Buyer Refuses Payment Over Shippers Misrepresented Cargo

Buyer Refuses Payment Over Shippers Misrepresented Cargo

This paper explores the legal boundaries of a buyer's refusal to pay for goods when the contract stipulates that "the quantity delivered is subject to the quantity reported by the shipper," using an international trade case study. It analyzes the arbitration tribunal's reasoning and provides risk prevention advice for buyers, emphasizing the importance of risk management in international trade. The case highlights the potential disputes arising from quantity discrepancies and underscores the need for clear contractual terms and due diligence in verifying shipment details to mitigate financial risks.

TSB Bank SWIFT Code Guide for International Transfers

TSB Bank SWIFT Code Guide for International Transfers

This article provides a detailed overview of the SWIFT/BIC code for TSB BANK PLC, emphasizing its significance in international remittances. The SWIFT code TSBSGBKBXXX offers essential information for customers to carry out secure and reliable cross-border fund transfers, helping users to avoid issues related to remittance errors due to incorrect coding.