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Respected Sir/Madam,

Please guide me regarding the L/C clause No. 47 A 8 as per latest version of UCP 600, As my Bank from where I am establishing my L/C's mentions in the clause 47 A 8 that if my shipping documents have any discrepancy they will charge the beneficiary of the said L/C US $ 50/= as discrepancy charges.

How far it is correct?

And suppose I give them in writing at the time of receiving my original shipping documents that I will accept the discrepancy, Still they will charge US $ 50/= from the beneficiary of the said L/C ? or they will not charge ?

Please guide me.

With best regards.

Afzal.

Karachi

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15y ago

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