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    Case Note – Negotiation of Deferred Payment Undertaking Without Authorization

    Gặp lại khách hàng “vừa cũ vừa già”

      LETTERS OF CREDIT ISSUED BY NON-BANK ISSUERS: RISKS AND SOLUTIONS

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    PR nho nhỏ cho trang web www.mroldman.net – “MR. OLD MAN – For Those Who Eat, Sleep and Breathe Letters of Credit and Cycling”

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    BIỂN CẤM TẮM BIỂN & CHAT GPT

    THE CAD CONNECTION – A STORY FROM OVER 30 YEARS AGO

    CÁI DUYÊN CAD – CHUYỆN HƠN 30 NĂM VỀ TRƯỚC

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    Nguyen Van Troi Bridge: From War Path to Peaceful Footpath — A Quiet Witness of Da Nang’s Tumultuous Past

    GIÀ GÂN PHƯỢT THỦ

    MONKEY MOUNTAIN CHALLENGE 2025: BẤT CHẤP MƯA GIÓ, TRÁI TIM VẪN HƯỚNG VỀ ĐỈNH CAO

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  • 1 day ago CPBL Signed by Agent for the Carrier: When a Captain’s Name Doesn’t Save the Day
  • 1 day ago IS TORONTO A SEAPORT?
  • 3 days ago Earliest Date Rules: Which Shipment Date Counts for Presentation under ISBP 821?
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EVERESTING HẢI VÂN – SỰ CỐ ĐÁNG TIẾC

By Mr Old Man
May 25, 2025
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
48

Ngày 20/5/2025 lúc 3:42 sáng, cua-rơ Hồ Xuân Duy (Duy Ho), thành viên CLB xe đạp C5 Hà Nội, bắt đầu thử thách Everesting Hải Vân. Sau 20 lượt leo liên tục trong 22 giờ 24 phút 08 giây, anh đã chạm mốc tổng độ cao tích lũy 9.020 mét – vượt qua độ cao đỉnh Everest (8.848 mét) – …

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Q&A – Phát hành bảo lãnh quốc tế bằng ngoại tệ: Được hay không, và có trái ngoại hối không?

By Mr Old Man
May 23, 2025
in :  Mr Old Man, Payment, Q&A
0
33

QUESTION Chào Mr. Old Man, Nhờ Mr. Old Man giải đáp giúp  2 tình huống sau: 1. Ngân hàng trong nước có được phép phát hành bảo lãnh quốc tế bằng ngoại tệ cho doanh nghiệp Việt Nam để tham gia đấu thầu quốc tế không? 2. Ngân hàng trong nước có được phát hành bảo lãnh thay mặt cho …

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DISCOUNTING A DEFERRED PAYMENT UNDERTAKING

By Mr Old Man
May 22, 2025
in :  Mr Old Man, Payment, Q&A
0
41

QUESTION Dear Mr. Old Man, I have a question regarding the discounting of documents under a letter of credit. Normally, when discounting documents under an LC, banks require the presentation of a draft (bill of exchange) as a mandatory document. However, in the case of an LC available by deferred payment, where no draft is required, is it still necessary …

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CAN AN EXPIRED LETTER OF CREDIT BE AMENDED TO EXTEND THE EXPIRY DATE?

By Mr Old Man
May 22, 2025
in :  Mr Old Man, Payment, Q&A
0
87

Two little girls at Thanh Khe Beach QUESTION Dear Mr. Old Man, Can an expired letter of credit (LC) be amended to extend its expiry date? Is there any rule that explicitly prevents such an amendment? Thank you, P. ———- ANSWER Hi P., The short answer is: it depends. Under UCP 600, sub-article 10(a), a letter of credit—unless otherwise stipulated …

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VIETNAM’S FIRST CYCLIST TO COMPLETE EVERESTING HAI VAN PASS

By Mr Old Man
May 21, 2025
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
39

According to a post shared by Văn Tài Lê, on May 20, 2025, under scorching sun and harsh winds on Hải Vân Pass, cyclist Duy Ho officially took on the Everesting Hải Vân challenge—and successfully completed it at 2:30 AM on May 21, 2025. After 20 grueling ascents, totaling 22 hours, 24 minutes, and 8 seconds, Duy Ho reached an …

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ĐÃ XUẤT HIỆN CUA-RƠ VIỆT NAM ĐẦU TIÊN HOÀN THÀNH EVERESTING HẢI VÂN

By Mr Old Man
May 21, 2025
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
61

Theo chia sẻ từ bạn Văn Tài Lê, ngày 20/5/2025, trong điều kiện nắng gió khắc nghiệt tại đèo Hải Vân, cua-rơ Duy Ho đã chính thức thực hiện thử thách Everesting Hải Vân – và hoàn thành xuất sắc vào lúc 2h30 sáng ngày 21/5/2025. Sau 20 lượt leo, với tổng thời gian 22 giờ 24 phút 8 giây, …

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THỐNG KÊ TRUY CẬP TRANG WEB WWW.MROLDMAN.NET (21/4 – 21/5)

