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Only electronic air waybills to be accepted soon in Oman

10/03/2020

Muscat: In order to facilitate and develop customs services, the Royal Oman Police (ROP) announced the start of the electronic air Waybill (e-policy) system.

The ROP said in a statement: "The Directorate General of Customs at ROP invites all its clients to submit the air waybill electronically, including all the information and data mentioned in the original waybill."

"The directorate will not accept paper documents from the 1st of April 2020, based on provisions of articles 46 and 48 of the unified customs law, which require the air carrier or the handling authority to submit waybills electronically."

The ROP called on all transport and handling companies operating in the airspace to take advantage of this feature within the electronic Bayan system.

 

(Source: Times of Oman – 8 March 2020)

 


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We, as the issuing bank, requested the below document, under field 46A. “Insurance policy/certificate for 10.00 percent above CIF value payable to the order of Sampath bank PLC, covering institute cargo clauses (a), institute war clauses (cargo), institute strike clauses (cargo), transshipment risks marked premium paid claims payable in Colombo irrespective of percentage.” Insurance certificate is presented containing below wording on the face side of the document. “The settlement of loss and damage will be effected, unless otherwise provided, through the intermediary of Marsh SA/NV to whom all documents are to be forwarded for this purpose, and will collect the indemnity under deduction of a commission of one percent” Also, it indicates the LC conditions as a mirror image as follows under the heading of "letter of credit conditions" whereas insurance conditions are incorporated separately in the certificate: "covering institute cargo clauses (A), institute war clauses (cargo), institute strike clauses (cargo), transshipment risks marked premium paid claims payable in Colombo irrespective of percentage" Having considered the above clauses, we have quoted below discrepancies. 1) Insurance policy indicates a deductible of 1 pct instead of irrespective of percentage. 2) Insurance not marked premium paid Beneficiary’s bank disagrees with our discrepancy and raised below argument: “Insurance policy/certificate does not indicate a deductible of 1 pct irrespective of percentage on the face of the document and banks will not examine terms and condition in insurance document as per ISBP paragraph K22 and marked as premium paid under the LC conditions. Considering above, may we have your opinion on the discrepancy quoted by us and the counter argument raised by the beneficiary’s bank.