June 12, 2025
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Mr. Old Man For those who eat, sleep and breathe Letters of Credit & Cycling

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    A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

    HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

    Escaping Tet in Tay Giang

    THE NEVER-ENDING 100 KM

    Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

  • Lifestyle

    A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

    HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

    Escaping Tet in Tay Giang

    THE NEVER-ENDING 100 KM

    Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

  • Discovery on the cycling road

    A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

    HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

    Escaping Tet in Tay Giang

    THE NEVER-ENDING 100 KM

    Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

  • Q&A
  • Popular
3 New Articles
  • 2 days ago A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES
  • 3 days ago Does a Bill of Lading Have to Show Trade Terms like CIF?
  • 3 days ago HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

For those who eat, sleep and breathe Letters of Credit

  • Mr Old Man Q&A

    D/P AT XXX DAYS AFTER BL DATE

    QUESTION Dear Mr. Old Man, As far as I know there are only two types of collection: D/P (D…

  • Payment

    QUESTIONS REGARDING BPO

    QUESTION Kính gửi anh Old Man, Hiện nay em cũng đang nghiên cứu về sản phẩm BPO, tuy nhiên…

  • Payment Q&A

    NEGOTIATION WITH OR WITHOUT RECOURSE

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

  • Articles Q&A

    WHETHER A CONFIRMING BANK IS A NOMINATED BANK AND…

    …

  • Uncategorized

    WHETHER DOCUMENTS CAN BE PRESENTED DIRECTLY TO THE ISSUING BANK

    …

  • Mr Old Man Q&A

    WHERE A MMTD CANNOT BE ISSUED IN NEGOTIABLE FORM

    …

  • Mr Old Man Q&A

    CLAIMS PAYABLE, SETTLING AGENT, FRANCHISE, EXCESS (DEDUCTIBLE)

    …

  • Mr Old Man Q&A

    CHANGING PAYMENT TERMS OF THE LC

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

  • Mr Old Man Q&A

    AMOUNT OF COVER

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

  • Mr Old Man Q&A

    LC WITH SPECIAL PAYMENT CONDITION

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

  • Mr Old Man Q&A

    AUTHENTICATION OF CORRECTIONS ON BILL OF LADING AND INVOICE

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

  • Mr Old Man Payment Q&A

    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…

  • Mr Old Man Q&A Uncategorized

    STAMP IN A LANGUAGE OTHER THAN THAT REQUIRED IN THE CREDIT

    …

  • Uncategorized

    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…

  • Mr Old Man Q&A

    BILL OF LADING DATED PRIOR TO LC ISSUANCE DATE

    QUESTION Dear Mr. Old Man If B/L dated 4 months before LC issuance date, is it acceptable?…

  • Mr Old Man Payment Q&A

    CAN A BANK REFER TO THE PROVISIONS OF ISBP IN ADDITION TO UCP WHEN CHECKING DOCUMENTS?

    QUESTION Dear Mr. Old Man, When the LC only indicates UCP 600 as governing rule but not IS…

  • Payment Q&A

    UCP 600 ARTICLES 30 AND 31

    QUERY FROM DIAMOND HK Điều 30,31 trong UCP Em là sinh viên năm 3 kinh tế,em đang nghiên cứ…

  • Discovery on the cycling road Lifestyle Payment Q&A

    WHERE THE APPLICANT REFUSES TO TAKE UP THE DOCUMENTS

    Yellow sand beach, Hai Van Pass QUESTION Dear Mr. Old Man, We appreciate your answer to th…

  • Q&A

    DP COLLECTION

    QUESTION Sir, I want to know, if the documents on DP term are sent with clear instruction …

  • Articles Payment Q&A

    HOW TO GIVE NOTICE OF REFUSAL TO THE BENEFICIARY WHO HAS PRESENTED THE DOCUMENTS DIRECTLY TO THE ISSUING BANK?

    QUESTION Dear Mr. Old Man, I understand that sub-article 6 (a) UCP 600 allows the benefici…

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Q & A

Mr Old Man

PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

By Mr Old Man
October 19, 2015
21
147,079

QUESTION Dear Mr. Old Man, LC does not allow partial shipments. Documents were presented to the issuing bank in two separate covering schedules. The first set reached the issuing bank’s counter on 5 O…

Read More

UCP 600 ARTICLES 30 AND 31

March 16, 2010
129
34,598

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

July 31, 2018
5
32,847

LC CONFIRMED BY THE FIRST ADVISING BANK

September 15, 2013
9
30,959

TO ORDER BILL OF LADING AND ENDORSEMENT

March 6, 2010
61
29,519

Bank

Mr Old Man

PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

By Mr Old Man
October 19, 2015
Payment

UCP 600 ARTICLES 30 AND 31

By Mr Old Man
March 16, 2010
Mr Old Man

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

By Mr Old Man
July 31, 2018

Travel In Picture

Lifestyle

Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

Recent Posts

HOW TO KNOW IF THE NOMINATED BANK AGREES TO ACT ON ITS NOMINATION?

