June 05, 2026
  • Contact

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

  • Home
  • Articles

    Tắm Vitamin D (phần 2): Thay đổi quan điểm

    Đừng để “ngoại ngữ” thành… “ngại ngữ”

    GROWING OLD: WHO WILL TAKE CARE OF US?

    American Retirement, Vietnamese Retirement

    If Only a U70 Brain Had an “Upgrade Storage” Button

  • Lifestyle

    Tắm Vitamin D (phần 2): Thay đổi quan điểm

    Đừng để “ngoại ngữ” thành… “ngại ngữ”

    GROWING OLD: WHO WILL TAKE CARE OF US?

    American Retirement, Vietnamese Retirement

    If Only a U70 Brain Had an “Upgrade Storage” Button

  • Discovery on the cycling road

    Nhớ Hòa Bắc…

    Lại gặp cụ khách hàng năm xửa năm xưa

    ĐÀN ÔNG VÀ PHỤ NỮ AI MẠNH HƠN?

    MR. OLD MAN CHƠI IRONMAN BẰNG… BÀN PHÍM

    GIÀ RỒI, AI CHĂM MÌNH?

  • Q&A
  • Popular
3 New Articles
  • 2 hours ago Tắm Vitamin D (phần 2): Thay đổi quan điểm
  • 15 hours ago Can an Issuing Bank Advise an LC Directly to the Beneficiary?
  • 2 days ago Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

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?…

  • 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…

  • 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…

  • Q&A

    DP COLLECTION

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

  • 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…

  • Current
  • Slide 54
  • Slide 55
  • Slide 56
  • Slide 57
  • Slide 58
  • Slide 60
  • Slide 62
  • Slide 65
  • Slide 66
  • Slide 68
  • Slide 72
  • Slide 79
  • Slide 84
  • Slide 98
  • Slide 101
  • Slide 102
  • Slide 103
  • Slide 104
  • Slide 105
  • Slide 106

Q & A

Mr Old Man

PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

By Mr Old Man
October 19, 2015
21
147,883

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
35,503

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

July 31, 2018
5
33,495

TO ORDER BILL OF LADING AND ENDORSEMENT

March 6, 2010
61
32,016

LC CONFIRMED BY THE FIRST ADVISING BANK

September 15, 2013
9
31,402

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

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Recent Posts

A Fruit Vendor, a Lionel Richie Song, and the Power of a Little English

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
92
14 Mar 2026

These days, Auntie Mai — a fruit vendor on Nha Trang beach in Vietnam — has suddenly become a social media sensation. The reason is simple: she sells fruit… by singing in English. One day, a British tourist named Louis, who runs the social media account Local Lou, happened to meet her while relaxing on the beach. He greeted her …


  Biết chút tiếng Anh cũng lợi hại thiệt đó!

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
88
13 Mar 2026

Mấy bữa nay Auntie Mai – cô bán trái cây rong trên bãi biển Nha Trang – bất ngờ trở thành hiện tượng trên mạng xã hội. Lý do cũng rất đơn giản: cô rao hàng… bằng tiếng Anh, mà lại rao theo kiểu hát nhại. Chuyện là một du khách người Anh tên Louis – chủ tài khoản mạng …


Can Corrections to a Bill of Lading Be Authenticated by a Separate Statement?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
55
12 Mar 2026

Transport documents continue to generate some of the most sensitive discrepancies under letters of credit. When time pressure meets documentary precision, practical solutions are sometimes tested against strict examination standards. The following question raises an issue that many practitioners may encounter in real transactions. As always in documentary credit practice, interpretation may differ among banks and jurisdictions. Readers are welcome …


Mr. Old Man là người nhiều chuyện mà

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
48
12 Mar 2026

Nhiều bạn gặp Mr. Old Man hay nói — không biết là khen hay chê: Mr. Old Man chơi Facebook dữ dằn ghê… ngày nào cũng có chuyện đăng. Mr. Old Man chỉ biết cười trừ: Mr. Old Man là người “nhiều chuyện” thiệt mà. Nhưng may là bên cạnh chuyện chuyên môn tử tế, mấy chuyện tào lao bí …


Cầu tài ở Hồng Kông

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
47
12 Mar 2026

Sáng nay ngồi quán quen, nhâm nhi ly Americano, lướt Facebook thì bắt gặp video anh bạn gửi từ Hồng Kông. Trong ảnh, nhiều người xếp hàng trước tượng Thần Tài chờ đến lượt khấn vái. Một anh trai đứng phía trước, hai tay đặt lên tượng rất nghiêm chỉnh — chắc đang cầu tài lộc đầu năm. Anh bảo: …


Fuel Prices Up… Maybe It’s Time to Cycle to Work?

