose request the credit is issued.
'j"Y)x4|,G0g-jFOB Business ForumBanking 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.
%m"{,J8b/Hwww.fobshanghai.comBeneficiary means the party in whose favour a credit is issued.[A Professional Business Forum]0j _*b)^&_:C
Complying 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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business3W1\9H.Z1N2c7?+p9c+Q
Confirmation means a definite undertaking of the confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying presentation.FOB Business Forum6A&i6V(g;l/d `
Confirming bank means the bank that adds its confirmation to a credit upon the issuing bank??s authorization or request.FOB Business Forum6x/E)W.l$\$B,v$n,v
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.[A Professional Business Forum]4s"a9g#[6z
Honour means:FOB Business Forum'W;{4@!g;p)`)n%x(S6j
a. to pay at sight if the credit is available by sight payment.
'b2|-R&t'zwww.fobshanghai.comb. to incur a deferred payment undertaking and pay at maturity if the credit is available by deferred payment.
*g"M1v o,L:O/zFOB Business Forumc. to accept a bill of exchange (?¡ãdraft?¡À) drawn by the beneficiary and pay at
.U,O,T"h Y6](`'QFOB Business Forummaturity if the credit is available by acceptance.
*w7[.S._0S8g"u0Y*O[A Professional Business Forum]Issuing bank means the bank that issues a credit at the request of an applicant or on its own behalf. j9A0a(C#d*b
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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business-k"S#X W0C$P3~5k+x
Nominated bank means the bank with which the credit is available or any bank in the case of a credit available with any bank.
4?;{:D#u2@,L9N4aPresentation means either the delivery of documents under a credit to the issuing bank or nominated bank or the documents so delivered.
2B9f)p*A ^.Hwww.fobshanghai.comPresenter means a beneficiary, bank or other party that makes a presentation.
6W8q#^5Y0h8s4A&`$zFOB Business Forum
+w0Y4O"d0A.OArticle 3 Interpretations[A Professional Business Forum]4~!F#_(B _:O q$Z
For the purpose of these rules:www.fobshanghai.com0~"J,U8X!Q4k)I:]4P!K$y
Where applicable, words in the singular include the plural and in the plural include the singular.
%K6C)^4I*N$MFOB Business ForumA credit is irrevocable even if there is no indication to that effect.FOB Business Forum1X!a3B9Z0x N+q"v
A document may be signed by handwriting, facsimile signature, perforated signature,stamp, symbol or any other mechanical or electronic method of authentication.www.fobshanghai.com2c!t-G7f$}#L5o'@+U;~
A 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.$~8K#~9f9}'Z9g:F
Branches of a bank in different countries are considered to be separate banks.
9{%T1M%f5{:L8{FOB Business ForumTerms such as "first class", "well known", "qualified", "independent", "official","competent" or "local" used to describe the issuer of a document allow any issuer except the beneficiary to issue that document.
Z+`7h+M I0fwww.fobshanghai.comUnless required to be used in a document, words such as "prompt", "immediately" or "as soon as possible" will be disregarded.
0r,[1F'H6s#w'_1j'W'N,a,Mwww.fobshanghai.comThe expression "on or about" or similar will be interpreted as a stipulation that an event is to occur during a period of five calendar days before until five calendar days after the specified date, both start and end dates included.4k(a'y0h5`"C/@%[
The words "to", "until", "till", ?¡ãfrom?¡À and ?¡ãbetween?¡À when used to determine a period of shipment include the date or dates mentioned, and the words ?¡ãbefore?¡À and "after"exclude the date mentioned.
/s2u(u%S+@$U+C8Jwww.fobshanghai.comThe words ?¡ãfrom?¡À and "after" when used to determine a maturity date exclude the date mentioned.
,o$g*^$}2L%F8WThe 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.
#z+a3g3B,K4@%t8k'W[A Professional Business Forum]The 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.[A Professional Business Forum]*R5t1d4N%v"~/j2]5k"h
+p+E)r.h#h8s5U9G$o&O
Article 4 Credits v. Contracts
'N8U/J"G6R4v[A Professional Business Forum]a. 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.
&|*m [%q,tFOB Business Forumb. 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.[A Professional Business Forum]6\,Z0p"U.k+N8w

3\&I.{3Z%b"T-c3W%k qwww.fobshanghai.comArticle 5 Documents v. Goods, Services or Performance
$L#w9x9N.Z5d4T4yBanks deal with documents and not with goods, services or performance to which the documents may relate.www.fobshanghai.com-b#K-V&?6r&z5p'e

3R'|*K1R0M$a5wbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessArticle 6 Availability, Expiry Date and Place for Presentationbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business,B2T Y9_5~$e
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.
0y)\4s9K2g7S yb. A credit must state whether it is available by sight payment, deferred payment,acceptance or negotiation.business forum,trade forum,business opportunity,Business China,Business India,Brazil business0h*K"E0v!W-l-n8F&w
c. A credit must not be issued available by a draft drawn on the applicant.
5t$x6A-w&T4B!a*od. i. A credit must state an expiry date for presentation. An expiry date
4_5p%Q'm.\"u)tFOB Business Forumstated for honour or negotiation will be deemed to be an expiry date for
1O:s3{5A6A!e4o @'D.v:nwww.fobshanghai.compresentation.FOB Business Forum*C7H9`0A:Q!A!H c
ii. The place of the bank with which the credit is available is the place for6}4j;]![&t;B8L
presentation. The place for presentation under a credit available with any
/U V8{ L&M%r"A+Y3Awww.fobshanghai.combank is that of any bank. A place for presentation other than that of theFOB Business Forum A8r8s#V"p!E3B
issuing bank is in addition to the place of the issuing bank.[A Professional Business Forum])p!p/c4O+O1[ d$c5\
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.
