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  • November 25, 2020 CAN AN SBLC BE AVAILABLE WITH A NOMINATED BANK OTHER THAN THE CONFIRMING BANK ?
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CAN AN SBLC BE AVAILABLE WITH A NOMINATED BANK OTHER THAN THE CONFIRMING BANK ?

By Mr Old Man
November 25, 2020
in :  Mr Old Man, Q&A
2
449

QUESTION Dear Mr. Old Man, My company, as applicant has request our bank to issue a SBLC and a international branch of the issuing bank confirmed such LC. The confirmation was needed because of the lower credit rating of the Brazilian entity. The beneficiary of the SBLC requested us to include its bank as advising bank and it was done …

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CORONAVIRUS & SỰ KIỆN BẤT KHẢ KHÁNG

By Mr Old Man
January 31, 2020
in :  Articles, Mr Old Man, Q&A
3
1,513

Picture obtained from South China Morning Post Tạp chí Trade Services Update đang diễn ra một cuộc tranh luận về sự kiện bất khả kháng liên quan đến sự bùng phát dịch viêm phổi gây ra bởi coronavirus ở Vũ Hán. Tình huống như sau: LC quy định thanh toán tại Ngân hàng được chỉ định (NHĐCĐ) và chứng từ …

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AI CÓ VỀ QUÊ HƯƠNG GÒ NỔI

By Mr Old Man
January 6, 2020
in :  Lifestyle, Mr Old Man, Q&A
0
1,312

Ai có về quê hương Gò Nổi Miền đất mới giờ đã lên xanh (*) Chủ Nhật tuần trước đạp xe đạp check-in làng Đo Đo trong Mắt Biếc của nhà văn Nguyễn Nhật Ánh khi đi ngang qua cầu Câu Lâu nhìn thấy Gò Nổi ở giữa sông Thu Bồn, Mr. Old Man đã nghĩ tới Chủ Nhật kế …

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ICC HƯỚNG DẪN SỬ DỤNG HỐI PHIẾU TRONG GIAO DỊCH LC

By Mr Old Man
November 12, 2019
in :  Articles, Mr Old Man, Q&A
4
1,218

Hối phiếu trong giao dịch L/C đã và đang là vấn đề tranh luận không có hồi kết trên các diễn đàn của công đồng những người thực hành thanh toán quốc tế và các chuyên gia tài trợ thương mại rằng L/C có nên yêu cầu xuất trình hối phiếu hay không, ngân hàng/người mở L/C có thể từ …

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DRAWEE UNDER LC AVAILABLE BY ACCEPTANCE

By Mr Old Man
January 28, 2019
in :  Mr Old Man, Q&A
2
2,692

QUESTION Dear Mr. Old Man I need your kind advice on the below situation: An usance LC of 180 days has been issued by RBL Bank, India to Axis Bank, Dubai (direct RMA) Field 41 D: AXIS BANK, BY ACCEPTANCE Field 42 C: DRAFTS AT 180 DAYS FORM THE DATE OF SHIPMENT Field 42 A: DRAWEE: RBL BANK LTD, MUMBAI, …

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FREIGHT PREPAID VS FREIGHT PAYABLE AT BASEL

By Mr Old Man
January 28, 2019
in :  Mr Old Man, Q&A
0
2,631

QUESTION Dear Mr. Old Man, LC requires: Full set of original Bills of Lading made out to order of the issuing bank marked FREIGHT PREPAID… Presented Bill of Lading indicates “FREIGHT PREPAID” and also indicates “FREIGHT PAYABLE AT BASEL”. Can I raise the discrepancy “Bill of Lading shows conflicting information about freight , i.e., Bill of Lading indicates “FREIGHT PREPAID” …

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SHORT DRAWN AND SHORT SHIPMENT

By Mr Old Man
January 4, 2019
in :  Mr Old Man, Q&A
3
1,718

QUESTION Dear Mr. Old Man, I need your opinion on the following case: LC stated: + Quantity: 1000 MT (+/- 10%) + Unit price: USD 100 + Total amount: USD 100,000 (+/- 10%) + Packing: in 5 containers + Partial shipments allowed In May the beneficiary made the 1st presentation for USD 30,000 covering shipment of 300 MT packed in …

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MUST THE COURIER RECEIPT INDICATE CONTRACT NUMBER AND DATE ?

