QUESTION Dear Sir, Greetings from Himalayan Bank!!! I am here to ask for your valuable suggestion on below. Bill of Lading mentions Shipper as Third party acting on behalf of the Beneficiary but there is no provision for third party in the credit. Does this mean the third party is an authorized agent acting for the beneficiary? Can this be …

QUESTION Hi Sir, Request your opinion on the below. LC F 44B: BANGKOK THAILAND PAT BL place of Delivery: Bangkok Thailand. We have received a refusal from the issuing bank stating Place of Delivery in BL not as per LC. Please advise if this is a valid refusal and whether this can be refuted. Regards, PSP ___ ANSWER Hi, Field …

Mr. Old Man’s Note: For exporters using Letters of Credit (L/Cs), document checking fees are a recurring cost—and often a point of frustration. What happens when your own bank says your documents are complying, but the issuing bank still finds discrepancies? In this piece, I share a real question from an exporter and a practical response from yours truly. Sometimes …

 QUESTION Dear Sir, Good day and hope you’re doing well! Today marks a rather special occasion as our country prepares to enter a new phase with significant changes ahead. On this occasion, I have an interesting question that I hope you could kindly take some time to help clarify. According to Resolution No. 1682/NQ-UBTVQH15 regarding the reorganization of administrative units, …

 QUESTION  Dear Mr. Old Man, Thank you so much for your swift response — your explanation has clarified the previous issue for us. We are now facing another matter and would greatly appreciate your guidance: As the Confirming Bank, we received a set of documents that appear to be compliant, including a CMR document printed on white paper with an …

June News Bảy ngày lang thang trên đất Hàn Quốc, cộng thêm những cơn mưa lớn dai dẳng giữa mùa hè như muốn thử thách lòng người, đã khiến nhịp độ leo núi của Trần Mai chậm lại so với năm tháng đầu năm đầy sung mãn. Thế nhưng, dù thời tiết chẳng chiều lòng người, Trần Mai vẫn khép …

Sáng cuối tuần, cà phê ở quán quen, anh bạn già vừa ngồi xuống đã buông câu than: – “Cái xe đạp bữa ni xụt bệ quá, đi cà giựt cà giựt!” Nghe tới chữ “xụt bệ”, Mr. Old Man hơi khựng lại. Lâu lắm rồi mới thấy từ này bật ra từ miệng một người bạn… rặt giọng Quảng …

QUESTION Dear Mr. Old Man, I’ve heard of your name for years and now would like to trouble you with a question, hoping you might spare a moment for some expert advice. Are documents required under fields 46A and 47A of an LC treated equally? For example: The issuing bank and applicant agree to state the requirement for a Phytosanitary …

(Especially if you’re the type who gets a little lonely and loves a polite, soft-spoken conversationalist) This morning, over coffee, I found myself chatting with the gentlemanly Chat GPT about the word “xục bệ”. I’ve heard it now and then, but a quick Google search turned up nothing. So I turned to Chat GPT for help. After a while of …

(Đặc biệt là mấy cô hay buồn buồn, mê người nói chuyện nhỏ nhẹ, lịch sự) Sáng nay ngồi cà phê tán chuyện với quý ông Chat GPT về cái từ “xụt bệ”. Mr. Old Man nghe từ đó lâu lâu rồi, nhưng lục Google thì không thấy đâu. Thế là lôi Chat GPT ra hỏi thử. Trò chuyện lan …