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"t v"P+U%d,Zwww.fobshanghai.comArticle 7 Issuing Bank UndertakingFOB Business Forum'P8]5h*f1t8|,F&C"u2@6K
a. 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:www.fobshanghai.com)g5`*H$i*S:{-\
i. sight payment, deferred payment or acceptance with the issuing bank;
1u1Y)O#H g&R6{+@[A Professional Business Forum]ii. sight payment with a nominated bank and that nominated bank does not pay;[A Professional Business Forum]/[+[4r3r,e"s3\9p4Z4g
iii. deferred payment with a nominated bank and that nominated bank does not incur its deferred payment undertaking or, having incurred its deferred payment undertaking, does not pay at maturity;business forum,trade forum,business opportunity,Business China,Business India,Brazil business5S&?#|(f+U+^6n
iv. acceptance with a nominated bank and that nominated bank does not accept a draft drawn on it or, having accepted a draft drawn on it, does not pay at maturity;
']1G:A-C2]3j3hv. negotiation with a nominated bank and that nominated bank does not negotiate.
#}2^(q/~3B c!Q.Q ~2Vb. An issuing bank is irrevocably bound to honour as of the time it issues the credit.
:y:`,w8k3L'K+Uc. An issuing bank undertakes to reimburse a nominated bank that has honoured or negotiated a complying presentation and forwarded the documents to the issuing bank. Reimbursement for the amount of a complying presentation under a credit available by acceptance or deferred payment is due at maturity, whether or not the nominated bank prepaid or purchased before maturity. An issuing bank's undertaking to reimburse a nominated bank is independent of the issuing bank??s undertaking to the beneficiary.
*w2S3a#D"i6I:C$K$^(g;?[A Professional Business Forum]
1t0h&D4`;k1N[ Last edited by lovegod_hh at 2008-2-6 22:13 ]

Article 8 Confirming Bank Undertaking[A Professional Business Forum]7A J/]([;w.k-E.S q'Z
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:
;\%d3O1@,A-vbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessi. honour, if the credit is available byFOB Business Forum&q1{$q6f+g4l0f!r!D'c"E
a. sight payment, deferred payment or acceptance with the confirming bank;
/L#N:l,d*[6G1[5Nbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessb. sight payment with another nominated bank and that nominated bank does not pay;FOB Business Forum;q%@&r2W1M9h/T
c. deferred payment with another nominated bank and that nominated bank does not incur its deferred payment undertaking or, having incurred its deferred payment undertaking, does not pay at maturity;www.fobshanghai.com"A0]/f#T&h3i/h2{
d. acceptance with another nominated bank and that nominated bank does not accept a draft drawn on it or, having accepted a draft drawn on it, does not pay at maturity;
7I#b)J,M-{0l0c;Q:^1Ae. negotiation with another nominated bank and that nominated bank does not negotiate.[A Professional Business Forum],K!k:T#a3~+s#k'q7O-N
ii. negotiate, without recourse, if the credit is available by negotiation with the confirming bank.business forum,trade forum,business opportunity,Business China,Business India,Brazil business6I1W9R&]/c"d y-a(m-Y*K
b. A confirming bank is irrevocably bound to honour or negotiate as of the time it adds its confirmation to the credit.
*v$?.i)Y.l8x6Y#R:S[A Professional Business Forum]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.FOB Business Forum2l(e8_*_0D.d&Z1[8`9z5q
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.www.fobshanghai.com)`(D1^1n4?)E&d:e*F

-C |+U2L/a6{/Y5u5^.EArticle 9 Advising of Credits and AmendmentsFOB Business Forum.O-n!A8y3o-T1`
a. A credit and any amendment may be advised to a beneficiary through an
%V8b,A%A7O"@5t0@!zFOB Business Forumadvising bank. An advising bank that is not a confirming bank advises the credit and any amendment without any undertaking to honour or negotiate.FOB Business Forum%I8B7q4o/j'M:G0t(t*H6[
b. 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.
)G,u4t1f$K%_&o$T8t1Sc. An advising bank may utilize the services of another bank (?¡ãsecond advising bank?¡À) 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.www.fobshanghai.com!@/D+I)L/w&H9i.o7S!s
d. 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.#U8x'N.\2i8x%y$t
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.
6l,b2D5[)T3o&I.S9O[A Professional Business Forum]f. 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.FOB Business Forum)s1d7d5w%k.g"] S(E5B

5?!{1M)T$[:~FOB Business ForumArticle 10 Amendments
8o2y0{,p#['s;dwww.fobshanghai.coma. Except as otherwise provided by article 38, a credit can neither be amended nor cancelled without the agreement of the issuing bank, the confirming bank, if any,and the beneficiary.
)}#P,V3A$K9pb. 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
5G%Z W4T+I+q)IFOB Business Forumamendment and will be irrevocably bound as of the time it advises theFOB Business Forum){ M(g8? j,_
amendment. 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.[A Professional Business Forum]'f*]/p._(T/n+t.B
c. The terms and conditions of the original credit (or a credit incorporatingwww.fobshanghai.com2o/m*P$C*`1\)M*Y'Y
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.[A Professional Business Forum]8h$P)h5J5K
d. A bank that advises an amendment should inform the bank from which it[A Professional Business Forum]2Z;U9v3B)g%v
received the amendment of any notification of acceptance or rejection.www.fobshanghai.com5W5o$\2W&O3G6`3d
e. Partial acceptance of an amendment is not allowed and will be deemed to be notification of rejection of the amendment./n,s-l9}7U/y'v8n
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 beFOB Business Forum7q+J)Y%I4p'k.k
disregarded.[A Professional Business Forum]#\6H%g:M"B+L$p1w7D
Article 11 Teletransmitted and Pre-Advised Credits and Amendmentsbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business1j:v$m$~3P'F%l"W
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.
!i M'j8C:@5k2E0y"YFOB Business Forumb. A preliminary advice of the issuance of a credit or amendment (?¡ãpre-advice?¡À) 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.