By Mr Old Man
January 3, 2019
in :  Mr Old Man, Q&A
0
821

QUESTION Dear Mr. Old Man, LC required: Field 46A (amongst other documents): Beneficiary’s certificate along with relevant Courier receipt certifying that one set of photocopied shipping documents plus 1/3 original bill of lading has been sent to the applicant within 5 days after shipment date. Field 47A: “All documents must show contract number and date”. All presented documents including the …

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COPIES OF DOCUMENTS NEED NOT BE SIGNED

By Mr Old Man
January 2, 2019
in :  Mr Old Man, Q&A
0
954

QUESTION Dear Mr. Old Man, Field 46A: Signed commercial invoice in 3 originals and 3 copies. Field 47A: All documents must be manually signed. I want to know whether copies of invoice must be signed manually. Thank you in advance for your advice. Best regards, T.H —- ANSWER Hi, My quick answer is NO. According to ISBP 745 A31 (b), …

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MUST THE ISSUING BANK REIMBURSE WHEN THE NOMINATED BANK PROVIDES THE MISSING DOCUMENT ?

By Mr Old Man
December 27, 2018
in :  Mr Old Man, Q&A
0
788

QUESTION Dear Mr. Old Man, LC issued by our bank required presentation of Inspection Certificate in 01 original and 02 copies. However, the nominated bank presented only 01 original and 01 copy. We raised the discrepancy “Inspection Certificate: 01 original and 01 copies presented instead of 01 original and 02 copies”. The nominated bank sent our bank another copy of …

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ĐẠP XE THĂM ĐỊA ĐẠO KỲ ANH

Mr Old Man
2 weeks ago

KHE RĂM – ĐIỂM ĐẾN HẤP DẪN CÁC PHƯỢT THỦ

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December 13, 2020

CAN AN SBLC BE AVAILABLE WITH A NOMINATED BANK OTHER THAN THE CONFIRMING BANK ?

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November 25, 2020

ĐI QUA NHỮNG CUNG ĐƯỜNG

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September 28, 2020
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UCP 600 ARTICLES 30 AND 31

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FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

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TO ORDER BILL OF LADING AND ENDORSEMENT

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ĐẠP XE THĂM ĐỊA ĐẠO KỲ ANH

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2 weeks ago

KHE RĂM – ĐIỂM ĐẾN HẤP DẪN CÁC PHƯỢT THỦ

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December 13, 2020

CAN AN SBLC BE AVAILABLE WITH A NOMINATED BANK OTHER THAN THE CONFIRMING BANK ?

Mr Old Man
November 25, 2020

ĐI QUA NHỮNG CUNG ĐƯỜNG

Mr Old Man
September 28, 2020

Khánh Huỳnh: Chuyến đi về thăm cội nguồn và may mắn gặp nhiều nhân chứng đang sống kể lại như...

Mr Old Man: That should be settled by ICC International Court of Arbitration or by the local...

Mr Old Man: In theory, the beneficiary can assign the proceeds under the export LC to any pa...

Charles: Dear Mr Old Man My buyer has suggested assigning the proceeds of his export LC t...

Disposal of docs Shipping guarantee Tà Lang Court Injunction Documents lost in transit However named Incoterms Partial shipment when-a-bill-of-lading-shows-more-than-one-on-board When-documents-presented-in-a-language-other-than- any chinese port beneficiarys-name expiry-date place-of-expiry red-clause-lc types-of-credit typing-error DP xxx days FCR miscellaneous-questions-3 SUB-ARTICLE 30 (C) - TOLERANCE Revolving LC Unfair Letters of Credit field-72-sender-to-receiver-information-of-mt-103 Negotiation with recourse and negotiation without

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  • March 7, 2010

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    TRỞ LẠI HỒ HÒA TRUNG

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Top Tags Shipping guarantee However named place-of-expiry When-documents-presented-in-a-language-other-than- Incoterms Partial shipment Court Injunction expiry-date when-a-bill-of-lading-shows-more-than-one-on-board beneficiarys-name any chinese port Disposal of docs Documents lost in transit field-72-sender-to-receiver-information-of-mt-103 Tà Lang
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