By Mr Old Man
May 21, 2025
in :  Articles, Mr Old Man
0
23

Hôm nay, tình cờ ghé vào mục Statistics, Mr. Old Man thật sự ngạc nhiên khi thấy số lượng bạn đọc truy cập trang web www.mroldman.net trong vòng 30 ngày qua (từ 21/4 đến 21/5): 7.480 người dùng đã ghé thăm website Tổng cộng 79.400 lượt xem Điều thú vị là trang web đã đón nhận bạn đọc từ hàng trăm quốc …

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ADVANCE PAYMENT & SBLC

By Mr Old Man
May 20, 2025
in :  Mr Old Man, Payment, Q&A
0
31

ANSWER Dear Mr. Old Man, Good day! The seller and the buyer agree to sign a sale contract with the following terms and conditions: The buyer will pay in advance the full contract value. The seller will effect shipment upon receipt of full payment from the buyer. Can the buyer request the seller to provide an SBLC to guarantee advance …

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DISCREPANCY ARISING FROM MISMATCH IN PAYMENT TERMS ON INVOICE vs. LC

By Mr Old Man
May 18, 2025
in :  Mr Old Man, Payment, Q&A
0
96

Champa Dancing Apsara Relief QUESTION Dear Sir, Sorry to bore you with this irrelevant question but just out of curiosity is there any importance of payment term mentioned in the commercial invoice. Because as per ISBP the invoice must portray the contents mentioned in the field 45a of the L/C. So, if the payment term as per credit is 180 days …

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UNDERSTANDING THE ROLE AND OBLIGATIONS OF A NOMINATED BANK UNDER A NEGOTIATION CREDIT

By Mr Old Man
May 18, 2025
in :  Mr Old Man, Payment, Q&A
0
72

QUESTION Dear Sir, If I receive a Letter of Credit (LC) advised to me with the clause “Available by negotiation at any bank; At Sight,” is my next step to ask my bank whether it will act as the negotiating bank, and request a written confirmation if it agrees? I understand that a nominated bank has no obligation to negotiate …

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CPBL Signed by Agent for the Carrier: When a Captain’s Name Doesn’t Save the Day

Mr Old Man
1 day ago

IS TORONTO A SEAPORT?

Mr Old Man
1 day ago

Earliest Date Rules: Which Shipment Date Counts for Presentation under ISBP 821?

Mr Old Man
3 days ago

When “Approval Basis” Presentations Come Up – UCP or URC?

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UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

Mr Old Man
March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

Mr Old Man
March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

CPBL Signed by Agent for the Carrier: When a Captain’s Name Doesn’t Save the Day

Mr Old Man
1 day ago

IS TORONTO A SEAPORT?

Mr Old Man
1 day ago

Earliest Date Rules: Which Shipment Date Counts for Presentation under ISBP 821?

Mr Old Man
3 days ago

When “Approval Basis” Presentations Come Up – UCP or URC?

Mr Old Man
3 days ago

Lica Mauer: In reply to Lucky comment: there is a clear omission of terms and conditions eit...

Vo Ngoc Vinh: great experience, i enjoyed it...

Mr Old Man: Hi, I am not sure I understand your question correctly. According to sub-article...

Iqbal Moolla: Dear Mr. Old Man, I trust you are well. If there is a Deferred Payment LC for 90...

Monkey Mountain Challenge 2025 negotiation Documents lost in transit On board notation Amendment SBLC non-documentary conditions CPBL Court Injunction DRAFTS Late presentation Surrendered bill of lading any chinese port expiry-date lc-expired place-of-expiry lc-availability Where 1/3 BL is to be sent directly to the issuing Insurance document Disposal of docs invoice Tà Lang Shipping guarantee beneficiarys-name lost in transit

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

Mr Old Man
October 19, 2015

UCP 600 ARTICLES 30 AND 31

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WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

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LC CONFIRMED BY THE FIRST ADVISING BANK

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Travel

EARLY PRESENTATION

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QUESTION Dear Mr Old Man, I am Dang from Vietnam Prosperity bank. I know …

Timeline

  • April 29, 2010

    NEGOTIATION UNDER A CREDIT AVAILABLE BY DEFERRED PAYMENT

  • January 31, 2020

    CORONAVIRUS & SỰ KIỆN BẤT KHẢ KHÁNG

  • February 12, 2021

    CASE STUDY GIAO THỪA – MÓN QUÀ ĐẦU NĂM

  • June 14, 2024

    NEGOTIATION UNDER LC AVAILABLE BY PAYMENT

  • December 4, 2011

    WHERE AN ORIGINAL TRANSPORT DOCUMENT IS PRESENTED INSTEAD OF THE COPY AS REQUIRED

  • March 20, 2025

    WHEN A BILL OF LADING MUST INDICATE ACTUAL PORT OF DISCHARGE

Top Tags DRAFTS beneficiarys-name Late presentation expiry-date On board notation Documents lost in transit CPBL negotiation Monkey Mountain Challenge 2025 any chinese port Surrendered bill of lading Amendment non-documentary conditions Court Injunction SBLC
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