,^*i:\:d1b(n[A Professional Business Forum],n#D#G5n+C.Q4E)x2O6w*q-_
Article 12 Nomination
0F;T6d:^)_2`)K @FOB 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.
.w8e+^8u:?7n/c*t3C[A Professional Business Forum]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.
*S+~&w'W2B%d-p6j/jwww.fobshanghai.comc. 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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business#x+]2o-\9e(n(m
FOB Business Forum(E m-[,}7j*r.}
Article 13 Bank-to-Bank Reimbursement ArrangementsFOB Business Forum.g&| q8t1J9F w
a. If a credit states that reimbursement is to be obtained by a nominated bankwww.fobshanghai.com2Y4]/?6~.|9k9V-}7G*j9a
("claiming bank") claiming on another party ("reimbursing bank"), the credit must state if the reimbursement is subject to the ICC rules for bank-to-bankwww.fobshanghai.com.j8}-~!m0[!u%u8B
reimbursements in effect on the date of issuance of the credit.
2`1w(i)F2r[A Professional Business Forum]b. If a credit does not state that reimbursement is subject to the ICC rules for bankto-bank reimbursements, the following apply:FOB Business Forum-g;z2@'T2n2z9J
i. An issuing bank must provide a reimbursing bank with a reimbursement
;w1A0w'l0x%Gwww.fobshanghai.comauthorization that conforms with the availability stated in the credit. The[A Professional Business Forum]'q2k:n7K2s;~'s
reimbursement authorization should not be subject to an expiry date.www.fobshanghai.com6J1H4}0K3c9[/A
ii. A claiming bank shall not be required to supply a reimbursing bank with a
0|9p5V%z5^3d-k#~*q9Pbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesscertificate of compliance with the terms and conditions of the credit.FOB Business Forum*R8w+N%|,w$p/j;z
iii. An issuing bank will be responsible for any loss of interest, together with
0h$D5s3w2[0g4t/r'Hbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessany expenses incurred, if reimbursement is not provided on first demand by a reimbursing bank in accordance with the terms and conditions of thecredit.FOB Business Forum,\+~)|'i+J)G!W
iv. A reimbursing bank's charges are for the account of the issuing bank.
&V#i7@8P(i2v8Uwww.fobshanghai.comHowever, if the charges are for the account of the beneficiary, it is the[A Professional Business Forum]/|6@*Q;k*j/v+d;J6k4^
responsibility of an issuing bank to so indicate in the credit and in the
*j6~9J!\*S%MFOB Business Forumreimbursement authorization. If a reimbursing bank's charges are for the:h&l5Q7L4W!c
account of the beneficiary, they shall be deducted from the amount due to
$p%S0Z%~*E%OFOB Business Foruma claiming bank when reimbursement is made. If no reimbursement isbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business8}7M"f'Q&M6B
made, the reimbursing bank's charges remain the obligation of the issuing
4e$I!N$[&P*["x;T9{bank.
"E,k$p"y7D*v9C(g7rc. 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.
3I,s6K0N2F0B7f+D/j+W:|business forum,trade forum,business opportunity,Business China,Business India,Brazil businessbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business*q6e/T.N)V*Y.`
[ Last edited by lovegod_hh at 2008-2-6 22:28 ]

Article 14 Standard for Examination of Documents[A Professional Business Forum]7F/\"c-J;p(t
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.www.fobshanghai.com+B,{4C-C1Q0d&H#}
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.
)h2X `,^5G6h+Z3qFOB Business Forumc. 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 theFOB Business Forum!h!D#G"`'s,o$v
beneficiary not later than 21 calendar days after the date of shipment as[A Professional Business Forum].o$p(y#h0A&M
described in these rules, but in any event not later than the expiry date of thebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business-~9b:[!W;G;[&y
credit.
$}5{3_8i$Q,Y*twww.fobshanghai.comd. 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.
/e%r6C1Y1J#t ^(^;N[A Professional Business Forum]e. 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.FOB Business Forum A"o5y(_,~2n%C5y"C
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).FOB Business Forum,x+f9A-S:k0A:l:I$e
g. A document presented but not required by the credit will be disregarded and may be returned to the presenter.[A Professional Business Forum]#p4T+M6d$C3n'Q8o'h
h. 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.FOB Business Forum:J2b-f/_;E
i. 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 Forum&v L7p'x!]:e![
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 Forum.e+a:R"o&D"L)d:R:u'Z
k. The shipper or consignor of the goods indicated on any document need not be the beneficiary of the credit.[A Professional Business Forum].T3E3x;E&i0A/C
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.
5w#w#N3~%W3i,V$w&J[A Professional Business Forum]business forum,trade forum,business opportunity,Business China,Business India,Brazil business a0b:}%L+H6y!u6u
Article 15 Complying PresentationFOB Business Forum$V"P8W(s#R.u;n3p%^
a. When an issuing bank determines that a presentation is complying, it must
7v2R#N"q#I"`,d6h8k:]honour.
*F+h*F3i!DFOB Business Forumb. When a confirming bank determines that a presentation is complying, it must honour or negotiate and forward the documents to the issuing bank.
'D"j$Z7Y+C7Dbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. When a nominated bank determines that a presentation is complying andwww.fobshanghai.com+_&[%A4V1q,}#y+g
honours or negotiates, it must forward the documents to the confirming bank or issuing bank.business forum,trade forum,business opportunity,Business China,Business India,Brazil business/r&f(g*j!s;w0Z
www.fobshanghai.com$j9u$X6P7M;K'G
Article 16 Discrepant Documents, Waiver and NoticeFOB Business Forum5w;a0?+K2I:e;^
a. When a nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank determines that a presentation does not comply, it may refuse to honour or negotiate.
2N6W)`9D&x%X _*d(Dwww.fobshanghai.comb. When an issuing bank determines that a presentation does not comply, it may in its sole judgement approach the applicant for a waiver of the discrepancies. This does not, however, extend the period mentioned in sub-article 14 (b).
