Mr Old Man PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B) 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
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
BANK ADVANCES AGAINST EXPORT COLLECTION BILLS 5 Mar 2010 QUERY FROM NOVEMBER 11 Draft negotiation under D/P D/A Chào anh Em muốn hỏi trong trường hợp chiết khấu bộ chứng từ xuất theo phương thức nhờ thu thì ngân hàng chiết khấu thường yêu cầu 3/3 B/L qua ngân hàng hoặc B/L lập theo lệnh của ngân hàng chiết khấu (có đúng không ạ?)Trong trường hợp B/L được lập …
AVAILABILITY UNDER TRANSFERRED LC 5 Mar 2010 QUERY FROM <[email protected]> Hi a Duc,Rat vui khi duoc biet a, e search cac van de ve LC tren qooqle thi biet dc bloq cua a.E thay nhunq bai viet cua a rat hay va bo ich cho nhunq nquoi lam ttqt. E co van de nay muon hoi a chut dc k a.E co 1 LC : Irrevocable Transferrable– …
ADVISING LC WITHOUT ADDING CONFIRMATION 4 Mar 2010 QUERYBy Dholat on Thu Feb 05, 2009 11:36 pm We issued an LC and request a bank in Germany to confirm it. The bank however refused to confirm and sent us a swift to this effect. On the same day we received another swift which says that they have advised the credit without confirming it. Later we negotiated with another …
ARTICLE 18 (b) WHEN THE INVOICE AMOUNT IN EXCESS OF THAT PERMITTED BY LC 4 Mar 2010 QUERY FROM PENGUINSent To: Mr. Old Man RE: Điều 18b UCP600 Chào anh, Anh có thể giải thích ý nghĩa của điều 18b-UCP600 giúp em được không ạ?Cám ơn anh nhiều ạ———————— COMMENT FROM MR. OLD MAN Chào bạn, Cám ơn bạn đã hỏi ý kiến Mr. Old Man. Mr. Old Man xin trả lời câu hỏi của bạn như …
ARRIVAL ADVISING REPORT 4 Mar 2010 QUERY FROM NGUYEN LOAN Field 47A (Additional Conditions) of MT 700 stated: "Payment will be effected against documents with no discrepancies and the arrival advising report from shipping company which expiry date is as same as that of this L/C." Em muốn hỏi Mr là "arrival advising report" là loại chứng từ gì? ———————————- ANSWER FROM MR. OLD MANFrom: Nguyen …
WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride around the city for coffee meetups or conveniently store in my car for spontaneous trips sounded incredibly appealing. However, choosing the right folding bike … Read More
TRÚC LÂM BẠCH MÃ ZEN MONASTERY – A CELESTIAL HAVEN Trúc Lâm Bạch Mã Zen Monastery is perched atop Linh Sơn Mountain, nestled within the tranquil waters of Tỉnh Giác Lake in Truồi, located in Lộc Hòa Commune, Phú Lộc District, Thừa Thiên Huế Province. It is the first Zen monastery in Central Vietnam, founded and developed by Zen Master Thích Thanh Từ, the head of the Trúc Lâm Zen … Read More
EXPLORING THE “HAUNTED HOTEL” ON HẢI VÂN PASS Nestled among pine forests on the south of Hải Vân Pass, a small hotel has been abandoned for years, for reasons unknown. On rainy, gloomy days, when the sky is shrouded in mist, its desolate and eerie appearance easily evokes images of “haunted hotels” from Hollywood horror movies in the minds of those with vivid imaginations. This morning, amidst the … Read More
KHÁM PHÁ “KHÁCH SẠN MA” TRÊN ĐÈO HẢI VÂN (Update) —————————————————- Update: “Khám phá ‘khách sạn ma’ trên đèo Hải Vân” được Mr. Old Man viết cách đây 4 năm trong một lần đạp xe qua đèo Hải Vân. Bài viết không chỉ kể về một trải nghiệm khám phá mà còn một đề xuất ý tưởng “khùng điên” – khôi phục lại khách sạn bỏ hoang, tạo ra một … Read More
