June 22, 2025
  • Contact

Mr. Old Man For those who eat, sleep and breathe Letters of Credit & Cycling

  • Home
  • Articles

    KỶ NIỆM LÀ TIẾNG HÁT LÊN CHƠI VỚI

    Tấm ảnh cũ

    A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

    HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

    Escaping Tet in Tay Giang

  • Lifestyle

    Tấm ảnh cũ

    A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

    HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

    Escaping Tet in Tay Giang

    THE NEVER-ENDING 100 KM

  • Discovery on the cycling road

    KỶ NIỆM LÀ TIẾNG HÁT LÊN CHƠI VỚI

    A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

    HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

    Escaping Tet in Tay Giang

    THE NEVER-ENDING 100 KM

  • Q&A
  • Popular
3 New Articles
  • 2 days ago Endorsement Requirements for Drafts payable to the Beneficiary  
  • 2 days ago Insurance Certificate Compliance – Endorsement and Policy Number Clarification under LC
  • 3 days ago Is the Insurance Certificate in Assignable Form Acceptable?
Home Mr Old Man (page 9)

Mr Old Man

Khi AI Gõ Cửa Bộ phận Thanh Toán Quốc Tế – Nỗi Lo, Niềm Hy Vọng và Câu Hỏi Lớn

By Mr Old Man
April 26, 2025
in :  Articles, Mr Old Man, Payment
0
28

Là người từng nhiều năm làm việc trong lĩnh vực Thanh toán quốc tế (TTQT – International Payments) và Tài trợ thương mại (TTTM – Trade Finance) tại ngân hàng, nay đã nghỉ hưu, tôi vẫn tiếp tục đồng hành với nghề dưới vai trò tư vấn – hỗ trợ các bạn trẻ đang làm việc tại ngân hàng và …

Read More

BACK TO GÒ NỔI AGAIN

By Mr Old Man
April 25, 2025
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
17

By Mr. Old Man It’s been just over a month, and yet I’ve found myself back in Gò Nổi for the third time — each visit with a few good friends and a fresh sense of curiosity. This time, the plan was to head straight out to the “cow prairie” in Điện Quang, but the weather had its own ideas. …

Read More

HÒA BẮC – A PEACEFUL COUNTRYSIDE PAINTED BY NATURE ITSELF

By Mr Old Man
April 25, 2025
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
24

By Mr. Old Man Just 25 km west of Đà Nẵng lies Hòa Bắc — a tranquil slice of countryside so beautiful, it looks like it was brushed into existence by an artist’s hand. From the hillside road, you can look down and see the small villages of Trường Định, An Định, Nam Yên, and Phò Nam nestling together in …

Read More

DISCOUNTING VS. NEGOTIATION UNDER LCs: WHAT’S THE DIFFERENCE?

By Mr Old Man
April 25, 2025
in :  Mr Old Man, Payment, Q&A
0
51

QUESTION: What is the difference between discounting and negotiation in the context of letters of credit? Could you clarify? ——- ANSWER: Hi, Great question — it’s one that often comes up in trade finance. Under UCP 600, the term officially used is “negotiation”, not “discounting.” According to Article 2 of UCP 600, negotiation refers to: “The purchase by the nominated …

Read More

Cycling Back to the Ancient Banyan Tree

By Mr Old Man
April 24, 2025
in :  Articles, Discovery on the cycling road, Mr Old Man
0
20

This morning, I took on the climb up Sơn Trà to test my mountain biking legs — part of my plan to requalify for my long-expired Class FE cycling license (*). Along the way, I made a nostalgic stop at the old Tiên Sa Lighthouse, still standing proud above the sea. I also dropped by the legendary Cây Đa Ngàn …

Read More

MỘT LỜI CÁM ƠN – NGÀN NIỀM VUI

By Mr Old Man
April 24, 2025
in :  Articles, Lifestyle, Mr Old Man, Q&A
0
27

Thỉnh thoảng, Mr. Old Man nhận được những email cảm ơn từ những người chưa từng gặp mặt, ở tận đâu đó trên thế giới, chỉ vì đã giúp họ giải đáp các thắc mắc trong quá trình tác nghiệp thanh toán quốc tế và tài trợ thương mại, hoặc trong hành trình “vượt ải” kỳ thi CDCS – một …

Read More

CFR FO or CFR + FO — When to Use It?

