RULE: 2.8L - LETTER OF CREDIT/LEGALIZATION HANDLING & FEES - PER B/L Eff: 23FEB2015
| Effective | 23FEB2015 |
|---|---|
| Filed | 23FEB2015 |
| Filing Codes | IC |
Except as otherwise provided on individual Web Rate Pages (TLIs),
Carrier will transport a shipment moving on a Bank Letter of Credit
(L/C) SBJ to the following requirements and fees. Shipments moving on
an L/C will still be SBJ to all requirements provided in Rule 2.8. In
all instances Shipper, Consignee and/or their Agent shall hold Carrier
harmless from, and will be jointly and severally liable for, any fines,
processing charges or penalties assessed against any shipment moving on
an L/C as the result of errors, omissions, mis-declarations or
inaccuracies in any shipping document or filing whether intentional or
not. Finally Shipper, Consignee and/or their Agent shall be, and will
remain, jointly and severally liable for the payment of all Carrier
charges regardless of terms and conditions of, or the failure of, any
L/C.
a. Shipper MUST obtain prior approval from Carrier before tendering any
shipment that will move on an L/C and/or that requires legalization.
Carrier will consider acceptance of such shipments ONLY after
Shipper has provided Carrier with a copy of the full rules and
regulations required for the collection of funds through the L/C.
b. Carrier will assess the Letter of Credit Preparation/Processing Fee
(L/CF) named below on any shipment accepted for transportation that
moves on an L/C, which charge shall be in addition to all other
applicable charges.
CURRENCY LETTER OF CREDIT PREP/PROCESSING FEE
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USD 250.00
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c. When Legalization at origin or destination is required on any
shipment, Carrier will advance all charges and fees assessed by any
Governmental or Administrative Agency for collection with Carrier's
freight and additional charges. In addition Carrier will assess the
Legalization Handling Fee named below, which charge shall be in
addition to all other applicable charges.
CURRENCY LEGALIZATION HANDLING FEE
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USD 25.00 per each Agency
requiring legalization
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d. When requested or required, Carrier will provide pouch courier
service of all required documentation SBJ to the Courier/Pouch
Service named below, which charge shall be in addition to all other
applicable charges.
COURIER/POUCH CURRENCY CHARGE PER POUCH
SERVICE
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Within the
United States: USD 25.00
International
Pouch Service USD 75.00
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