A NEW REGULATION APPLICABLE TO LCs ISSUED BEFORE THE DATE SUCH A REGULATION COMES INTO FORCE? QUERYL/C at sight Dear DC experts, My customer opened a L/C at sight (applied by UCP 600) aready this L/C covers five units ( including 03 used wheel cranes and 02 used hydraulic excavators). But after this L/C was opend for few days then a new regulation released from Custom Department, this new regulation means used wheel cranes are temporary … Read More
ACCEPTANCE LC AVAILABLE WITH ANY BANK??? QUERY Chào anh Đức, Em tên là Quỳnh Trâm ở CN ………, năm ngoái em có tham dự hội thảo về UCP600 được tổ chức tại Đà Nẵng. Thật may, hôm đấy được biết anh rất am hiểu về các cases khi áp dụng UCP. Em có 1 thắc mắc xin được anh giải đáp, để em có thể nắm … Read More
AMENDMENT TO LC THAT HAS EXPIRED QUERY FROM GLADExpiry Date Hi All I have already submitted this topic but I have not received any reply yet. So I am forwarding it again. If an lc has expired some 6 months back and have not been utilized or partly utilized and applicant wishes to amend the shipment and expiry date. Can the issuing bank amend this lc … Read More
AGENT'S ADDRESS Agent's address Daniel D – Switzerland Posted 26 Nov 09 | Dear all, DC requires agent's name and address on BILL OF LADING.Discrepancy raised: the address does not indicate street name.Please commentThanks Daniel —————————————– N.H.Duc – Viet Nam Posted 27 Nov 09 | Hi Daniel, In my opinion, it is not a discrepancy. As DC does not provide a specific … Read More
ACCEPTANCE CREDIT Vs DEFERRED PAYMENT CREDIT Phân biệt và vận dụng Thư tín dụng chấp nhận và Thư tín dụng trả chậmNguyễn Hữu Đức Khi thương lượng ký hợp đồng mua bán ngoại thương có điều kiện thanh toán bằng phương thức thư tín dụng trả chậm, ngoài các điều kiện cơ bản như chất lượng hàng hoá, giá cả, thời hạn trả chậm … các … Read More
A PRE – PRINTED SHIPPED ON BOARD B/L BEARING A SEPARATE DATED ON BOARD NOTATION NESAR'S QUERY Dear all, Here I furnish below one of my confusion :Pre-printed "shipped bill of lading" will normally be issued after the shipement occured and for this reason as per UCP date of issuance will be the date of shipment. If the same document bears an on board notation in addition to that of date of issuance, I think … Read More
WHEN DOCUMENTS PRESENTED IN A LANGUAGE OTHER THAN THE LANGUAGE OF THE CREDIT QUERY ON Document in a foreign language LisaVC – United States 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 … Read More
DRAWEE UNDER CONFIRMED LC QUERY FROM DI CUA BINHi Mr Old Man, lại thắc mắc mới nữa đang chờ tham khảo ý kiến anh đây: Câu hỏi 1: Nội dung L/C: Bank A là issuing bank Bank B là advising bank Field 41: available with Bank B by payment Field 42: Draft at sight drawn on Bank B Field 49: Confirm Tuy nhiên, thực … Read More
BL ISSUED BY A SHIPPING COMPANY QUERY Hi Mr Old Man, Biết tên anh qua tạp chí VCB đã lâu, nay tình cờ vào đây nên em cũng muốn tham khảo ý kiến anh về một số thắc mắc nghề nghiệp. Bọn em có một L/C yêu cầu: B/L issued by a shipping company. Cty xuất trình B/L issued by ABC as agent for the carrier: … Read More