LINER BL VS CHARTER PARTY BL QUERY FROM BILY Nhờ Mr giải đáp dùm e 1 số câu hỏi ôn thi tốt nghiệp này với: 1/ Nêu sự khác biệt giữa vận đơn tàu chợ và vận đơn theo hợp đồng thuê tàu chuyến?2/ Để thực hiện hợp đồng nhập khẩu linh kiện máy móc theo điều kiện CIF Cần Thơ port và để thực hiện … Read More
LINKAGE QUERY FROM JEDDocument not indicating any reference Dear all friends, May I have your clear clarification about "LINKAGE" between documents presented under L/C subject to UCP 600. Query) L/C required presentation of Packing List. Beneficiary presented Packing List in which all data are not conflict with data in that document, any other documents presented or the L/C. However, the Packing … Read More
MULTI-APPLICANT AND BENEFICIARY CREDIT QUERY FROM wuhu73 Can it be more than 1 entity as the Applicants and Beneficiaries? For examples, in a commercial or standby credit , let A and B as the Applicants and C and D as the Beneficiaries. I know there are additional conditions to cope this scenario, such as the clause of joint and several benefit for the Benef. … Read More
MULTI-BENEFICIARY CREDIT QUERYMulti-Beneficiary Letter of Credit Daniel D – Switzerland Dear all,Would you be willing or reluctant to open a DC in favour of several beneficiaries in light of art. 1 (modified) and art. 3 (singular, plural)Daniel —————COMMENTS JSMITH – United Kingdom Daniel, the provisions of UCP600 would not affect my willingness to issue a credit (more likely a standby) in favour … Read More
NEGOTIATING THE DOCUMENTS PRESENTED UNDER SIGHT PAYMENT LC QUERY Dear Sir, I'd like to ask you some common problems about DC transactions. I am working in VCB. My customer has presented a LC that available with SCBLVNVX by payment and asked me to negotiate this LC with recourse basis. Can I accept this and forward to the issuing bank as general rule. In this case, do I have … Read More
LC ISSUED BY SUDANESE BANK QUERY FROM PRAKASH I've some confusion and non-transparency in the letter of credit I've received. Can someone pls. help to clear the process. I've received an L/c from Sudan. The receiver of this L/c is a paris based bank. The Sudan based bank has mentioned in Cl. 41a … with…by … a paris based bank. The sudan based bank does … Read More
CUMULATIVE REVOLVING LC QUERY FROM MY LE N Kính nhờ Mr. Old Man giải đáp giúp tình huống sau: Ngày 01/04/2009 NH A mở LC tuần hòan hạn chế có tích lũy như sau:Trị gía LC 160.000(+/-10pct) hết hạn hiệu lực 30/04/2009 Shipment:Shipment 1 for 5 container: Not later 10 days after issuance date of the creditShipment 2 for 5 container: Not later … Read More
LIABILITY OF ISSUING BANK UNDER AN INJUNCTION QUERY FROM PhanThanhNhan – Viet Nam Liablity of the issuing bank under the injunction situation Pls give your comments and advice for the following case: – The issuing bank A issued an L/C for USD80,000.00 – The Bank B of the beneficiary mailed the full set of documents to the issuing bank. – After receiving these documents, the Issuing Bank … Read More
CONFIRMED AND CONFIRMABLE QUERY FROM CHARLESLC’s confirmed or confirmable Need advise – Could someone explain the meaning of LC’s be confirmed or confirmable – What is the difference? I appreciate any help with this Charles————————COMMENT FROM ARMAGEDO Simple Hi! I think this refer to discussion of contract or something like this CONFIRMED means that LC should bear confirmation upon issuance. And, as for … Read More
UPAS LC LC UPAS là gì ? Nguyễn Hữu Đức Mới đây một người bạn đồng nghiệp có gửi cho người viết bài này một bản sao LC có nội dung hơi khác so với những LC thông thường và hỏi đó là loại LC gì, được phát hành trong trường nào và nhằm mục đích gì … Xem qua nội dung … Read More