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 Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about credit approval in five seconds, describing it as a technological breakthrough and a sign of leadership in Digital Banking and Digital Lending. After reading it, I … Read More
Phê duyệt tín dụng trong 5 giây – nhanh là tốt, nhưng dân tín dụng “già rơ” nghĩ gì? Sáng nay, Mr. Old Man ngồi một góc quán cà phê, vừa nhâm nhi ly Americano vừa lướt LinkedIn, thì tình cờ đọc được một tút. Một vị CEO chia sẻ rất hào hứng về việc phê duyệt tín dụng trong 5 giây, xem đó là bước đột phá công nghệ và là minh chứng cho vị thế dẫn đầu … Read More
Carbon Taxes – a Strange New Concept That Sends a Retired Old Man to… Google Nearly five years into retirement, I thought I had finally hung up my sword. Turns out, life wasn’t quite ready to let me go. These days, I still find myself poking around my inbox every morning, replying to the usual questions about LC, SBLC, UCP, ISBP… Old habits die hard. This morning, a friend working at the trade finance center … Read More
Carbon taxes – khái niệm lạ hoắc khiến ông già về hưu phải… mở Google Về hưu gần 5 năm rồi, Mr. Old Man cứ tưởng mình đã được “gác kiếm”. Ai dè đời chưa cho nghỉ hẳn: ngày nào cũng còn lọ mọ check mail, trả lời mấy câu hỏi quen thuộc về LC, SBLC, UCP, ISBP… Sáng nay, một ông bạn làm ở trung tâm tài trợ thương mại của ngân hàng lớn … Read More
Which Date Counts? Cargo Receipts vs. Actual Receipt Dates Intro In LC practice, dates on documents often matter more than the facts behind them. One of the most common traps is assuming that a document must reflect the “real” event date. In reality, banks can only judge what appears on the face of the document, not what happened in the warehouse or at the port. This short Q&A looks … Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC? A Swift sent before expiry does not mean you’ve made a valid claim. In standby business, “documents will follow” can be the most expensive sentence of the year… A banker sent me a case that looks simple — until you read it carefully. And as always in standby LCs, the devil is hiding in one small word: “and”. The Case … Read More
Về hưu nên sống ở Sài Gòn hay Đà Nẵng? Nghe thì đơn giản, nhưng câu trả lời lại không hề đơn giản chút nào: còn tuỳ. Nói Đà Nẵng thích hợp hơn Sài Gòn để sống khi về hưu là… không sai, mà là đúng quá luôn. Nhưng hỏi “nên chọn ở đâu?” thì rốt cuộc, mỗi người lại có một chữ tuỳ của riêng mình. Có lẽ trong … Read More
Người già như chiếc xe máy cũ Gặp anh bạn cũ ở quán cà phê, Mr. Old Man chào: “Lâu quá không gặp. Dạo rày anh thế nào?” Anh đưa tay ra, nắm chặt tay Mr. Old Man, bóp mạnh như muốn thử coi còn “gân” không, rồi nheo mắt cười: “Già rồi… như chiếc xe máy cũ!” “Như chiếc Honda chứ?” – Mr. Old Man đùa. … Read More
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy? Intro Questions surrounding insurance documents remain one of the most frequent sources of discrepancy under documentary credits. One recurring issue is whether an insurance certificate showing the assured as “to order” – and endorsed by a party other than the beneficiary – is acceptable when the credit does not name an assured. The following case highlights how ISBP 821 and … Read More
Ăn tô mì Quảng mà cũng nhiều chuyện: Tết nhứt và chuyện tăng giá Sáng Chủ nhật, trời mưa lâm thâm. Cà phê – điểm tâm ở nhà thay vì ngoài phố. Tưởng yên ắng, ai ngờ cũng có chuyện để viết. Bà xã ra đầu hẻm mua đủ thứ: mì Quảng, xúp, bánh bèo, xôi… Nhìn tô mì Quảng Phú Chiêm đầy ắp, Mr. Old Man buột miệng hỏi: “Tô ni bữa ni … Read More
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about credit approval in five seconds, describing it as a technological breakthrough and a sign of leadership in Digital Banking and Digital Lending. After reading it, I … Read More
