LC PAYABLE 80PCT QUERY FROM THUY DT Dear Mr. Old Man Em có một case như sau: LC cho phép giao hàng từng phầnTrị giá LC là 10 $, trong đó 2 $ trả trước bằng TT, 8 $ trả ngay khi xuất trình chứng từ, 2 $ trả khi có biên bản nghiệm thu do bên bán và bên mua ký. Vậy … Read More
LC AVAILABLE BY NEGOTIATION A QUERY FROM LETTER OF CREDIT FORUM Our bank is doing a lot of mistakes I think. They always open LCs for any tenor at sight only by Negotiation only, I have never seen an LC opened at Sight By payment!!! I think they are using the saved templates in the swift ^^. Usually customer here when then say we … Read More
LC EXPIRED QUERYLC Expired! What should I do? Hello All! I find myself in a bit of a tough situation. I have an LC that a customer opened to me and it has expired 2 days ago. I am still waiting on one of the documents from my supplier (SDR) in order to submit the entire package to the bank. Since the … Read More
LC AT SIGHT VS DP Dreamwoods's QueryExplain L/C at sight in English I have to explain L/C at sight to my customer in English, who can help? The define, how to operate,and what the application have to paid for it, and when the money cut from their account. Also, the different with D/P on paid and paid time for the importer. Anyone can help me? … Read More
FROM ISSUANCE DATE AND NOT ON BOARD DATE QUERY FROM JIMMY Hi there, l/c requires in field 48 period for presentation ''presentation to be made within 7 days after the date of issuance of transport documents but within the l/c validity'' In case b/l presented bearing an issuance date and a different on board date which date is to be taken for calculation of the a/m presentation period? … Read More
ISSUERS OF CERTIFICATE OF ORIGIN QUERY FROM CHINLAT HELP!Hiiiiiiii Anh oi, cho em nho ty nha. A la nguoi thu huong LC co tru so tai Tp.HCM, LC yeu cau C/O duoc cap boi co quan co tham quyen. A phat hanh C/O do Cty TNHH B cap. Vay C/O do co duoc NH chap nhan thanh toan hay ko? Anh giup em nha! Thanks! … Read More
LC AVAILABILITY REVISITED QUERY FROM COLDSUMMER Anh oi, anh co the chi giup em trong LC o truong 41d thuong co cac loai xuat trinh: By NegotiationBy PaymentBy Def PaymentBy acceptance, Chung khac nhau nhu the nao va khi nao thi su dung a. ———————————————–COMMENT FROM MR. OLD MAN Hi ColdSummer, Yours is the same as Neville Dcosta’s query which Mr. Old Man … Read More
ANOTHER PARTY NAMED THEREIN QUERYFrom: Duong Thi Kim Anh Hi, anh. Nho anh giai thich dum em mot đieu khoan trong ISBP, para 184 "Consignee information, if shown…., the cert of origin may show applicant of the credit, or another party named therein". Theo mot so y kien cho rang named therein co nghia la "duoc the hien theo do", neu hieu nhu vay … Read More
CERTIFICATE OF ORIGIN FORM A STAMPED WITH FORM E QUERY FROM NGUYEN HAI DANG DEAR MR.OLD MAN, I WOULD LIKE TO HAVE AN QUERY FOR YOU. A L/C REQUIRES A CHINESE C/O FORM A TO BE PRESENTED, BUT WHEN THE DOC IS PRESENTED, IT IS A C/O FORM A BUT STAMPED WITH FORM E . I CHECKED WITH THE CUSTOM AND THEY SAID IT IS THE FACT AND NO … Read More
INVOICE NUMBER SHOWN ON C/O QUERY FROM C.V Is C/O presented shows invoice number and date different from that in other documents discrepant?My colleagues say it is discrepant, but I do not think so. My reasoning is as follows: (i) Invoice and date are not required to indicate on other documents; and (ii) It is possible that the seller is not the supplier but the … Read More