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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
3,733

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
2,356

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
2,894

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
16,248

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UCP 600 ARTICLES 30 AND 31

By Mr Old Man
March 16, 2010
in :  Payment, Q&A
129
35,794

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
25,397

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
6,857

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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UCP 600 ARTICLES 30 AND 31

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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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TO ORDER BILL OF LADING AND ENDORSEMENT

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Mr. Old Man Tries Taco: Is TACO Better Than Bánh Mì or Bánh Xèo?

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Can an LC Be Amended After Documents Have Been Presented?

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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...

Facebook Monkey Mountain Challenge 2025 Documents lost in transit Amendment negotiation Insurance fraud confirmation place-of-expiry On board notation Hope Hoffman DRAFTS Late presentation Insurance document invoice SBLC CPBL notify party Chợ Nồi Rang Messi endorsement Force Majeure Chat GPT lc-expired Mr Old Man

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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EARLY PRESENTATION

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September 11, 2017

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

Timeline

  • March 28, 2010

    DANANG INTERNATIONAL FIREWORKS COMPETITION 2010

  • June 28, 2026

    Cái gác-măng-rê

  • January 6, 2025

    MONKEY MOUNTAIN CHALLENGE 2025: LET’S GO!

  • December 23, 2025

    Must Documents Show the Issuing Bank’s LC Reference — and What About the Negotiating Bank’s Reference?

  • May 4, 2025

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  • March 16, 2010

    TYPES OF CREDIT

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