By Mr Old Man
April 23, 2025
in :  Mr Old Man, Payment
0
97

QUESTION Dear Mr. Old Man, Good day. Could you kindly explain whether there’s any difference between CFR FO and CFR + FO as used in letters of credit? Also, which type of shipment are these Incoterms suitable for—containerized cargo, break bulk, bulk cargo, etc.? Does this mean CFR FO (or CFR + FO) is only applicable when a Charter Party …

Read More

TẢN MẠN CHUYỆN “THOẠC GIOÁN” VÀ TOURANE

By Mr Old Man
April 23, 2025
in :  Articles, Mr Old Man
0
41

Sáng nay, đang thong thả cà phê thì lướt thấy Facebook của ông bạn hàng xóm báo tin nóng: Đà Nẵng đã chính thức đặt tên lại các phường, xã sau khi sáp nhập với Quảng Nam. Theo đó, ba phường Xuân Hà, Chính Gián và Thạc Gián được gom lại thành… phường Thạc Gián. Vậy là chỉ trong chưa …

Read More

THE PEAK OF THE PEAK — HAI VAN’S HIDDEN SUMMIT

By Mr Old Man
April 22, 2025
in :  Articles, Discovery on the cycling road, Mr Old Man
0
14

There’s a place above Hai Van Pass — higher than the Hai Van Gate by a full 194 meters, perched at an altitude of 690 meters above sea level — that few cyclists in Da Nang have ever seen with their own eyes, let alone set foot (or tire) on. We call it the “Peak of the Peak” of Hai …

Read More

WHEN EXW MEETS BILL OF LADING: A LOVE STORY THAT SHOULDN’T EXIST (BUT SOMETIMES DOES)

By Mr Old Man
April 21, 2025
in :  Mr Old Man, Payment, Q&A
0
43

QUESTION Dear Mr. Old Man, I’ve come across a bit of a puzzler: The LC I’m handling shows the goods are sold on EXW (Ex Works) terms, yet it also calls for presentation of a Bill of Lading (BL). From what I understand, under EXW, the seller’s responsibility stops at their own doorstep—they’re not even obliged to load the goods. …

Read More
1...8910...87Page 9 of 87

About me

Recent Posts

Endorsement Requirements for Drafts payable to the Beneficiary  

Mr Old Man
2 days ago

Insurance Certificate Compliance – Endorsement and Policy Number Clarification under LC

Mr Old Man
2 days ago

Is the Insurance Certificate in Assignable Form Acceptable?

Mr Old Man
3 days ago

WHEN MUST THE TRANSFERRING BANK ADD ITS CONFIRMATION TO A TRANSFERRED L/C?

Mr Old Man
3 days ago
  • Popular
  • Recent
  • Comments
  • Tags

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

Endorsement Requirements for Drafts payable to the Beneficiary  

Mr Old Man
2 days ago

Insurance Certificate Compliance – Endorsement and Policy Number Clarification under LC

Mr Old Man
2 days ago

Is the Insurance Certificate in Assignable Form Acceptable?

Mr Old Man
3 days ago

WHEN MUST THE TRANSFERRING BANK ADD ITS CONFIRMATION TO A TRANSFERRED L/C?

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 non-documentary conditions Amendment On board notation SBLC lc-availability transferred LC place-of-expiry any chinese port NUMBER OF ORIGINALS confirmation Shipping guarantee 24 hour charity cycling event notify party lc-expired Late presentation Hoa Bac expiry-date Insurance document Drafts under confirmed LC Court Injunction beneficiarys-name Hai Dang Tien Sa

Follow Me

Popular posts

PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

Mr Old Man
October 19, 2015

UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

Mr Old Man
July 31, 2018

LC CONFIRMED BY THE FIRST ADVISING BANK

Mr Old Man
September 15, 2013

Travel

EARLY PRESENTATION

Mr Old Man
September 11, 2017

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

Timeline

  • December 12, 2023

    WHERE THE DOCUMENTS WERE DESTROYED

  • May 10, 2025

    DOCUMENTS PRESENTED UNDER AN EXPIRED L/C

  • January 23, 2023

  • September 9, 2015

    WHETHER “LC EXPIRED” IS A DISCREPANCY AND WHETHER THE ISSUING BANK MUST GIVE NOTICE OF REFUSAL

  • April 9, 2024

    WHERE TWO SETS OF DOCUMENTS ARE PRESENTED UNDER ONE COVERING LETTER (3)

  • July 10, 2019

    35 YEAR REUNION

Top Tags Monkey Mountain Challenge 2025 On board notation any chinese port beneficiarys-name Amendment Shipping guarantee lc-availability Documents lost in transit confirmation non-documentary conditions NUMBER OF ORIGINALS transferred LC place-of-expiry SBLC negotiation
© Copyright 2014 - 2017 | Mr Old Man Theme by ThietKeWebDaNang.Com | All Rights Reserved | Powered by Cuongnq