Phê duyệt tín dụng trong 5 giây – nhanh là tốt, nhưng dân tín dụng “già rơ” nghĩ gì? Sáng nay, Mr. Old Man ngồi một góc quán cà phê, vừa nhâm nhi ly Americano vừa lướt LinkedIn, thì tình cờ đọc được một tút. Một vị CEO chia sẻ rất hào hứng về việc phê duyệt tín dụng trong 5 giây, xem đó là bước đột phá công nghệ và là minh chứng cho vị thế dẫn đầu … Read More
Carbon Taxes – a Strange New Concept That Sends a Retired Old Man to… Google Nearly five years into retirement, I thought I had finally hung up my sword. Turns out, life wasn’t quite ready to let me go. These days, I still find myself poking around my inbox every morning, replying to the usual questions about LC, SBLC, UCP, ISBP… Old habits die hard. This morning, a friend working at the trade finance center … Read More
Carbon taxes – khái niệm lạ hoắc khiến ông già về hưu phải… mở Google Về hưu gần 5 năm rồi, Mr. Old Man cứ tưởng mình đã được “gác kiếm”. Ai dè đời chưa cho nghỉ hẳn: ngày nào cũng còn lọ mọ check mail, trả lời mấy câu hỏi quen thuộc về LC, SBLC, UCP, ISBP… Sáng nay, một ông bạn làm ở trung tâm tài trợ thương mại của ngân hàng lớn … Read More
Which Date Counts? Cargo Receipts vs. Actual Receipt Dates Intro In LC practice, dates on documents often matter more than the facts behind them. One of the most common traps is assuming that a document must reflect the “real” event date. In reality, banks can only judge what appears on the face of the document, not what happened in the warehouse or at the port. This short Q&A looks … Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC? A Swift sent before expiry does not mean you’ve made a valid claim. In standby business, “documents will follow” can be the most expensive sentence of the year… A banker sent me a case that looks simple — until you read it carefully. And as always in standby LCs, the devil is hiding in one small word: “and”. The Case … Read More
Về hưu nên sống ở Sài Gòn hay Đà Nẵng? Nghe thì đơn giản, nhưng câu trả lời lại không hề đơn giản chút nào: còn tuỳ. Nói Đà Nẵng thích hợp hơn Sài Gòn để sống khi về hưu là… không sai, mà là đúng quá luôn. Nhưng hỏi “nên chọn ở đâu?” thì rốt cuộc, mỗi người lại có một chữ tuỳ của riêng mình. Có lẽ trong … Read More
Người già như chiếc xe máy cũ Gặp anh bạn cũ ở quán cà phê, Mr. Old Man chào: “Lâu quá không gặp. Dạo rày anh thế nào?” Anh đưa tay ra, nắm chặt tay Mr. Old Man, bóp mạnh như muốn thử coi còn “gân” không, rồi nheo mắt cười: “Già rồi… như chiếc xe máy cũ!” “Như chiếc Honda chứ?” – Mr. Old Man đùa. … Read More
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy? Intro Questions surrounding insurance documents remain one of the most frequent sources of discrepancy under documentary credits. One recurring issue is whether an insurance certificate showing the assured as “to order” – and endorsed by a party other than the beneficiary – is acceptable when the credit does not name an assured. The following case highlights how ISBP 821 and … Read More
Ăn tô mì Quảng mà cũng nhiều chuyện: Tết nhứt và chuyện tăng giá Sáng Chủ nhật, trời mưa lâm thâm. Cà phê – điểm tâm ở nhà thay vì ngoài phố. Tưởng yên ắng, ai ngờ cũng có chuyện để viết. Bà xã ra đầu hẻm mua đủ thứ: mì Quảng, xúp, bánh bèo, xôi… Nhìn tô mì Quảng Phú Chiêm đầy ắp, Mr. Old Man buột miệng hỏi: “Tô ni bữa ni … Read More
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? 7 Feb 2026 This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about credit approval in five seconds, describing it as a technological breakthrough and a sign of leadership in Digital Banking and Digital Lending. After reading it, I …
