| In the credit term, it required 1 copy of inspection certificate that was issued by a credit applicant. So the applicant company "A" dispatched the chief executive to inspect the goods and issued a inspection certificate with his signature and present it with other documents to a opening bank but a rejection notification came stating a discrepancy with signature.
Case study
1. Unspecified issuers in other documents
Based on the U.C.P., the other documents are, "documents other than shipping documents, insurance documents and a commercial invoice, and for these documents, there should be indication stating the issuer, wording on documents and the standards of the recording contents. (Article 21 of U.C.P)
If there is no regulation recorded for the documents, a bank should accept the documents as is and such other documents must not be discontent to the commercial invoices in the contents and other documents that were presented to a bank.
2. Issuers and the representative of issuers
Referring to the I.C.C., the inspection certificate must have the applicants signature not a director of the applicant's company therfore, the document can be reviews as discrepancy one. (I.C.C. pub 489 case No.226). |
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21-Unspecified Issuers or Contents of Documents
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