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
55
11 Mar 2026

More than ten years ago, Mr. Old Man wrote a short piece titled: “Cycle to Work. Why Not?” Back then the reasons sounded quite noble: good for the environment, good for health. Fuel prices were not even mentioned. At that time gasoline was still cheap. Some people probably thought: “This old man must have too much free time, encouraging everyone …


1...232425...357Page 24 of 357

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
in :  Articles, Lifestyle, Mr Old Man
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui của các cô chú là để tăng sức đề kháng, giảm đau lưng, đau chân, …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

By Mr Old Man
15 hours ago
in :  Mr Old Man, Payment, Q&A
0
11

One of the fundamental safeguards in documentary credits is the authentication process performed by an advising bank. But what happens if an issuing bank sends the LC directly to the beneficiary without involving an advising bank? Is this permissible under UCP 600, and what risks should the parties consider? Let’s look at a question from Gerson Mário. Question Dear Mr. …

Read More

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
11

In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about two common concerns in timber imports from Africa: whether the L/C expiry date must be linked to the shipping transit time, and whether removing the word “Clean” from “Clean On …

Read More

Does Field 39A Cover Quantity Tolerance?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
21

A reader recently sent Mr. Old Man an interesting question about quantity tolerance under an L/C. The issue sounds simple at first glance, but in practice it often creates confusion between sales contract terms, the wording of the credit, and the application of UCP 600 Article 30. Here is the question and discussion. Question Dear Mr. Old Man, I would …

Read More

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
45

One area that occasionally causes confusion under UCP 600 is the relationship between Article 18(b) and Article 30(a). Many practitioners assume that a commercial invoice may exceed the LC amount only where the credit expressly allows a tolerance, or where the words “about” or “approximately” are used in connection with the credit amount under Article 30(a). However, Article 18(b) provides …

Read More

Đừng để “ngoại ngữ” thành… “ngại ngữ”

By Mr Old Man
2 days ago
in :  Articles, Lifestyle, Mr Old Man
0
41

Hôm nay một bạn hiện đang định cư ở Mỹ đăng tút khoe đang tập nói tiếng Anh. Bạn lớn tuổi rồi mới bắt đầu học nói nên giọng còn ngọng nghịu, nghe chưa rõ lắm. Nhưng Mr. Old Man thấy vậy lại quý. Ở tuổi đó mà vẫn chịu khó mở miệng học cái mới đã đáng nể rồi. …

Read More

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
41

Lading (CPBL), and freight notations on the bill of lading. If a credit is issued under CFR terms, should the bill of lading necessarily indicate “Freight Prepaid”? And if the LC instead requires “Freight Payable as per Charter Party”, would that create a discrepancy or inconsistency with the stated Incoterm? This Q&A discusses the difference between documentary compliance under UCP …

Read More

GROWING OLD: WHO WILL TAKE CARE OF US?

By Mr Old Man
3 days ago
in :  Articles, Lifestyle, Mr Old Man
0
13

Mr. Old Man occasionally reads the Perspective section on VNExpress and genuinely enjoys it. True to its name, Perspective is often not a playground for professional journalists, but a place where people who have spent years bumping into life share their experiences, observations, and thoughts. Today, Mr. Old Man read an article titled “When We Grow Old, Who Will Support …

Read More

American Retirement, Vietnamese Retirement

By Mr Old Man
3 days ago
in :  Articles, Lifestyle, Mr Old Man
0
11

While enjoying a morning coffee and checking emails, Mr. Old Man came across a post on Quora. A Western lady was sharing what a typical day looked like for her newly retired husband. What surprised Mr. Old Man was that the post contained no profound philosophy or life-changing wisdom. It simply described an ordinary day: exercising in the morning, having …

