Collyer Consulting

Recent News

New platform for conducting Bank Payment Obligation (BPO) transactions 09/12/2019

Further to our news item of 19 November, there has recently been a further update on the Cmatch platform that is being made available by essDOCS...more

New platform for conducting Bank Payment Obligation (BPO) transactions 19/11/2019

In our news item of 7 May 2019, we reported that SWIFT had decided to decommission their Trade Service Utility (TSU) platform and transaction matching application with effect from December 2020...more

Latest Question

A credit does not mention the gross weight of the goods. The Invoice shows the weight as 25,000 kgs. The Certificate of Origin indicates total gross weight as 25,000kgs while the Bill of Lading indicates gross weight cargo: 26,500 kgs and the box Tare (kgs) is not completed. The issuing bank raises the discrepancy: Gross weight on Certificate of Origin is inconsistent with the one on Bill of Lading. Then, the presenting bank argues that the gross weight on Bill of Lading is including tare weight of the container (the goods is packed in a container) while the one shown on Certificate of Origin is not. Therefore, the discrepancy is invalid. Which bank is right in this case?

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September 2019

Recent News

New platform for conducting Bank Payment Obligation (BPO) transactions 09/12/2019

New platform for conducting Bank Payment Obligation (BPO) transactions 19/11/2019

Latest Question