DRAFTS AND NOMINATED BANK UNDER LETTERS OF CREDIT SUBJECT TO UCP 600 QUESTION Dear Mr. Old Man, I seek your guidance on international trade practices concerning drafts in Letters of Credit (LC) transactions: 1. Under what terms of an LC is the presentation of a draft required? 2. Clarification on the role of a Nominated Bank: If an LC is available with Bank A for negotiation, how should the nominated bank be … Read More
GHÉ THĂM QUÁN MÍT HÔNG BÀ NAM – KÝ ỨC VỀ MỘT MÓN QUÊ Bốn năm trước, trong chuyến đạp xe đến Tam Kỳ để thưởng thức món mít hông trứ danh, tôi có dịp ghé quán của bà Nam. Khi ấy, tôi ngồi trò chuyện cùng bà và các cô con gái về món ăn vặt dân dã của xứ Quảng. Câu chuyện thú vị đến mức, về nhà, tôi còn viết một … Read More
QUESTION REGARDING DOCUMENT PRESENTATION AFTER LC EXPIRY QUESTION Dear Mr. Old Man, I have a question regarding the presentation of documents after the expiration of an LC, as follows: • Date and Place of Expiry: April 18, 2025, in Vietnam • Latest Shipment Date: March 30, 2025 • Estimated Time of Departure: April 21, 2025 Given this schedule, I advised the beneficiary to request an amendment from … Read More
CHATTOGRAM VS CHITTAGONG QUESTION Hi Sir, Short question. LC states “Chattogram seaport” as the place of delivery while BL presented states “Chittagong”. Both names are the same in Bangladeshi. Chattogram = Chittagong. Is this a discrepancy? Best regards, Pocholo Jose Lim — ANSWER Hi, Yes, Chittagong and Chattogram are the same. It is explained that Chittagong is officially called “Chattogram” because “Chattogram” is … Read More
CHECK-IN AT GIANT TURTLE ROCK Along the celestial road that winds through Hai Van Pass, travelers can pause at various spots to marvel at the majestic pass—once honored by Emperor Minh Mang as “The world’s most majestic pass”. Among these stops, one place stands out: Giant Turtle Rock. About 6 km from the foot of Hai Van Pass, a row of hillside cafés clings precariously … Read More
CYCLING TO VISIT TRA KIEU PARISH It was a beautiful day when I set out on an 80 km cycling trip to visit Tra Kieu Parish, one of the oldest parishes in the Vietnamese Catholic Church, established around 1630, shortly after Hoi An Parish. Located 40 km southwest of Da Nang, Tra Kieu Parish, also known as the Tra Kieu Marian Center, is an important pilgrimage … Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride around the city for coffee meetups or conveniently store in my car for spontaneous trips sounded incredibly appealing. However, choosing the right folding bike … Read More
TRÚC LÂM BẠCH MÃ ZEN MONASTERY – A CELESTIAL HAVEN Trúc Lâm Bạch Mã Zen Monastery is perched atop Linh Sơn Mountain, nestled within the tranquil waters of Tỉnh Giác Lake in Truồi, located in Lộc Hòa Commune, Phú Lộc District, Thừa Thiên Huế Province. It is the first Zen monastery in Central Vietnam, founded and developed by Zen Master Thích Thanh Từ, the head of the Trúc Lâm Zen … Read More
EXPLORING THE “HAUNTED HOTEL” ON HẢI VÂN PASS Nestled among pine forests on the south of Hải Vân Pass, a small hotel has been abandoned for years, for reasons unknown. On rainy, gloomy days, when the sky is shrouded in mist, its desolate and eerie appearance easily evokes images of “haunted hotels” from Hollywood horror movies in the minds of those with vivid imaginations. This morning, amidst the … Read More