By Mr Old Man
in :  Uncategorized
3
2,595
16 May 2010


ADVISING OF CREDITS AND AMENDMENTS

By Mr Old Man
in :  Uncategorized
3
2,924
2 May 2010

QUERY FROM WARLORD9609 I have a nice Export LC case which I would like to share with you. This LC issued in country S by Bank A and advised it to Bank B in country Y via swift. Bank B advised the LC to us in country Y(we are advise through bank) in hard copy even though we have RMA …


NEGOTIATION UNDER A CREDIT AVAILABLE BY DEFERRED PAYMENT

By Mr Old Man
in :  Uncategorized
21
5,388
29 Apr 2010

QUERY FROM WARLORD9609 Hi mr old man, Listen please, I tried to write a new blog in your forum but I dont know how to write a new post. would you please help me in LC, its simple for you I think, but for me its not It would be appreciated if you can reply me asap, ty. LC from …


MISCELLANOUS QUESTIONS

By Mr Old Man
in :  Uncategorized
0
2,188
15 Apr 2010

QUERY FROM LPT2202 mr old man!! cháu nghe nói chú rất uyên thâm về thanh toán quốc tế, cháu xin hỏi chú vài câu ạ 1.phương pháp nhờ thu kèm chứng từ với phương nhờ thu nhận chứng từ khác nhau thế nào ? 2.thẻ visa debit với thẻ master khác nhau thế nào? cái nào tiện ích hơn ? …


DP XXX DAYS

By Mr Old Man
in :  Uncategorized
2
3,536
12 Apr 2010

QUERY FROM PHANTHANHNHAN – VIETNAM Dear all,We would like to have your opinion on collection D/P xxx days after shipment date – As per Article 7c, URC522: "If a collection contains a bill of exchange payable at a future date and the collection instruction indicates that commercial documents are to be released against payment, documents will be released only against …


DP XXX DAYS

By Mr Old Man
in :  Uncategorized
0
2,764
12 Apr 2010

QUERY FROM PHANTHANHNHAN – VIETNAM Dear all,We would like to have your opinion on collection D/P xxx days after shipment date – As per Article 7c, URC522: "If a collection contains a bill of exchange payable at a future date and the collection instruction indicates that commercial documents are to be released against payment, documents will be released only against …


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A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and her daughters about this humble Quảng-style street snack. The story was so delightful that I later posted a write-up on Facebook and …

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

By Mr Old Man
3 days ago
in :  Mr Old Man, Payment, Q&A
0
20

QUESTION  Dear Sir I have one small doubt about Description of Goods in BL. The L/C shows Description of Goods as below. +MEDICAL EQUIPMENTS MODEL: CX200NFJ +AS PER P/I NO. 565221 DATED 15-12-2024 H.S CODE 9004100 +CIF ALEXANDRIA SEAPORT, EGYPT +INCOTERMS 2020 The Liner has come back to us stating that they cannot mention “CIF ALEXANDRIA SEAPORT, EGYPT  INCOTERMS 2020” …

Read More

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

By Mr Old Man
3 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
23

By Mr. Old Man Most people work 8 hours a day or more and have very limited free time for cycling—unless they make use of the early mornings before work. To build a consistent morning cycling habit and hit a target of 40–50 km, you’ll likely need to wake up at 4:00 AM and be ready to roll by 4:30. …

Read More

Back – to – Back LCs and CAD: Clearing the fog for Traders

By Mr Old Man
4 days ago
in :  Mr Old Man, Payment, Q&A
0
22

 QUESTION Dear Mr. Old Man, I hope you are doing well. I seek your insights on two points: Regarding back-to-back Letters of Credit, I’ve understood that banks typically require collateral beyond the master LC itself, as it might not be a sufficient guarantee. However, reputable banks like UOB, DBS, and BCP Bank (Mauritius) state on their websites that the master LC can indeed …

Read More

Escaping Tet in Tay Giang

By Mr Old Man
5 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
10

— A Slow Ride Through the Mountains, the Cold, and the Unexpected Warmth of Strangers — Rolling into an Empty Town After eight grueling hours in the saddle—climbing slope after slope at a brutal 10–15% grade, crossing mountain after mountain—our ragtag group of cyclists finally rolled into Tay Giang town. We were dreaming of a hot meal, maybe even a …