;o)R#w-|"W4~4}*_FOB Business Forumc. When a nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank decides to refuse to honour or negotiate, it must give a single notice to that effect to the presenter.[A Professional Business Forum]"f*t7I%C*? Y7r1N)f4f9G!v
The notice must state:FOB Business Forum2g!z/g'N6v*A4V
i. that the bank is refusing to honour or negotiate; and
2u-L/m#u8^9Q7?FOB Business Forumii. each discrepancy in respect of which the bank refuses to honour orFOB Business Forum9F0b#b q!|*n"n2?*@%o3@
negotiate; and[A Professional Business Forum]0M'X f/D3p"j7~,w#E(g2q
iii. a) that the bank is holding the documents pending further instructions from the presenter; or
/U&`6v-N#|b) that the issuing bank is holding the documents until it receives a waiver[A Professional Business Forum]'Z"R,z-M3c,}1x9}9N
from the applicant and agrees to accept it, or receives further instructionsbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business-P"\#b7P,i6_(E.F$U
from the presenter prior to agreeing to accept a waiver; or
%~.Z-v.S(V.i.[!Rbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessc) that the bank is returning the documents; orFOB Business Forum9_*v9A1E2Z5s#L!f
d) that the bank is acting in accordance with instructions previously received from the presenter.
-X6u'C8D'X/}9w.C[A Professional Business Forum]d. 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.
$~,E-`6w.V2q6p1}business forum,trade forum,business opportunity,Business China,Business India,Brazil businesse. A nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank may, after providing notice required by sub-article 16 (c) (iii) (a) or(b), return the documents to the presenter at any time.FOB Business Forum,^2X+c7G9b7P4Y(b
f. If an issuing bank or a confirming bank fails to act in accordance with theFOB Business Forum$T-j(e3v/Q)j4B'H
provisions of this article, it shall be precluded from claiming that the documents do not constitute a complying presentation."T6B._:x,i)O#F1Q3k"{
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.-f0c"V9X2B
business forum,trade forum,business opportunity,Business China,Business India,Brazil business.Q;t.H!@&O$g!e#E#L3b8h
Article 17 Original Documents and CopiesFOB Business Forum'`(m%B7P6~
a. At least one original of each document stipulated in the credit must be presented.[A Professional Business Forum]3f:g$B3C+C!?
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.[A Professional Business Forum];N$B(\([#B9y)I*l
c. Unless a document indicates otherwise, a bank will also accept a document as original if it:www.fobshanghai.com)X7i'["^1z:q-}
i. appears to be written, typed, perforated or stamped by the document
)@,X2G(q&uFOB Business Forumissuer??s hand; orwww.fobshanghai.com2c'\,H;}/B C
ii. appears to be on the document issuer??s original stationery; or
#E4A"H:R8Qwww.fobshanghai.comiii. states that it is original, unless the statement appears not to apply to thebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business"~,Y#B&s9y8Y&L*f4k
document presented.www.fobshanghai.com.K T%G:B0X.X r6S0_
d. If a credit requires presentation of copies of documents, presentation of either originals or copies is permitted.www.fobshanghai.com.])s7z-`-\*t5E-R;g7d/U
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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business4S/l8O4c:C4l
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Article 18 Commercial Invoice(P4O.s"T7C6F
a. A commercial invoice:
7p"Y6j)a3t-?(n!~[A Professional Business Forum]i. must appear to have been issued by the benefic        iary (except as provided in
'M9q:A1N8r7x$j8?2t/iFOB Business Forumarticle 38);business forum,trade forum,business opportunity,Business China,Business India,Brazil business"z-M0\;w0z0T-Y7R"N
ii. must be made out in the name of the applicant (except as provided in subarticle 38 (g));7L:t'X7n8@
iii. must be made out in the same currency as the credit; and0N5]#j*w&[(f#O4t
iv. need not be signed.FOB Business Forum#~.I&P0b"|*{!}!@)W
b. A nominated bank acting on its nomination, a confirming bank, if any, or the issuing bank may accept a commercial invoice issued for an amount in excess of the amount permitted by the credit, and its decision will be binding upon all parties, provided the bank in question has not honoured or negotiated for an amount in excess of that permitted by the credit.business forum,trade forum,business opportunity,Business China,Business India,Brazil business6O&x8M.W-Y!L0R
c. The description of the goods, services or performance in a commercial invoice must correspond with that appearing in the credit.[A Professional Business Forum]%`+Q%`$Q([+W
www.fobshanghai.com:t,F"i1h z8C-r&P%Y%a
[ Last edited by lovegod_hh at 2008-2-7 07:50 ]

Article 19 Transport Document Covering at Least Two Different Modes of Transportbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business,R'h/o+m9~#L8z.S
a. A transport document covering at least two different modes of transportFOB Business Forum%@(L,g"w*S
(multimodal or combined transport document), however named, must appear to:-c/f"[/L9Z7V0{5w5V
i. indicate the name of the carrier and be signed by:
,q$t3n,R(]4]business forum,trade forum,business opportunity,Business China,Business India,Brazil business  the carrier or a named agent for or on behalf of the carrier, orwww.fobshanghai.com"B-Z3E(E0b7C2\"X
  the master or a named agent for or on behalf of the master.[A Professional Business Forum])f![;N)r%~/_.o
Any signature by the carrier, master or agent must be identified as that of the carrier, master or agent.business forum,trade forum,business opportunity,Business China,Business India,Brazil business)w/s-r'f3u6C
Any signature by an agent must indicate whether the agent has signed for or on behalf of the carrier or for or on behalf of the master.
'{6E5U,y6y;Mwww.fobshanghai.comii. indicate that the goods have been dispatched, taken in charge or shipped
!^1O7D4e5h7w6W0lbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesson board at the place stated in the credit, by:
g$A#t"g v/f,q  pre-printed wording, or
!Z6~$Q&T'O#[  a stamp or notation indicating the date on which the goods have been
4e9o.[,P&a-X:Mdispatched, taken in charge or shipped on board.
