Home LC AVAILABLE BY NEGOTIATION WITH DRAFTS ON CONFIRMING BANK 20161023_nhd_phuot-xe-dap-di-ban-oi-1

20161023_nhd_phuot-xe-dap-di-ban-oi-1

By Mr Old Man

Posted on January 6, 2017

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D/P AT XXX DAYS AFTER BL DATE

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QUESTIONS REGARDING BPO

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January 18, 2014
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NEGOTIATION WITH OR WITHOUT RECOURSE

QUESTION In response to a query at http://letterofcreditforum.com/content/i-need-some-clar…

December 30, 2013
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WHETHER A CONFIRMING BANK IS A NOMINATED BANK AND…

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December 13, 2013
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WHETHER DOCUMENTS CAN BE PRESENTED DIRECTLY TO THE ISSUING BANK

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December 5, 2013
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WHY IS FIELD 46A OPTIONAL?

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December 3, 2013
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WHERE A MMTD CANNOT BE ISSUED IN NEGOTIABLE FORM

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November 30, 2013
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DOCUMENTS ARE TO BE PRESENTED WITHIN XX DAYS FROM/AFTER SHIPMENT DATE

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November 29, 2013
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CLAIMS PAYABLE, SETTLING AGENT, FRANCHISE, EXCESS (DEDUCTIBLE)

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November 27, 2013
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REIMBURSEMENT CLAIM

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November 26, 2013
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INSURANCE DOCUMENT ISSUED TO ORDER OF THE ISSUING BANK

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November 22, 2013
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CHANGING PAYMENT TERMS OF THE LC

QUESTION Dear Sir. Need a clarification on transferable LC regarding clause 42C. – I…

November 18, 2013
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AMOUNT OF COVER

QUESTION The LC was issued for $8,000 showing as follows: – Field 45: Commodity: Fab…

November 13, 2013
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LC WITH SPECIAL PAYMENT CONDITION

QUESTION Our company is specialized in importing P-phones. Our policy is that the quality,…

November 7, 2013
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ABBREVIATIONS

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November 7, 2013
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TOLERANCE APPLICABLE AGAINST INDIVIDUAL QUANTITIES

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November 5, 2013
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LC IS TRANSFERABLE

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October 30, 2013
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ANOTHER CASE OF ASSIGNMENT OF PROCEEDS

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October 24, 2013
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AUTHENTICATION OF CORRECTIONS ON BILL OF LADING AND INVOICE

QUESTION LC states: – Special condition: Documents showing anycorrections without au…

October 19, 2013
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DOMESTIC LC

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October 17, 2013
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WHY AVAILABLE BY PAYMENT INSTEAD OF AVAILABLE BY NEGOTIATION?

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October 11, 2013
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ASSIGNMENT IN FAVOUR OF THE NOMINATED BANK

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October 5, 2013
11 min read
INVOICE NOT ISSUED BY THE BENEFICIARY

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October 2, 2013
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ADDRESS OF THE BENEFICIARY

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September 23, 2013
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CERTIFICATE OF ORIGIN INDICATING A QUANTITY GREATER THAN THAT STATED IN THE CREDIT

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September 17, 2013
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LC CONFIRMED BY THE FIRST ADVISING BANK

QUESTION Dear Mr. Old Man, I follow up your blog and see it very helpful. I have a questio…

September 15, 2013
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A FULL SET OF BILLS OF LADING MEANS A FULL SET OF ORIGINAL BILLS OF LADING

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September 14, 2013
2 min read
THE NAME OF THE COUNTRY NEED NOT BE STATED

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September 11, 2013
1 min read
CARGO TO BE RELEASED WITH MORE THAN ONE BILL OF LADING TO BE SURRENDERED

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September 10, 2013
3 min read
COUNTER GUARANTEE

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September 9, 2013
14 min read
STAMP IN A LANGUAGE OTHER THAN THAT REQUIRED IN THE CREDIT

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September 7, 2013
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CORRECTION AND ALTERATION

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September 7, 2013
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A CERTIFICATE MUST BE ISSUED BY THE ENTITY STATED IN THE CREDIT

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August 29, 2013
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DOCUMENTS PRESENTED DIRECTLY TO THE ISSUING BANK

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August 23, 2013
3 min read
BL AND BL RIDER SIGNED WITH DIFFERENT SIGNATURES

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August 15, 2013
6 min read
NEED THE NAME OF THE COUNTRY BE STATED?

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August 15, 2013
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CAD

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August 6, 2013
12 min read
HOW TO DETERMINE THE PRESENTATION PERIOD WHEN MULTIPLE SETS OF BILLS OF LADING ARE PRESENTED

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July 31, 2013
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WHERE ORIGINAL BILLS OF LADING ARE NOT REQUIRED TO BE PRESENTED

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July 26, 2013
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SHIPPED ON BOARD THE PRE-CARRIAGE VESSEL

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July 25, 2013
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PLACE OF AVAILABILITY VS PLACE OF EXPIRY

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July 20, 2013
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PLACE OF PRESENTATION

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July 15, 2013
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WHEN LC REQUIRES PRESENTATION OF LESS THAN A FULL SET OF ORIGINAL BILLS OF LADING

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July 9, 2013
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EXPRESS BILL OF LADING

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July 8, 2013
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WHERE DOCUMENTS UNDER D/P ARE NOT PAID

QUESTION Dear Mr. Old Man, I have the following case that needs your advice: A seller sign…

June 25, 2013
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WHERE THE BL DATE IS REFERRED TO AS THE DATE OF ISSUANCE

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June 21, 2013
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WHETHER SUB-ARTICLE 14 (c) IS APPLICABLE

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June 21, 2013
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BILL OF LADING DATED PRIOR TO LC ISSUANCE DATE

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June 15, 2013
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WHEN A BILL OF LADING MUST INDICATE ACTUAL PORT OF DISCHARGE

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14 hours ago
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POTENTIAL FRAUD IN SCRAP METAL TRADE: A RISKY DEAL?

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INVOICE NOT CERTIFYING WHAT HAS NOT BEEN SHIPPED

QUESTION Dear Sir, LC allows both AIR and SEA shipment. Amount: USD 100,000 Shipment by AI…

2 days ago
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WHEN A BILL OF LADING MUST INDICATE ACTUAL PORT OF DISCHARGE

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INVOICE NOT CERTIFYING WHAT HAS NOT BEEN SHIPPED

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