Read More

THE NEVER-ENDING 100 KM

By Mr Old Man
5 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
9

This morning, I set out on a cycling trip to Đông Giang with a pretty neat plan: ride all the way to Tư commune, turn back to stop by Trung Man market, grab my usual glass of mixed sweet soup at a familiar stall, then head home. The total would clock in nicely at 100 km, just enough to complete …

Read More

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

By Mr Old Man
6 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
25

One fine morning, I saddled up with my cycling comrade Khánh Huỳnh and climbed over Hải Vân Pass. From there, we swooped down into Lăng Cô and made a detour to visit Hói Dừa Parish. Funny enough, I’d biked past this area a bunch of times—looping around Lập An Lagoon, weaving through places called Hói Cạn, Hói Mít, and Hói …

Read More

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

By Mr Old Man
6 days ago
in :  Mr Old Man, Payment, Q&A
0
20

 QUESTION  Dear Mr. Old Man, I have a scenario that I’d appreciate your thoughts on: The issuing bank is located in Singapore. The advising/confirming bank is in Trieste, Italy. In the original LC, Field 31D (Date and Place of Expiry) is: 18 June 2025 – Singapore. Field 41A (Available With… By) is: Available with the confirming bank by NEGOTIATION. The …

Read More

Compliance of Multi-Endorsed BL with LC Terms

By Mr Old Man
7 days ago
in :  Mr Old Man, Payment, Q&A
0
14

QUESTION Dear Mr. Old Man, I have a question that needs your help. An LC issued by AGRIBANK requires the bill of lading to be “made out to order of AGRIBANK.” However, the presented bill of lading is made out to the order of BNP Paribas (Suisse) SA, and is endorsed in succession as follows: • BNP Paribas (Suisse) SA …

Read More

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

By Mr Old Man
1 week ago
in :  Articles, Mr Old Man, Payment, Q&A
0
48

Subject: LC issued by K. BANK – Refusal to Confirm and Subsequent Presentation From: Mr. Old Man Date: 4 June 2025 Background Bank N received a letter of credit (LC) from K. BANK with the following terms: 41A: Available With Bank N By Negotiation 42A: Drawee: Bank N 42C: Draft: At Sight 47A: T/T Reimbursement is Not Allowed 49: Confirmation …

Read More
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and her daughters about this humble Quảng-style street snack. The story was so delightful that I later posted a write-up on Facebook and …

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

By Mr Old Man
3 days ago
in :  Mr Old Man, Payment, Q&A
0
20

QUESTION  Dear Sir I have one small doubt about Description of Goods in BL. The L/C shows Description of Goods as below. +MEDICAL EQUIPMENTS MODEL: CX200NFJ +AS PER P/I NO. 565221 DATED 15-12-2024 H.S CODE 9004100 +CIF ALEXANDRIA SEAPORT, EGYPT +INCOTERMS 2020 The Liner has come back to us stating that they cannot mention “CIF ALEXANDRIA SEAPORT, EGYPT  INCOTERMS 2020” …

Read More

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

By Mr Old Man
3 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
23

By Mr. Old Man Most people work 8 hours a day or more and have very limited free time for cycling—unless they make use of the early mornings before work. To build a consistent morning cycling habit and hit a target of 40–50 km, you’ll likely need to wake up at 4:00 AM and be ready to roll by 4:30. …

Read More

Back – to – Back LCs and CAD: Clearing the fog for Traders

By Mr Old Man
4 days ago
in :  Mr Old Man, Payment, Q&A
0
22

 QUESTION Dear Mr. Old Man, I hope you are doing well. I seek your insights on two points: Regarding back-to-back Letters of Credit, I’ve understood that banks typically require collateral beyond the master LC itself, as it might not be a sufficient guarantee. However, reputable banks like UOB, DBS, and BCP Bank (Mauritius) state on their websites that the master LC can indeed …

Read More

Escaping Tet in Tay Giang

By Mr Old Man
5 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
10

— A Slow Ride Through the Mountains, the Cold, and the Unexpected Warmth of Strangers — Rolling into an Empty Town After eight grueling hours in the saddle—climbing slope after slope at a brutal 10–15% grade, crossing mountain after mountain—our ragtag group of cyclists finally rolled into Tay Giang town. We were dreaming of a hot meal, maybe even a …