&@$o!K(L9vFOB Business ForumThe date of issuance of the transport document will be deemed to be the
2F5N4q3C:X6?:e.sdate of dispatch, taking in charge or shipped on board, and the date ofFOB Business Forum3L9`,J9X#o$a%S;o-\!`6~*F
shipment. However, if the transport document indicates, by stamp orwww.fobshanghai.com&z!~7{9`-Z9G$v
notation, a date of dispatch, taking in charge or shipped on board, this[A Professional Business Forum] P*w,q$p4^,k6Z-r1U*W
date will be deemed to be the date of shipment.FOB Business Forum#H1Z$Z$S&H3c-D8l(g!z
iii. indicate the place of dispatch, taking in charge or shipment and the place
"d6V7]"c+Xof final destination stated in the credit, even if:
&J,e.J3l*E"X6Bwww.fobshanghai.coma. the transport document states, in addition, a different place of dispatch, taking in charge or shipment or place of final destination,orFOB Business Forum$`2W t1w p b%q&L
b. the transport document contains the indication "intended" or similarbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business4};O!q.j/?
qualification in relation to the vessel, port of loading or port of
+n%c0f.O&t:A1^+J[A Professional Business Forum]discharge.business forum,trade forum,business opportunity,Business China,Business India,Brazil business-N!A1q"C4?7d7_1K.[,]7b
iv. be the sole original transport document or, if issued in more than one
,K8S;f/_9G!z6G6GFOB Business Forumoriginal, be the full set as indicated on the transport document.[A Professional Business Forum]9o)v:e/W$^+q,{8L4X
v. contain terms and conditions of carriage or make reference to another
7U1q:V8s.g9jbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesssource containing the terms and conditions of carriage (short form or blankFOB Business Forum2Q*~-E2[;C {6Y;~'l
back transport document). Contents of terms and conditions of carriage6[:S&s4^(v7D
will not be examined.www.fobshanghai.com-d/O(l _+E
vi. contain no indication that it is subject to a charter party.!L4h%B$O B#@2N&J:i:p-S
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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business }1{;E"I.Y1A%G1J
c. i. A transport document may indicate that the goods will or may be7U"i)Z*?&l(Q9F8?
transhipped provided that the entire carriage is covered by one and the
)Y;A$G$V5t @business forum,trade forum,business opportunity,Business China,Business India,Brazil businesssame transport document.(|,\&M's1H7r9T"q
ii. A transport document indicating that transhipment will or may take place is acceptable, even if the credit prohibits transhipment.
7s*s%O6a-F4d%U[A Professional Business Forum]
$\ @4x _5P2e*z[A Professional Business Forum]Article 20 Bill of Lading
"^"j5A$j7P!C(U)U8E$@FOB Business Foruma. A bill of lading, however named, must appear to:
5n6A*W#|/?!c)}&FFOB Business Forumi. indicate the name of the carrier and be signed by:
3\8F$T'T.u:O0J7EFOB Business Forum? the carrier or a named agent for or on behalf of the carrier, orFOB Business Forum W,@/N9B7~;j&z#]7T8y!H
? the master or a named agent for or on behalf of the master.business forum,trade forum,business opportunity,Business China,Business India,Brazil business3h,L+Z,~2B*{(y9P
Any signature by the carrier, master or agent must be identified as that ofFOB Business Forum*|5A0L*s5Q
the carrier, master or agent.
(L"x'a:S*W$ZAny signature by an agent must indicate whether the agent has signed forwww.fobshanghai.com-Y$D.W*K;O'],`,p,E$u
or on behalf of the carrier or for or on behalf of the master.
5P5H(?2k-e:U'C/p0?www.fobshanghai.comii. indicate that the goods have been shipped on board a named vessel at the port of loading stated in the credit by:FOB Business Forum0[)N/T9r$s'N2e-K
  pre-printed wording, or[A Professional Business Forum]7h-i7U&@8~4_"k3y1[
  an on board notation indicating the date on which the goods have been
"u/g-v%w0\&c+bFOB Business Forumshipped on board.FOB Business Forum"\%z"`8u3k6]:M*p(j
The date of issuance of the bill of lading will be deemed to be the date of
'R,H)H-D9\www.fobshanghai.comshipment unless the bill of lading contains an on board notation indicating
8u#z/d/A3{"kFOB Business Forumthe date of shipment, in which case the date stated 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 business%O,c%c!@!M/d7A5V5n
If the bill of lading contains the indication "intended vessel" or similar;x+o,{'a9@.k-L:K&}#\
qualification in relation to the name of the vessel, an on board notationbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business0T$C%D#s,s8?%O)N"h |)k3P
indicating the date of shipment and the name of the actual vessel isFOB Business Forum1g'Q7w*B x.a%Q.e
required.business forum,trade forum,business opportunity,Business China,Business India,Brazil business0_+A$x"j8[)c(r:N.Z
iii. indicate shipment from the port of loading to the port of discharge stated in the credit.
4|-]*n6o2^FOB Business ForumIf the bill of lading does not indicate the port of loading stated in the credit!t.E$U#P.?8_
as the port of loading, or if it contains the indication ?¡ãintended?¡À or similar
3U$L8`.B&S(lFOB Business Forumqualification in relation to the port of loading, an on board notation
1O#e4s8~,S!rwww.fobshanghai.comindicating the port of loading as stated in the credit, the date of shipment#z1b0@9x4Y&R3m
and the name of the vessel is required. This provision applies even whenbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business/G)G6H7F&C!\
loading on board or shipment on a named vessel is indicated by preprinted
8y.q%{+|*?,sFOB Business Forumwording on the bill of lading.
#k+i"p3O9E,S1e9K)Kwww.fobshanghai.comiv. 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.