Phê duyệt tín dụng trong 5 giây – nhanh là tốt, nhưng dân tín dụng “già rơ” nghĩ gì? 7 Feb 2026 Sáng nay, Mr. Old Man ngồi một góc quán cà phê, vừa nhâm nhi ly Americano vừa lướt LinkedIn, thì tình cờ đọc được một tút. Một vị CEO chia sẻ rất hào hứng về việc phê duyệt tín dụng trong 5 giây, xem đó là bước đột phá công nghệ và là minh chứng cho vị thế dẫn đầu …
Carbon Taxes – a Strange New Concept That Sends a Retired Old Man to… Google 5 Feb 2026 Nearly five years into retirement, I thought I had finally hung up my sword. Turns out, life wasn’t quite ready to let me go. These days, I still find myself poking around my inbox every morning, replying to the usual questions about LC, SBLC, UCP, ISBP… Old habits die hard. This morning, a friend working at the trade finance center …
Carbon taxes – khái niệm lạ hoắc khiến ông già về hưu phải… mở Google 5 Feb 2026 Về hưu gần 5 năm rồi, Mr. Old Man cứ tưởng mình đã được “gác kiếm”. Ai dè đời chưa cho nghỉ hẳn: ngày nào cũng còn lọ mọ check mail, trả lời mấy câu hỏi quen thuộc về LC, SBLC, UCP, ISBP… Sáng nay, một ông bạn làm ở trung tâm tài trợ thương mại của ngân hàng lớn …
Which Date Counts? Cargo Receipts vs. Actual Receipt Dates 4 Feb 2026 Intro In LC practice, dates on documents often matter more than the facts behind them. One of the most common traps is assuming that a document must reflect the “real” event date. In reality, banks can only judge what appears on the face of the document, not what happened in the warehouse or at the port. This short Q&A looks …
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC? 4 Feb 2026 A Swift sent before expiry does not mean you’ve made a valid claim. In standby business, “documents will follow” can be the most expensive sentence of the year… A banker sent me a case that looks simple — until you read it carefully. And as always in standby LCs, the devil is hiding in one small word: “and”. The Case …
Về hưu nên sống ở Sài Gòn hay Đà Nẵng? 3 Feb 2026 Nghe thì đơn giản, nhưng câu trả lời lại không hề đơn giản chút nào: còn tuỳ. Nói Đà Nẵng thích hợp hơn Sài Gòn để sống khi về hưu là… không sai, mà là đúng quá luôn. Nhưng hỏi “nên chọn ở đâu?” thì rốt cuộc, mỗi người lại có một chữ tuỳ của riêng mình. Có lẽ trong …
Người già như chiếc xe máy cũ 3 Feb 2026 Gặp anh bạn cũ ở quán cà phê, Mr. Old Man chào: “Lâu quá không gặp. Dạo rày anh thế nào?” Anh đưa tay ra, nắm chặt tay Mr. Old Man, bóp mạnh như muốn thử coi còn “gân” không, rồi nheo mắt cười: “Già rồi… như chiếc xe máy cũ!” “Như chiếc Honda chứ?” – Mr. Old Man đùa. …
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy? 3 Feb 2026 Intro Questions surrounding insurance documents remain one of the most frequent sources of discrepancy under documentary credits. One recurring issue is whether an insurance certificate showing the assured as “to order” – and endorsed by a party other than the beneficiary – is acceptable when the credit does not name an assured. The following case highlights how ISBP 821 and …
Ăn tô mì Quảng mà cũng nhiều chuyện: Tết nhứt và chuyện tăng giá 2 Feb 2026 Sáng Chủ nhật, trời mưa lâm thâm. Cà phê – điểm tâm ở nhà thay vì ngoài phố. Tưởng yên ắng, ai ngờ cũng có chuyện để viết. Bà xã ra đầu hẻm mua đủ thứ: mì Quảng, xúp, bánh bèo, xôi… Nhìn tô mì Quảng Phú Chiêm đầy ắp, Mr. Old Man buột miệng hỏi: “Tô ni bữa ni …
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?
Articles Credit Approval in 5 Seconds – Fast Is Good, But What Do Old Credit Hands Think? This morning, I was sitting in a corner of a coffee shop, slowly enjoying a cup of Americano while scrolling through LinkedIn, when a post caught my attention. A CEO was sharing enthusiastically about… Read More
A Claim in Time Is Not a Claim in Law: Must the Statement of Default Be Presented Within the Validity of an SBLC?
Insurance Certificate “To Order” and Blank Endorsement: Is the Absence of a Named Assured a Discrepancy?