{"id":944,"date":"2018-03-06T01:36:53","date_gmt":"2018-03-06T06:36:53","guid":{"rendered":"http:\/\/www.letterofcredit.biz\/?p=944"},"modified":"2019-04-07T04:30:40","modified_gmt":"2019-04-07T08:30:40","slug":"unclean-multimodal-bill-of-lading-presented-discrepancy","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/06\/unclean-multimodal-bill-of-lading-presented-discrepancy\/","title":{"rendered":"Unclean Multimodal Bill of Lading Presented Discrepancy"},"content":{"rendered":"<p>Banks accept only clean transport documents.<\/p>\n<p>Banks do not accept any unclean transport document such as unclean bill of lading, unclean multimodal bill of lading, unclean charter party bil of lading, unclean road transport document, unclean air transport document, unclean sea waybill etc.<\/p>\n<p>Letter of credit rules define clean transport document as follows: \u201cA clean transport document is one bearing no clause or notation expressly declaring a defective condition of the goods or their packaging.\u201d<\/p>\n<p>There are two important points about the clean transport documents subject that everyone must know.<\/p>\n<p>The first important point is that the word &#8220;clean&#8221; need not appear on a transport document, even if a credit has a requirement for that transport document to be &#8220;clean on board\u201d.<\/p>\n<p>The second important point is that only express clauses or notations on the transport documents would make them unclean.<\/p>\n<p>If transport document is not to include a clause that expressly declare a defective condition of the goods or their packaging, then it is accepted as a clean transport document.<\/p>\n<p><span style=\"color: #ff6600;\"><strong>Sample Clauses That Make a Transport Document Unclean:<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px;\">\u2022 Packaging is not sufficient for the sea journey<br \/>\n\u2022 Goods which improperly stored at the port of loading have been shipped on board partially wet and not in good condition.<\/p>\n<p>Let us try to understand the subject with an example as below:<\/p>\n<h4><strong>Letter of Credit Discrepancy Example: Unclean Multimodal Transport Document Presented Discrepancy<\/strong><\/h4>\n<p>A letter of credit has been issued in SWIFT format, subject to UCP latest version, with the following details:<\/p>\n<p style=\"text-align: center;\"><strong><span class=\"td_text_highlight_marker_blue td_text_highlight_marker\">Letter of Credit Conditions<\/span><\/strong><\/p>\n<p><strong>Field 45A: Description of Goods and or Services:<\/strong> Furniture and Equipment<\/p>\n<p><strong>Field 46A: Documents Required:<\/strong> Full set of clean on board multimodal transport document marked freight collect made out to order of Commercial Bank of Ethiopia marked notify applicant indicating that the goods have been dispatched, taken in charge or loaded on board.<\/p>\n<p>The beneficiary presented a multimodal transport bill of lading with the following clause:<\/p>\n<blockquote class=\"td_quote_box td_box_center\"><p>Container is not properly closed and sealed, overloaded and packaging is not sufficient for the sea journey.<\/p><\/blockquote>\n<p style=\"text-align: center;\"><span class=\"td_text_highlight_marker_pink td_text_highlight_marker\"><strong>Multimodal Bill of Lading<\/strong><\/span><\/p>\n<p><a href=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/unclean-multimodal-bill-of-lading.png\"><img decoding=\"async\" class=\" td-modal-image aligncenter wp-image-948 size-full\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/unclean-multimodal-bill-of-lading.png\" alt=\"Unclean multimodal bill of lading\" width=\"519\" height=\"306\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/unclean-multimodal-bill-of-lading.png 519w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/unclean-multimodal-bill-of-lading-300x177.png 300w\" sizes=\"(max-width: 519px) 100vw, 519px\" \/><\/a><\/p>\n<p><strong>Discrepancy:<\/strong> Unclean multimodal bill of lading presented.<\/p>\n<p><strong>Reason for Discrepancy:<\/strong> A bank will only accept a clean transport document. A clean transport document is one bearing no clause or notation expressly declaring a defective condition of the goods or their packaging.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banks accept only clean transport documents. Banks do not accept any unclean transport document such as unclean bill of lading, unclean multimodal bill of lading, unclean charter party bil of lading, unclean road transport document, unclean air transport document, unclean<\/p>\n","protected":false},"author":1,"featured_media":953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83,85],"tags":[84,144,145,118,119],"class_list":["post-944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-letter-of-credit-discrepancies","category-multimodal-bill-of-lading-discrepancies","tag-letter-of-credit-discrepancies","tag-multimodal-bill-of-lading","tag-multimodal-bill-of-lading-discrepancy","tag-unclean-bill-of-lading","tag-unclean-bill-of-lading-discrepancy"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/comments?post=944"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/953"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}