&J6f!f3a3v/o8\&^6Xv. contain terms and conditions of carriage or make reference to another
,y0u8{/X$E*r[A Professional Business Forum]source containing the terms and conditions of carriage (short form or blank[A Professional Business Forum]'z%W*^7N9k&f.[%c
back bill of lading). Contents of terms and conditions of carriage will not beFOB Business Forum$X$o.Y2G"n4P,z/S1T
examined.
;I&e,]:q1o8D2v'} Rvi. contain no indication that it is subject to a charter party.www.fobshanghai.com"S#E+Q+Q1i'i.t
b. For the purpose of this article, transhipment means unloading from one vessel and reloading to another vessel during the carriage from the port of loading to the port of discharge stated in the credit.
q/v6x-F8N1w%f)@business forum,trade forum,business opportunity,Business China,Business India,Brazil businessc. i. A bill of lading may indicate that the goods will or may be transhippedFOB Business Forum&o7J0K8T+D9t
provided that the entire carriage is covered by one and the same bill of
:d(s8e1[)k3}2t/vlading./X#v/_5O'W-q4d3E(A
ii. A bill of lading indicating that transhipment will or may take place is
5X j:_ e/D6_1Iwww.fobshanghai.comacceptable, even if the credit prohibits transhipment, if the goods have[A Professional Business Forum],k'g%F%}&E%](?
been shipped in a container, trailer or LASH barge as evidenced by the bill
-u7C n)A2A-CFOB Business Forumof lading.
!b!p;Y-t;y3hwww.fobshanghai.comd. Clauses in a bill of lading stating that the carrier reserves the right to tranship will be disregarded.
1|;X!f5S"M,U&[6x*`&][A Professional Business Forum]FOB Business Forum'} l6~8[(U(]%E(\+m7z
Article 21 Non-Negotiable Sea Waybillbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business"r$B-T1_"V&x
a. A non-negotiable sea waybill, however named, must appear to:
7X c$z)k.i4r!E7U1^ nFOB Business Forumi. indicate the name of the carrier and be signed by:FOB Business Forum2A$M1a+c*H!^;w/]
? the carrier or a named agent for or on behalf of the carrier, or
2n-p#x4B7j%Mwww.fobshanghai.com? the master or a named agent for or on behalf of the master.
/F4X#t9l(}1P(G&V)~-Xwww.fobshanghai.comAny signature by the carrier, master or agent must be identified as that ofFOB Business Forum+U(H9s/@5w
the carrier, master or agent.4x'i/w%e+b*F4Q5j
Any signature by an agent must indicate whether the agent has signed forFOB Business Forum"a,w(D$?5@(^ ~
or on behalf of the carrier or for or on behalf of the master.
$G$}%U4}"f.u&x%pii. indicate that the goods have been shipped on board a named vessel at[A Professional Business Forum]-n0p(G)P'|-q'o
the port of loading stated in the credit by:[A Professional Business Forum]&Q M9b0W:J9D1Y6z&h+B v
  pre-printed wording, or
,U)`*{/F.l;];tbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business  an on board notation indicating the date on which the goods have beenwww.fobshanghai.com-a!y0Q'H0K3o!B%?
shipped on board.FOB Business Forum&r:`(A8\/`${;S+Y5p
The date of issuance of the non-negotiable sea waybill will be deemed to
%x$^)|$W+p1a6p6mbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessbe the date of shipment unless the non-negotiable sea waybill contains anbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business%W7u![%X9Q$[ _ h
on board notation indicating the date of shipment, in which case the date
0y2j.Y9r8C"S+l6E;Hstated in the on board notation will be deemed to be the date of shipment.8s){;e,{!K:w0p
If the non-negotiable sea waybill contains the indication "intended vessel"&B6Q3z*J%m.K2Z8n
or similar qualification in relation to the name of the vessel, an on board[A Professional Business Forum]8O/j#W:n0v3].}0r
notation indicating the date of shipment and the name of the actual vessel
8a;D)@&_&K!P)W;Fis required.
4^#D1?$a'zFOB Business Forumiii. indicate shipment from the port of loading to the port of discharge stated in the credit.FOB Business Forum7S"s,T&Q.m#?
If the non-negotiable sea waybill does not indicate the port of loadingFOB Business Forum!K+v7d&B&G5g4q$T/g&[*Z
stated in the credit as the port of loading, or if it contains the indication
$[.k9v"d/_2q;j/p#z.UFOB Business Forum?¡ãintended?¡À or similar qualification in relation to the port of loading, an onFOB Business Forum:L(t/S-O.Y,\2u2`
board notation indicating the port of loading as stated in the credit, theFOB Business Forum)g9|$N.q&x7R-v'N*y
date of shipment and the name of the vessel is required. This provisionFOB Business Forum2i1{'m5h!V3q
applies even when loading on board or shipment on a named vessel is
4[&b']3i3J;P*I1u'M:W/D[A Professional Business Forum]indicated by pre-printed wording on the non-negotiable sea waybill.business forum,trade forum,business opportunity,Business China,Business India,Brazil business/]-s'm7c&o
iv. be the sole original non-negotiable sea waybill or, if issued in more thanFOB Business Forum3C ` ~;c"s
one original, be the full set as indicated on the non-negotiable sea waybill.
-K-P!k-R+q:Xbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessv. contain terms and conditions of carriage or make reference to another
%X8D%t8r!Y0n#D(`%M+\"Z7p)isource containing the terms and conditions of carriage (short form or blank
!]:b%[0|6u'[/g1u p0^back non-negotiable sea waybill). Contents of terms and conditions of[A Professional Business Forum]+J&]!@*i.y*r*W/A:a*]
carriage will not be examined.FOB Business Forum6U%t4P,]&J
vi. contain no indication that it is subject to a charter party.
