URR 725 – WHAT'S NEW? URR 725 có gì mới ?Gary Collyer Quy tắc thống nhất về hoàn trả giữa các ngân hàng Ấn bản ICC số 725 (Uniform Rules for Bank-to-Bank Reimbursement – URR 725) có hiệu lực áp dụng từ ngày 1/10/2008 thay cho URR 525. URR 725 có gì mới so với URR 525 là câu hỏi mà trong thời gian gần … Read More
UCP 600 ARTICLE 19 (a) (ii) AND ARTICLE 18 (b) QUERY FROM KP Kinh gui anh Huu Duc. Em dang nghien cuu UCP600 nhung co 1 vai cho em khong hieu, anh co the giai thich cho em dc khong? Xin loi anh vi neu em co lam phien gi anh. Em con muon hoi nhieu lam nhung ma k biet anh co thoi gian k, nen em chi hoi … Read More
WHEN DOCUMENTS PRESENTED IN A LANGUAGE OTHER THAN THE LANGUAGE OF THE CREDIT QUERY FROM LisaVC – United StatesDocument in a foreign language I have two different, but similar scenarios: 1. LC is issued in English and does not specify the language of the documents. A required document is presented in a language other than English. ISBP Paragraph 23 may or may not be relevant, as the document may or may not be … Read More
WHAT DOES SIGHT MEAN? QUERY FROM WARLORD Hi all, Am new in LC world and to this forum, i luv this job:P, as lot of stuff encounters me every day. I have simple question, nobody answers me straight away in my bank for the meaning of SIGHT. Does it mean, Sight by Issuing Bank, Sight of Beneficiary's Bank, or what? In addition, what do … Read More
TYPING ERROR QUERY FROM KIM LOAN Dear Mr. Old Man, I would like to ask your comment because its really my matter now…. Invoice presented : In the box of description of goods: + Commodity : A + Unit price : 440usd/mt + Total amount : USD18.038,4 (the total amount is less than LC amount , LC allow partial shipment ) Also … Read More
UCP 600 ARTICLE 13 MY LIEN’S QUERY Chú có thể giải thích cho cháu về điều 13 UCP 600, như thế nào là ngân hàng đòi tiền và ngân hàng hoàn trả? ——————————————– MR. OLD MAN’S COMMENT Chào bạn, Trong giao dịch L/C có chỉ định Ngân hàng Hoàn trả (reimbursing bank), Ngân hàng Đòi tiền (claiming bank) và Ngân hàng Hoàn trả (reimbursing … Read More
TWO SEPARATE DOCUMENTS PRESENTED INSTEAD OF ONE AS REQUIRED QUERYFrom: Khanh Pham []Sent: Fri 7/24/2009 5:57 PMTo: Nguyen Huu Duc (DNG)Subject: DESCRIPTION OF GOODS Dear Mr Old Man, Em lại làm phiền anh lần nữa rồi, anh chỉ giáo em trường hợp này với nhé. L/C yêu cầu ctừ: MICROBIOLOGICAL – CHEMICAL ANALYSIS INCLUDING NITROFURAN, CHLORAMPHENICOL ISSUED BY NAFIQAD Ben xuất trình 2 từ: 1. MICROBIOLOGICAL ANALYSIS (không certify … Read More
TO HONOUR OR NOT TO HONOUR QUERY FROM PVNSubject: RE: query about signatures on documents Dear Mr Duc, Thank you very much for your soon reply. As far as my concern, I also think that we can't consider this as a discrepancy. There are somethings sound contradictionary but must be accepted. Moreover, in fact 1 person can own different companies in different fields. But I still … Read More
TOLERANCE and AVAILABILITY VERSUS PLACE OF EXPIRY QUERY FROM DI CUA BIN Hôm nay em lại có 2 thắc mắc muốn hỏi ý kiến anh nữa đây: 1/Thắc mắc 1: Nội dung L/C: Tiền L/C: USD100,000.00 not exceeding Mô tả hàng hóa: fabric 50,000 yards price USD2/yard Field 47A: Invoice must show a deduction USD100 being SWIFT charges claimed by the applicant. Nội dung Invoice được xuất … Read More
THE PAYMENT TERM OF 90 DAYS AFTER THE ARRIVAL DATE FCIB’S QUERY RELAYED BY KIM CHRISTENSEN TO LCM TRADE SERVICE UPDATES’ COUNTRY CORRESPONDENTS FOR COMMENTS Dear FCIB Members: A fellow member has a question regarding Payment Terms – Automotive Aftermarket Industry. I am interested if there is a "best practice" for determining payment terms, specifically to vendors in China. If terms are FOB China; 90 day terms. (I realize this … Read More