KHÁM PHÁ “KHÁCH SẠN MA” TRÊN ĐÈO HẢI VÂN (Update) —————————————————- Update: “Khám phá ‘khách sạn ma’ trên đèo Hải Vân” được Mr. Old Man viết cách đây 4 năm trong một lần đạp xe qua đèo Hải Vân. Bài viết không chỉ kể về một trải nghiệm khám phá mà còn một đề xuất ý tưởng “khùng điên” – khôi phục lại khách sạn bỏ hoang, tạo ra một … Read More
DRAFTS AND NOMINATED BANK UNDER LETTERS OF CREDIT SUBJECT TO UCP 600 QUESTION Dear Mr. Old Man, I seek your guidance on international trade practices concerning drafts in Letters of Credit (LC) transactions: 1. Under what terms of an LC is the presentation of a draft required? 2. Clarification on the role of a Nominated Bank: If an LC is available with Bank A for negotiation, how should the nominated bank be … Read More
GHÉ THĂM QUÁN MÍT HÔNG BÀ NAM – KÝ ỨC VỀ MỘT MÓN QUÊ Bốn năm trước, trong chuyến đạp xe đến Tam Kỳ để thưởng thức món mít hông trứ danh, tôi có dịp ghé quán của bà Nam. Khi ấy, tôi ngồi trò chuyện cùng bà và các cô con gái về món ăn vặt dân dã của xứ Quảng. Câu chuyện thú vị đến mức, về nhà, tôi còn viết một … Read More
QUESTION REGARDING DOCUMENT PRESENTATION AFTER LC EXPIRY QUESTION Dear Mr. Old Man, I have a question regarding the presentation of documents after the expiration of an LC, as follows: • Date and Place of Expiry: April 18, 2025, in Vietnam • Latest Shipment Date: March 30, 2025 • Estimated Time of Departure: April 21, 2025 Given this schedule, I advised the beneficiary to request an amendment from … Read More
CHATTOGRAM VS CHITTAGONG QUESTION Hi Sir, Short question. LC states “Chattogram seaport” as the place of delivery while BL presented states “Chittagong”. Both names are the same in Bangladeshi. Chattogram = Chittagong. Is this a discrepancy? Best regards, Pocholo Jose Lim — ANSWER Hi, Yes, Chittagong and Chattogram are the same. It is explained that Chittagong is officially called “Chattogram” because “Chattogram” is … Read More
CHECK-IN AT GIANT TURTLE ROCK Along the celestial road that winds through Hai Van Pass, travelers can pause at various spots to marvel at the majestic pass—once honored by Emperor Minh Mang as “The world’s most majestic pass”. Among these stops, one place stands out: Giant Turtle Rock. About 6 km from the foot of Hai Van Pass, a row of hillside cafés clings precariously … Read More
CYCLING TO VISIT TRA KIEU PARISH It was a beautiful day when I set out on an 80 km cycling trip to visit Tra Kieu Parish, one of the oldest parishes in the Vietnamese Catholic Church, established around 1630, shortly after Hoi An Parish. Located 40 km southwest of Da Nang, Tra Kieu Parish, also known as the Tra Kieu Marian Center, is an important pilgrimage … Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
WHO RIDES FOLDING BIKES? 30 Mar 2025 Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride around the city for coffee meetups or conveniently store in my car for spontaneous trips sounded incredibly appealing. However, choosing the right folding bike …
TRÚC LÂM BẠCH MÃ ZEN MONASTERY – A CELESTIAL HAVEN 30 Mar 2025 Trúc Lâm Bạch Mã Zen Monastery is perched atop Linh Sơn Mountain, nestled within the tranquil waters of Tỉnh Giác Lake in Truồi, located in Lộc Hòa Commune, Phú Lộc District, Thừa Thiên Huế Province. It is the first Zen monastery in Central Vietnam, founded and developed by Zen Master Thích Thanh Từ, the head of the Trúc Lâm Zen …