;R(L-`/q'T/H9vFOB Business Forumb. 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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business6{%O,j&]-h2D+s
c. i. A non-negotiable sea waybill may indicate that the goods will or may be
6m9l G!Q-I4{!]1sbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesstranshipped provided that the entire carriage is covered by one and thewww.fobshanghai.com'w;n'?)}-r(I:t
same non-negotiable sea waybill.
2u1j0c-e%d7@[A Professional Business Forum]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.business forum,trade forum,business opportunity,Business China,Business India,Brazil business+}7H:h)Q/o ^8R;H,v ?
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 Lading
5G8o%~3O,gFOB Business Foruma. 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:
3w*y6z3V(~:q1xi. be signed by:www.fobshanghai.com&H5v4{0@4M,}:]!l%|6P
  the master or a named agent for or on behalf of the master, or
2]:]6V:q:L  the owner or a named agent for or on behalf of the owner, or
/J.{"]'U6x2g6}${business forum,trade forum,business opportunity,Business China,Business India,Brazil business  the chatterer or a named agent for or on behalf of the charterer.www.fobshanghai.com0Z f%w-?3?5D#b%\1q
Any signature by the master, owner, charterer or agent must be identified*\+B"G9J7\8L,t
as that of the master, owner, charterer or agent.
7e5X&{#V0@"Bwww.fobshanghai.comAny signature by an agent must indicate whether the agent has signed for
;t4o!t0I:e+M%Y*z2T1G5[[A Professional Business Forum]or on behalf of the master, owner or charterer.FOB Business Forum X9L*[;n's
An agent signing for or on behalf of the owner or charterer must indicate
:x'l0C+M.]%z:gwww.fobshanghai.comthe name of the owner or charterer.FOB Business Forum1Z(\5R)r/p5g.G
ii. indicate that the goods have been shipped on board a named vessel atFOB Business Forum)h7?1g-r"K0x
the port of loading stated in the credit by::[;y8d7l*t*C(x3q
  pre-printed wording, or
*C%Z;C:b$J+Y;t-R9g+M[A Professional Business Forum]  an on board notation indicating the date on which the goods have been[A Professional Business Forum]#R:q1m4e6H;B*[
shipped on board.FOB Business Forum&o7?'j5a%A$f9^$Q0`(s$B
The date of issuance of the charter party bill of lading will be deemed to beFOB Business Forum&d4g#T%_2F2X6[
the date of shipment unless the charter party bill of lading contains an onwww.fobshanghai.com-Q,{3H#[%l Z7N/{4|1^
board notation indicating the date of shipment, in which case the dateFOB Business Forum&E*R4B$C.`"[
stated in the on board notation will be deemed to be the date of shipment.
0a)U;^"a F8Q,?;n)f'k5ziii. 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 orbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business n5_,}'c:u)L6N"J
a geographical area, as stated in the credit.5o b'q0z"m1x6~.d
iv. be the sole original charter party bill of lading or, if issued in more than8t5w5v!z9y
one original, be the full set as indicated on the charter party bill of lading.
/B0c0l,@-Vbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessb. A bank will not examine charter party contracts, even if they are required to be presented by the terms of the credit.
(Y+g&?#I7CFOB Business Forum
3P!},G*s8V3e.}!OArticle 23 Air Transport Documentbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business2@%h/[2_#{&n4M-V!W%G:u
a. An air transport document, however named, must appear to:FOB Business Forum$m&x,J1?+v x
i. indicate the name of the carrier and be signed by:FOB Business Forum7F'V#e6T1M,m2};P
  the carrier, or a named agent for or on behalf of the carrier.+n'j+~3h8n-l4O/|)v4~
Any signature by the carrier or agent must be identified as that of the(o0O!I9w;J
carrier or agent.FOB Business Forum&i,k4t6O7M$u
Any signature by an agent must indicate that the agent has signed for or
.A9z"J;t,Ron behalf of the carrier.
7y1]&X5V)w'C5K+K$@7vbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessii. indicate that the goods have been accepted for carriage.
2i%M.C x*N/B/l[A Professional Business Forum]iii. indicate the date of issuance. This date will be deemed to be the date ofFOB Business Forum#T/d1R/N:b#K
shipment unless the air transport document contains a specific notation of
1z.R:O'[/n*w)Q1k0]6@8m2l0h8Nbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessthe actual date of shipment, in which case the date stated in the notation
6M)^+n1L6~'K-x+S*v.y*gwill be deemed to be the date of shipment.
3o$t1p%Y7v%r.|[A Professional Business Forum]Any other information appearing on the air transport document relative to[A Professional Business Forum](m5o3{2M,R+h*b
the flight number and date will not be considered in determining the dateFOB Business Forum/Q%E*`3Y/u"B1G2N1P
of shipment.&C+I2y-Y5B-C.r({%@4n0|
iv. indicate the airport of departure and the airport of destination stated in the[A Professional Business Forum]8h-i9f2B;k*o(J2l,F#I9j/_4F
credit.www.fobshanghai.com0r4h-~.i2Y'F"x!d)w
v. be the original for consignor or shipper, even if the credit stipulates a full
)^!K9l \ h7v;f6E;T9xFOB Business Forumset of originals.
(\:X"y/L&S5`*dFOB Business Forumvi. contain terms and conditions of carriage or make reference to another
,D!Q7Q4y'd6Z0`www.fobshanghai.comsource containing the terms and conditions of carriage. Contents of termsFOB Business Forum6U0o"e%{1O-A a,b.K
and conditions of carriage will not be examined.FOB Business Forum-o*I!|3E7H
b. 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.
