Draft with Bill of Lading Attached. Should Collecting Bank Permit Drawee to Examine Goods?
This section is from the book "Canadian Banking Practice", by John T. P. Knight.
This section is from the "" book, by .
Draft with Bill of Lading Attached. Should Collecting Bank Permit Drawee to Examine Goods?
Question 546 - A draft is received for collection from a western bank with a bill of lading "to order" attached, instructions being "surrender bill of lading on payment." Drawee asks for permit to examine goods: can collecting bank grant it?
Answer. - We do not think the bank ought to interfere in such a point without the approval of the parties interested.
Continue to:
My Books
