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FREIGHT PREPAID vs. FREIGHT PAYABLE AT PORT KELANG

By Mr Old Man
December 1, 2011
in :  Mr Old Man, Payment, Q&A
7
3,704

QUESTION Dear Nguyen, Have you ever received B/L which claimed “freight prepaid” while with evidence showing freight not yet paid? (See the attachment) This B/L was presented under our issued LC (the LC, under CIF basis, requires ocean B/L marking “freight prepaid”; the shipping route stipulated in the LC: port of loading – Laem Chabang, Thailand, port of discharge – …

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ARTICLE 19 OR ARTICLE 20? (Updated)

By Mr Old Man
January 31, 2011
in :  Mr Old Man, Payment, Q&A
0
2,338

Ocean Bill of Lading with Inland Final Destination — Article 19 or Article 20? Intro One of the most common — and persistent — areas of confusion in document examination arises when a credit requires an ocean bill of lading, but the routing information in the L/C or the transport document refers to an inland final destination. Does this automatically …

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URDG 758 – ARTICLE 7: NON-DOCUMENTARY CONDITIONS

By Mr Old Man
September 20, 2010
in :  Mr Old Man, Payment, Q&A
2
2,873

QUESTION Kính chào anh! Anh có khoẻ không ? Hôm nay em lại cầu cứu anh vấn đề này. Sáng mai em có buổi trình bày về URDG 758, em đã đọc kỹ URDG và đã đọc bài viết của anh về URDG 758 nhưng có điểm này em vẫn chưa hiểu rõ.Art 7 có quy định:’If the guarantee does …

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SWITCH BILL OF LADING

By Mr Old Man
July 17, 2010
in :  Payment, Q&A
53
16,229

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UCP 600 ARTICLES 30 AND 31

By Mr Old Man
March 16, 2010
in :  Payment, Q&A
129
35,717

QUERY FROM DIAMOND HK Điều 30,31 trong UCP Em là sinh viên năm 3 kinh tế,em đang nghiên cứu về UCP và có mấy phần khó hiểu ở điều 30,31 xin được hỏi anh: -Có phải trong thư L/C ở những chổ ghi số tiền hoặc hàng hóa có chữ about,approximately thì dung sai là 10%? -Hàng hóa tính bằng …

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FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

By Mr Old Man
March 8, 2010
in :  Payment
68
25,371

Zen’s query Anh Đức mến! Trước hết rất cám ơn anh vì đã là một .. friend của em,;)nhờ vậy em đã học được rất nhiều những kiến thức trong TTQT từ những Entry anh đang post hàng ngày. Thực ra tiếng Anh của em cũng không đến nỗi tệ để có thể đọc được những bài viết English của …

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SURRENDERED BILL OF LADING

By Mr Old Man
March 6, 2010
in :  Mr Old Man, Payment, Q&A
24
6,839

QUERY FROM LINH DAN Thank you for answering my rather… annoying question the other day! I have another question. Recently, a customer submitted documents for payment by TTR, but the B/L was neither an original nor marked as a copy. On the B/L, there was also a note stating: “NO ORIGINAL B/L ISSUED. ORIGINAL B/L SURRENDERED IN SINGAPORE.” I don’t …

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Late Presentation: Does the Nominated Bank’s Certification Protect the Presentation?

Mr Old Man
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Lái xe công nghệ: Tự do hay tự lo?

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20 hours ago

Sudan Sanctions and D/P Collection: Can the Payment Be Routed Through Another Bank?

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Is the Central Bank Liable if the Issuing Bank Becomes Bankrupt?

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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

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March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

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March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

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March 6, 2010

Late Presentation: Does the Nominated Bank’s Certification Protect the Presentation?

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6 hours ago

Lái xe công nghệ: Tự do hay tự lo?

Mr Old Man
20 hours ago

Sudan Sanctions and D/P Collection: Can the Payment Be Routed Through Another Bank?

Mr Old Man
2 days ago

Is the Central Bank Liable if the Issuing Bank Becomes Bankrupt?

Mr Old Man
2 days ago

Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

Anonymous: Hi Mr. Old Man , What about the case where the email in the BL appears as "ABCST...

Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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October 19, 2015

UCP 600 ARTICLES 30 AND 31

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WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

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TO ORDER BILL OF LADING AND ENDORSEMENT

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Travel

EARLY PRESENTATION

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September 11, 2017

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

Timeline

  • August 30, 2010

    CONDITIONAL LETTER OF CREDIT

  • May 15, 2026

    MR. OLD MAN CHƠI IRONMAN BẰNG… BÀN PHÍM

  • March 6, 2010

    PAYMENT LC Vs NEGOTIATION LC

  • March 16, 2010

    THE ANATOMY OF SHIPMENT IN L/C TRANSACTIONS

  • March 27, 2026

    Chứng từ giả mạo – chuyện hiếm, nhưng đã gặp là nhớ cả đời

  • June 14, 2026

    Steve Jobs, Stevie Wonder, Lionel Richie…???

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