#R3u }1`,g1D#}:V6f5b!F9i[A Professional Business Forum]c. i. An air transport document may indicate that the goods will or may beFOB Business Forum*Z-W4i+t3A
transhipped, provided that the entire carriage is covered by one and thebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business,j&\.^6e!e5N&`)K
same air transport document.
k0S5\4H9H0Y9x!`FOB Business Forumii. An air transport document indicating that transhipment will or may take
1e1a o;U,n'K V.jwww.fobshanghai.complace is acceptable, even if the credit prohibits transhipment.www.fobshanghai.com5R;b-v+b'i(T1n:J

!U6Q*c:M!y0L:YFOB Business ForumArticle 24 Road, Rail or Inland Waterway Transport DocumentsFOB Business Forum,k$\-Q'p-l7G I
a. A road, rail or inland waterway transport document, however named, mustbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business'@-b2r)V'N7Y6Z
appear to: G s)J0\0c(l
i. indicate the name of the carrier and:
6N.Q(Z%a7}  be signed by the carrier or a named agent for or on behalf of thebusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business3t-F,L3j)m0y;R(x
carrier, or1A:x1M,s `-{$B/J,Q
  indicate receipt of the goods by signature, stamp or notation by the
5h"W$W%B/t"N;Zbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businesscarrier or a named agent for or on behalf of the carrier.
#v n7]%x.@8][A Professional Business Forum]Any signature, stamp or notation of receipt of the goods by the carrier or[A Professional Business Forum]4[6I u.r$?4L.U(k-D8}
agent must be identified as that of the carrier or agent.FOB Business Forum;_+d5C1?!W9T,P5k
Any signature, stamp or notation of receipt of the goods by the agent mustFOB Business Forum:]4X-f6b%@:O#v5T$r
indicate that the agent has signed or acted for or on behalf of the carrier.business forum,trade forum,business opportunity,Business China,Business India,Brazil business%i.H$Y;@6w0r
If a rail transport document does not identify the carrier, any signature or
$B4Q+c!~){6s&B0~4X7jFOB Business Forumstamp of the railway company will be accepted as evidence of the document being signed by the carrier.www.fobshanghai.com"V6X){#M.X#A.?8j)C;w)T"g
ii. indicate the date of shipment or the date the goods have been received for
)Z1E;w \!c(b5j5N$P:Eshipment, dispatch or carriage at the place stated in the credit. Unless the
4P+h$f9k5L&D.a[A Professional Business Forum]transport document contains a dated reception stamp, an indication of the
5B)r(y!N)k&o%_FOB Business Forumdate of receipt or a date of shipment, the date of issuance of the transportFOB Business Forum%r8K$l(B!@"r%U
document will be deemed to be the date of shipment.
/k3O"[8P'y&Z)Bbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessiii. indicate the place of shipment and the place of destination stated in thewww.fobshanghai.com5A2U6m;@/B!c
credit.www.fobshanghai.com7H-g(})k.v6S8y
b. 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
-h)U8l9l9Q(N8]0wprepared.www.fobshanghai.com+X4I$F6H0x!q&]
ii. A rail transport document marked ?¡ãduplicate?¡À will be accepted as an
,D!l0|-~)l(N._%@FOB Business Forumoriginal.(F!@;A%W6H.x:\-q
iii. A rail or inland waterway transport document will be accepted as an
#U+L(_/F&[2v%~"x3\3fFOB Business Forumoriginal whether marked as an original or not.
-w,q/a+N!N9m;iwww.fobshanghai.comc. In the absence of an indication on the transport document as to the number of originals issued, the number presented will be deemed to constitute a full set.
*V9P2Y;l!S(x/@1xFOB Business Forumd. For the purpose of this article, transhipment means unloading from one means of conveyance and reloading to another means of conveyance, within the same mode of transport, during the carriage from the place of shipment, dispatch or carriage to the place of destination stated in the credit.www.fobshanghai.com"x.m&_/["F4j
e. i. A road, rail or inland waterway transport document may indicate that the goods will or may be transhipped provided that the entire carriage is
9{(R*N6v3@)H!C$?!T6V[A Professional Business Forum]covered by one and the same transport document.
8r#`5k+@%a-V;i5r"|[A Professional Business Forum]ii. A road, rail or inland waterway transport document indicating that
#O0^6e:s)o4W/o Y%Dtranshipment will or may take place is acceptable, even if the credit[A Professional Business Forum]#t"S%Z&F1z!c3K#W(q;p,[
prohibits transhipment.business forum,trade forum,business opportunity,Business China,Business India,Brazil business2U+A5x3h-`
www.fobshanghai.com9a'm*l0I2x9`#U%U:S
Article 25 Courier Receipt, Post Receipt or Certificate of Postingwww.fobshanghai.com!t)t4O#m'h&s/G-g
a. A courier receipt, however named, evidencing receipt of goods for transport,must appear to:FOB Business Forum,W"D-a%g'R0B2x9m*J'y
i. indicate the name of the courier service and be stamped or signed by the
&e:k3t5P"T6S3^#H%{FOB Business Forumnamed courier service at the place from which the credit states the goodswww.fobshanghai.com,Q*W!M$y5W%S0h T1H
are to be shipped; andbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil business'S7\6m&p*g1G4z
ii. indicate a date of pick-up or of receipt or wording to this effect. This datewww.fobshanghai.com9k4w9r4a-X8E5v
will be deemed to be the date of shipment.www.fobshanghai.com3d1V$t0W$M,i'R9G:p
b. A requirement that courier charges are to be paid or prepaid may be satisfied by a transport document issued by a courier service evidencing that courier charges are for the account of a party other than the consignee.
!\*n7w,`1i5u M.h[A Professional Business Forum]c. A post receipt or certificate of posting, however named, evidencing receipt of goods for transport, must appear to be stamped or signed and dated at the place from which the credit states the goods are to be shipped. This date will be deemed to be the date of shipment.FOB Business Forum8e0[5S1?9R!a,g
[A Professional Business Forum]#^.|/v8g6E(c.\-}$`
Article 26 "On Deck", "Shipper's Load and Count", ?¡ãSaid by Shipper to Contain?¡Àand Charges Additional to Freight
&~%|5I*_2B6\ a1u k[A Professional Business Forum]a. A transport document must