Read More

THE NEVER-ENDING 100 KM

By Mr Old Man
5 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
9

This morning, I set out on a cycling trip to Đông Giang with a pretty neat plan: ride all the way to Tư commune, turn back to stop by Trung Man market, grab my usual glass of mixed sweet soup at a familiar stall, then head home. The total would clock in nicely at 100 km, just enough to complete …

Read More

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

By Mr Old Man
6 days ago
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
25

One fine morning, I saddled up with my cycling comrade Khánh Huỳnh and climbed over Hải Vân Pass. From there, we swooped down into Lăng Cô and made a detour to visit Hói Dừa Parish. Funny enough, I’d biked past this area a bunch of times—looping around Lập An Lagoon, weaving through places called Hói Cạn, Hói Mít, and Hói …

Read More

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

By Mr Old Man
6 days ago
in :  Mr Old Man, Payment, Q&A
0
20

 QUESTION  Dear Mr. Old Man, I have a scenario that I’d appreciate your thoughts on: The issuing bank is located in Singapore. The advising/confirming bank is in Trieste, Italy. In the original LC, Field 31D (Date and Place of Expiry) is: 18 June 2025 – Singapore. Field 41A (Available With… By) is: Available with the confirming bank by NEGOTIATION. The …

Read More

Compliance of Multi-Endorsed BL with LC Terms

By Mr Old Man
7 days ago
in :  Mr Old Man, Payment, Q&A
0
14

QUESTION Dear Mr. Old Man, I have a question that needs your help. An LC issued by AGRIBANK requires the bill of lading to be “made out to order of AGRIBANK.” However, the presented bill of lading is made out to the order of BNP Paribas (Suisse) SA, and is endorsed in succession as follows: • BNP Paribas (Suisse) SA …

Read More

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

By Mr Old Man
1 week ago
in :  Articles, Mr Old Man, Payment, Q&A
0
48

Subject: LC issued by K. BANK – Refusal to Confirm and Subsequent Presentation From: Mr. Old Man Date: 4 June 2025 Background Bank N received a letter of credit (LC) from K. BANK with the following terms: 41A: Available With Bank N By Negotiation 42A: Drawee: Bank N 42C: Draft: At Sight 47A: T/T Reimbursement is Not Allowed 49: Confirmation …

Read More
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
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THE NEVER-ENDING 100 KM

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Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
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Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
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Compliance of Multi-Endorsed BL with LC Terms

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MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
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A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
23
10 Jun 2025

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and her daughters about this humble Quảng-style street snack. The story was so delightful that I later posted a write-up on Facebook and …


Does a Bill of Lading Have to Show Trade Terms like CIF?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
20
9 Jun 2025

QUESTION  Dear Sir I have one small doubt about Description of Goods in BL. The L/C shows Description of Goods as below. +MEDICAL EQUIPMENTS MODEL: CX200NFJ +AS PER P/I NO. 565221 DATED 15-12-2024 H.S CODE 9004100 +CIF ALEXANDRIA SEAPORT, EGYPT +INCOTERMS 2020 The Liner has come back to us stating that they cannot mention “CIF ALEXANDRIA SEAPORT, EGYPT  INCOTERMS 2020” …


HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

By Mr Old Man
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
23
9 Jun 2025

By Mr. Old Man Most people work 8 hours a day or more and have very limited free time for cycling—unless they make use of the early mornings before work. To build a consistent morning cycling habit and hit a target of 40–50 km, you’ll likely need to wake up at 4:00 AM and be ready to roll by 4:30. …


Back – to – Back LCs and CAD: Clearing the fog for Traders

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
22
8 Jun 2025

 QUESTION Dear Mr. Old Man, I hope you are doing well. I seek your insights on two points: Regarding back-to-back Letters of Credit, I’ve understood that banks typically require collateral beyond the master LC itself, as it might not be a sufficient guarantee. However, reputable banks like UOB, DBS, and BCP Bank (Mauritius) state on their websites that the master LC can indeed …


Escaping Tet in Tay Giang

By Mr Old Man
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
10
7 Jun 2025

— A Slow Ride Through the Mountains, the Cold, and the Unexpected Warmth of Strangers — Rolling into an Empty Town After eight grueling hours in the saddle—climbing slope after slope at a brutal 10–15% grade, crossing mountain after mountain—our ragtag group of cyclists finally rolled into Tay Giang town. We were dreaming of a hot meal, maybe even a …


THE NEVER-ENDING 100 KM

By Mr Old Man
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
9
7 Jun 2025

This morning, I set out on a cycling trip to Đông Giang with a pretty neat plan: ride all the way to Tư commune, turn back to stop by Trung Man market, grab my usual glass of mixed sweet soup at a familiar stall, then head home. The total would clock in nicely at 100 km, just enough to complete …


Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

By Mr Old Man
in :  Articles, Discovery on the cycling road, Lifestyle, Mr Old Man
0
25
6 Jun 2025

One fine morning, I saddled up with my cycling comrade Khánh Huỳnh and climbed over Hải Vân Pass. From there, we swooped down into Lăng Cô and made a detour to visit Hói Dừa Parish. Funny enough, I’d biked past this area a bunch of times—looping around Lập An Lagoon, weaving through places called Hói Cạn, Hói Mít, and Hói …


Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
20
6 Jun 2025

 QUESTION  Dear Mr. Old Man, I have a scenario that I’d appreciate your thoughts on: The issuing bank is located in Singapore. The advising/confirming bank is in Trieste, Italy. In the original LC, Field 31D (Date and Place of Expiry) is: 18 June 2025 – Singapore. Field 41A (Available With… By) is: Available with the confirming bank by NEGOTIATION. The …


Compliance of Multi-Endorsed BL with LC Terms

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
14
5 Jun 2025

QUESTION Dear Mr. Old Man, I have a question that needs your help. An LC issued by AGRIBANK requires the bill of lading to be “made out to order of AGRIBANK.” However, the presented bill of lading is made out to the order of BNP Paribas (Suisse) SA, and is endorsed in succession as follows: • BNP Paribas (Suisse) SA …


MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

By Mr Old Man
in :  Articles, Mr Old Man, Payment, Q&A
0
48
4 Jun 2025

Subject: LC issued by K. BANK – Refusal to Confirm and Subsequent Presentation From: Mr. Old Man Date: 4 June 2025 Background Bank N received a letter of credit (LC) from K. BANK with the following terms: 41A: Available With Bank N By Negotiation 42A: Drawee: Bank N 42C: Draft: At Sight 47A: T/T Reimbursement is Not Allowed 49: Confirmation …


A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago

Does a Bill of Lading Have to Show Trade Terms like CIF?

By Mr Old Man
3 days ago

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
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Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
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48
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48
Articles

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

By Mr Old Man
2 days ago
0
23

Four years ago, during a cycling trip to Tam Kỳ in search of the region’s famed mít hông (steamed jackfruit), I stumbled upon Granny Nam’s little stall. I ended up sitting down for a chat with her and…

Read More

Does a Bill of Lading Have to Show Trade Terms like CIF?

3 days ago
0
20

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

3 days ago
0
23

Back – to – Back LCs and CAD: Clearing the fog for Traders

4 days ago
0
22

Escaping Tet in Tay Giang

5 days ago
0
10

THE NEVER-ENDING 100 KM

5 days ago
0
9

Pedaling to Hói Dừa Parish – and a Little Dip in the Wild

6 days ago
0
25

Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

6 days ago
0
20

Compliance of Multi-Endorsed BL with LC Terms

7 days ago
0
14

MEMO: Handling of Drafts and Documents under LC with Draft Drawn on Nominated Bank

1 week ago
0
48

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A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

Mr Old Man
2 days ago

Does a Bill of Lading Have to Show Trade Terms like CIF?

Mr Old Man
3 days ago

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

Mr Old Man
3 days ago

Back – to – Back LCs and CAD: Clearing the fog for Traders

Mr Old Man
4 days ago
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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

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March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

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March 6, 2010

A VISIT TO GRANNY NAM’S STEAMED JACKFRUIT STALL – A TASTE OF HOMETOWN MEMORIES

Mr Old Man
2 days ago

Does a Bill of Lading Have to Show Trade Terms like CIF?

Mr Old Man
3 days ago

HOW TO BUILD A CONSISTENT MORNING CYCLING HABIT

Mr Old Man
3 days ago

Back – to – Back LCs and CAD: Clearing the fog for Traders

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4 days ago

Lica Mauer: In reply to Lucky comment: there is a clear omission of terms and conditions eit...

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

Mr Old Man
October 19, 2015

UCP 600 ARTICLES 30 AND 31

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March 16, 2010

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

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LC CONFIRMED BY THE FIRST ADVISING BANK

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Travel

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QUESTION Dear Mr Old Man, I am Dang from Vietnam Prosperity bank. I know …

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    A CASE REGARDING CUMULATIVE REVOLVING LC

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    ĐI QUA NHỮNG CUNG ĐƯỜNG

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    WHEN IS AN AMENDMENT DEEMED ACCEPTED BY THE BENEFICIARY?

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