Read More

If Only a U70 Brain Had an “Upgrade Storage” Button

By Mr Old Man
3 days ago
in :  Articles, Lifestyle, Mr Old Man
0
15

One morning over coffee, Mr. Old Man opened the Notes app on his phone, intending to write about something brilliant. He unlocked the phone. Opened the Notes app. Then… just stared at the screen. Completely forgot what he had wanted to write. Many people in their sixties or seventies probably know that feeling well. Before opening the phone, ideas are …

Read More
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
in :  Articles, Lifestyle, Mr Old Man
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui của các cô chú là để tăng sức đề kháng, giảm đau lưng, đau chân, …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

By Mr Old Man
15 hours ago
in :  Mr Old Man, Payment, Q&A
0
11

One of the fundamental safeguards in documentary credits is the authentication process performed by an advising bank. But what happens if an issuing bank sends the LC directly to the beneficiary without involving an advising bank? Is this permissible under UCP 600, and what risks should the parties consider? Let’s look at a question from Gerson Mário. Question Dear Mr. …

Read More

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
11

In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about two common concerns in timber imports from Africa: whether the L/C expiry date must be linked to the shipping transit time, and whether removing the word “Clean” from “Clean On …

Read More

Does Field 39A Cover Quantity Tolerance?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
21

A reader recently sent Mr. Old Man an interesting question about quantity tolerance under an L/C. The issue sounds simple at first glance, but in practice it often creates confusion between sales contract terms, the wording of the credit, and the application of UCP 600 Article 30. Here is the question and discussion. Question Dear Mr. Old Man, I would …

Read More

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
45

One area that occasionally causes confusion under UCP 600 is the relationship between Article 18(b) and Article 30(a). Many practitioners assume that a commercial invoice may exceed the LC amount only where the credit expressly allows a tolerance, or where the words “about” or “approximately” are used in connection with the credit amount under Article 30(a). However, Article 18(b) provides …

Read More

Đừng để “ngoại ngữ” thành… “ngại ngữ”

By Mr Old Man
2 days ago
in :  Articles, Lifestyle, Mr Old Man
0
41

Hôm nay một bạn hiện đang định cư ở Mỹ đăng tút khoe đang tập nói tiếng Anh. Bạn lớn tuổi rồi mới bắt đầu học nói nên giọng còn ngọng nghịu, nghe chưa rõ lắm. Nhưng Mr. Old Man thấy vậy lại quý. Ở tuổi đó mà vẫn chịu khó mở miệng học cái mới đã đáng nể rồi. …

Read More

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

By Mr Old Man
2 days ago
in :  Mr Old Man, Payment, Q&A
0
41

Lading (CPBL), and freight notations on the bill of lading. If a credit is issued under CFR terms, should the bill of lading necessarily indicate “Freight Prepaid”? And if the LC instead requires “Freight Payable as per Charter Party”, would that create a discrepancy or inconsistency with the stated Incoterm? This Q&A discusses the difference between documentary compliance under UCP …

Read More

GROWING OLD: WHO WILL TAKE CARE OF US?

By Mr Old Man
3 days ago
in :  Articles, Lifestyle, Mr Old Man
0
13

Mr. Old Man occasionally reads the Perspective section on VNExpress and genuinely enjoys it. True to its name, Perspective is often not a playground for professional journalists, but a place where people who have spent years bumping into life share their experiences, observations, and thoughts. Today, Mr. Old Man read an article titled “When We Grow Old, Who Will Support …

Read More

American Retirement, Vietnamese Retirement

By Mr Old Man
3 days ago
in :  Articles, Lifestyle, Mr Old Man
0
11

While enjoying a morning coffee and checking emails, Mr. Old Man came across a post on Quora. A Western lady was sharing what a typical day looked like for her newly retired husband. What surprised Mr. Old Man was that the post contained no profound philosophy or life-changing wisdom. It simply described an ordinary day: exercising in the morning, having …