EXPLORING THE “HAUNTED HOTEL” ON HẢI VÂN PASS 29 Mar 2025 Nestled among pine forests on the south of Hải Vân Pass, a small hotel has been abandoned for years, for reasons unknown. On rainy, gloomy days, when the sky is shrouded in mist, its desolate and eerie appearance easily evokes images of “haunted hotels” from Hollywood horror movies in the minds of those with vivid imaginations. This morning, amidst the …
KHÁM PHÁ “KHÁCH SẠN MA” TRÊN ĐÈO HẢI VÂN (Update) 29 Mar 2025 —————————————————- Update: “Khám phá ‘khách sạn ma’ trên đèo Hải Vân” được Mr. Old Man viết cách đây 4 năm trong một lần đạp xe qua đèo Hải Vân. Bài viết không chỉ kể về một trải nghiệm khám phá mà còn một đề xuất ý tưởng “khùng điên” – khôi phục lại khách sạn bỏ hoang, tạo ra một …
DRAFTS AND NOMINATED BANK UNDER LETTERS OF CREDIT SUBJECT TO UCP 600 28 Mar 2025 QUESTION Dear Mr. Old Man, I seek your guidance on international trade practices concerning drafts in Letters of Credit (LC) transactions: 1. Under what terms of an LC is the presentation of a draft required? 2. Clarification on the role of a Nominated Bank: If an LC is available with Bank A for negotiation, how should the nominated bank be …
GHÉ THĂM QUÁN MÍT HÔNG BÀ NAM – KÝ ỨC VỀ MỘT MÓN QUÊ 28 Mar 2025 Bốn năm trước, trong chuyến đạp xe đến Tam Kỳ để thưởng thức món mít hông trứ danh, tôi có dịp ghé quán của bà Nam. Khi ấy, tôi ngồi trò chuyện cùng bà và các cô con gái về món ăn vặt dân dã của xứ Quảng. Câu chuyện thú vị đến mức, về nhà, tôi còn viết một …
QUESTION REGARDING DOCUMENT PRESENTATION AFTER LC EXPIRY 27 Mar 2025 QUESTION Dear Mr. Old Man, I have a question regarding the presentation of documents after the expiration of an LC, as follows: • Date and Place of Expiry: April 18, 2025, in Vietnam • Latest Shipment Date: March 30, 2025 • Estimated Time of Departure: April 21, 2025 Given this schedule, I advised the beneficiary to request an amendment from …
CHATTOGRAM VS CHITTAGONG 26 Mar 2025 QUESTION Hi Sir, Short question. LC states “Chattogram seaport” as the place of delivery while BL presented states “Chittagong”. Both names are the same in Bangladeshi. Chattogram = Chittagong. Is this a discrepancy? Best regards, Pocholo Jose Lim — ANSWER Hi, Yes, Chittagong and Chattogram are the same. It is explained that Chittagong is officially called “Chattogram” because “Chattogram” is …
CHECK-IN AT GIANT TURTLE ROCK 26 Mar 2025 Along the celestial road that winds through Hai Van Pass, travelers can pause at various spots to marvel at the majestic pass—once honored by Emperor Minh Mang as “The world’s most majestic pass”. Among these stops, one place stands out: Giant Turtle Rock. About 6 km from the foot of Hai Van Pass, a row of hillside cafés clings precariously …
CYCLING TO VISIT TRA KIEU PARISH 25 Mar 2025 It was a beautiful day when I set out on an 80 km cycling trip to visit Tra Kieu Parish, one of the oldest parishes in the Vietnamese Catholic Church, established around 1630, shortly after Hoi An Parish. Located 40 km southwest of Da Nang, Tra Kieu Parish, also known as the Tra Kieu Marian Center, is an important pilgrimage …
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More
Articles WHO RIDES FOLDING BIKES? Already owning a road bike, a mountain bike, and a touring bike, I couldn’t help but be intrigued by those charming folding bikes I often saw around town. The idea of having one to casually ride aroun… Read More