Read More

If Only a U70 Brain Had an “Upgrade Storage” Button

By Mr Old Man
3 days ago
in :  Articles, Lifestyle, Mr Old Man
0
15

One morning over coffee, Mr. Old Man opened the Notes app on his phone, intending to write about something brilliant. He unlocked the phone. Opened the Notes app. Then… just stared at the screen. Completely forgot what he had wanted to write. Many people in their sixties or seventies probably know that feeling well. Before opening the phone, ideas are …

Read More
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
25
5 Jun 2026

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui của các cô chú là để tăng sức đề kháng, giảm đau lưng, đau chân, …


Can an Issuing Bank Advise an LC Directly to the Beneficiary?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
11
4 Jun 2026

One of the fundamental safeguards in documentary credits is the authentication process performed by an advising bank. But what happens if an issuing bank sends the LC directly to the beneficiary without involving an advising bank? Is this permissible under UCP 600, and what risks should the parties consider? Let’s look at a question from Gerson Mário. Question Dear Mr. …


Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
11
3 Jun 2026

In international trade, many disputes arise not because parties misunderstand UCP 600, but because they mix up legal requirements with commercial practices. A reader recently asked Mr. Old Man about two common concerns in timber imports from Africa: whether the L/C expiry date must be linked to the shipping transit time, and whether removing the word “Clean” from “Clean On …


Does Field 39A Cover Quantity Tolerance?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
21
3 Jun 2026

A reader recently sent Mr. Old Man an interesting question about quantity tolerance under an L/C. The issue sounds simple at first glance, but in practice it often creates confusion between sales contract terms, the wording of the credit, and the application of UCP 600 Article 30. Here is the question and discussion. Question Dear Mr. Old Man, I would …


CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
45
3 Jun 2026

One area that occasionally causes confusion under UCP 600 is the relationship between Article 18(b) and Article 30(a). Many practitioners assume that a commercial invoice may exceed the LC amount only where the credit expressly allows a tolerance, or where the words “about” or “approximately” are used in connection with the credit amount under Article 30(a). However, Article 18(b) provides …


Đừng để “ngoại ngữ” thành… “ngại ngữ”

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
41
3 Jun 2026

Hôm nay một bạn hiện đang định cư ở Mỹ đăng tút khoe đang tập nói tiếng Anh. Bạn lớn tuổi rồi mới bắt đầu học nói nên giọng còn ngọng nghịu, nghe chưa rõ lắm. Nhưng Mr. Old Man thấy vậy lại quý. Ở tuổi đó mà vẫn chịu khó mở miệng học cái mới đã đáng nể rồi. …


CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

By Mr Old Man
in :  Mr Old Man, Payment, Q&A
0
41
3 Jun 2026

Lading (CPBL), and freight notations on the bill of lading. If a credit is issued under CFR terms, should the bill of lading necessarily indicate “Freight Prepaid”? And if the LC instead requires “Freight Payable as per Charter Party”, would that create a discrepancy or inconsistency with the stated Incoterm? This Q&A discusses the difference between documentary compliance under UCP …


GROWING OLD: WHO WILL TAKE CARE OF US?

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
13
2 Jun 2026

Mr. Old Man occasionally reads the Perspective section on VNExpress and genuinely enjoys it. True to its name, Perspective is often not a playground for professional journalists, but a place where people who have spent years bumping into life share their experiences, observations, and thoughts. Today, Mr. Old Man read an article titled “When We Grow Old, Who Will Support …


American Retirement, Vietnamese Retirement

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
11
2 Jun 2026

While enjoying a morning coffee and checking emails, Mr. Old Man came across a post on Quora. A Western lady was sharing what a typical day looked like for her newly retired husband. What surprised Mr. Old Man was that the post contained no profound philosophy or life-changing wisdom. It simply described an ordinary day: exercising in the morning, having …


If Only a U70 Brain Had an “Upgrade Storage” Button

By Mr Old Man
in :  Articles, Lifestyle, Mr Old Man
0
15
2 Jun 2026

One morning over coffee, Mr. Old Man opened the Notes app on his phone, intending to write about something brilliant. He unlocked the phone. Opened the Notes app. Then… just stared at the screen. Completely forgot what he had wanted to write. Many people in their sixties or seventies probably know that feeling well. Before opening the phone, ideas are …


Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

By Mr Old Man
15 hours ago

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15
Articles

Tắm Vitamin D (phần 2): Thay đổi quan điểm

By Mr Old Man
2 hours ago
0
25

Hồi đầu tháng 5, Mr. Old Man từng viết bài “Tắm Vitamin D”, kể lại cảnh buổi sáng ở bãi biển Thanh Khê có nhiều cô chú lớn tuổi vùi mình dưới cát, nằm phơi nắng để “nạp Vitamin D” – theo cách nói vui …

Read More

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

15 hours ago
0
11

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

2 days ago
0
11

Does Field 39A Cover Quantity Tolerance?

2 days ago
0
21

CAN A COMMERCIAL INVOICE EXCEED THE LC AMOUNT?

2 days ago
0
45

Đừng để “ngoại ngữ” thành… “ngại ngữ”

2 days ago
0
41

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

2 days ago
0
41

GROWING OLD: WHO WILL TAKE CARE OF US?

3 days ago
0
13

American Retirement, Vietnamese Retirement

3 days ago
0
11

If Only a U70 Brain Had an “Upgrade Storage” Button

3 days ago
0
15

About me

Recent Posts

Tắm Vitamin D (phần 2): Thay đổi quan điểm

Mr Old Man
2 hours ago

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

Mr Old Man
15 hours ago

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

Mr Old Man
2 days ago

Does Field 39A Cover Quantity Tolerance?

Mr Old Man
2 days ago
  • Popular
  • Recent
  • Comments
  • Tags

UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

Mr Old Man
March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

Mr Old Man
March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

Tắm Vitamin D (phần 2): Thay đổi quan điểm

Mr Old Man
2 hours ago

Can an Issuing Bank Advise an LC Directly to the Beneficiary?

Mr Old Man
15 hours ago

Does a Longer L/C Expiry Date Mean Greater Risk? And Is the Word “Clean” Really Necessary on a Bill of Lading?

Mr Old Man
2 days ago

Does Field 39A Cover Quantity Tolerance?

Mr Old Man
2 days ago

Pieter Muus: Dear Mr. Old Man, please allow me to seek your guidance in the matter of nominat...

Đặng Văn: Tôi ủng hộ ý kiến rất hay của bạn ! Bản thân tôi cũng đã đạp xe đi làm ( và đi c...

Pieter Muus: Dear Mr. Old Man, With all respect due, please allow me to state that you quote...

Mr Old Man: Thank you for reminding me of ISBP 821 paragraph B14. As far as I recall, earlie...

Facebook Monkey Mountain Challenge 2025 negotiation Insurance Documents lost in transit Amendment On board notation DRAFTS fraud SBLC CPBL notify party confirmation Mr Old Man Chat GPT Late presentation Surrendered bill of lading expiry-date lc-expired Revolving LC Insurance document invoice Tà Lang non-documentary conditions short shipment

Follow Me

Popular posts

PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

Mr Old Man
October 19, 2015

UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

Mr Old Man
July 31, 2018

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

Travel

EARLY PRESENTATION

Mr Old Man
September 11, 2017

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

Timeline

  • March 4, 2026

    Một buổi sáng đầu xuân vui vẻ với BGĐ Vietcombank Đà Nẵng

  • June 10, 2025

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

  • July 25, 2025

    Comments on the Madras High Court Ruling and Risks of Accepting Charter Party Bills of Lading

  • May 2, 2026

    Mê xem web drama Tàu

  • March 13, 2010

    RESPONSE TO MS. D.T.N, LECTURER AT FTU

  • March 30, 2017

    DOCUMENTS LOST IN TRANSIT

Top Tags Insurance notify party fraud confirmation DRAFTS Amendment Monkey Mountain Challenge 2025 Chat GPT CPBL SBLC Facebook Mr Old Man negotiation On board notation Documents lost in transit
© Copyright 2014 - 2017 | Mr Old Man Theme by ThietKeWebDaNang.Com | All Rights Reserved | Powered by Cuongnq