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 **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
ADDING CONFIRMATION TO AN LC ALREADY CONFIRMED 4 Mar 2010 QUESTION Hello, I need some help. Is it possible for another bank to add confirmation to an LC that has already been confirmed? In other words, can an LC have two open confirmations from two separate banks? Thank you in advance. Kind regards, Emsequeira ———– ANSWER Dear Emsequeira, In trade finance, almost anything is possible—provided the parties involved are willing …
**When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Accra Convention on Negotiable Cargo Documents — marks a notable development in international trade law. For the first time, the negotiability of transport documents — long primarily associated with ocean … Read More
Ocean Bill of Lading with Inland Final Destination — Article 19 or Article 20? Intro One of the most common — and persistent — areas of confusion in document examination arises when a credit requires an ocean bill of lading, but the routing information in the L/C or the transport document refers to an inland final destination. Does this automatically turn the document into a multimodal transport document to be examined under UCP 600 … Read More
Mr. Old Man sai mà vui!!! Tối qua, Mr. Old Man ngồi xem trực tiếp trận chung kết bóng đá SEA Games 33 giữa Việt Nam và Thái Lan. Xem mà buồn thúi ruột: U22 Việt Nam bị dẫn 2–0 ngay từ hiệp 1. Thất vọng quá, Mr. Old Man tắt TV, leo lên giường lướt Facebook cho đỡ tức thì bắt gặp Son Đinh Hoàng … Read More
Fire, General Average, and LC Obligations Can Documents Still Be Presented — and Should the LC Be Amended? Intro In international trade, accidents at sea are not uncommon. Fires, groundings, and collisions may lead to cargo damage and the declaration of General Average by the carrier or salvor. When such events occur before documents are presented under a letter of credit, issuing banks are often confronted … Read More
Mr. Old Man và 2.000 km Không Cần VAR Mr. Old Man từng là tay chơi xe đạp “không phải dạng vừa”. Mỗi sáng leo đèo Hải Vân như đi chợ, đỉnh Khỉ Già thì ngày nào cũng lên ngắm mây, đều như vắt chanh. Có tháng hăng lên đạp tới 3.200 km, không biết mệt là gì. Tính sơ sơ, 5 năm gom lại cũng đủ quãng đường … Read More
Mr. Old Man không nghiện cà phê!? Đặt câu hỏi vậy cho có vẻ… nghiêm trọng, chứ thật ra nếu đã gọi là nghiện thì thường khó bỏ. Còn Mr. Old Man thì khác. Muốn bỏ là bỏ được liền, không luyến tiếc, không day dứt, không cần cai nghiện gì ráo trọi. Mr. Old Man bắt đầu uống cà phê – và cả hút thuốc – … Read More
Manually Signed Invoice vs. Digitally Signed Invoice When ISBP Default Rules Meet an Express LC Requirement One of the most common misunderstandings in document checking arises from relying on ISBP default provisions while overlooking what the credit itself expressly requires. A typical example is the commercial invoice: ISBP tells us when an invoice need not be signed — but what happens when the LC explicitly calls for … Read More
Khi Hợp Đồng Khép Lại, Cuộc Sống Vẫn Tiếp Diễn Một cuộc trao đổi lặng lẽ giữa hai người làm ngân hàng ở ngưỡng nghỉ hưu – Khi năm tháng dần chồng chất, những câu chuyện nghề nghiệp cũng lặng lẽ đổi hình hài. Chúng không còn xoay quanh thăng chức, hệ thống hay sản phẩm mới, mà nghiêng nhiều hơn về thời điểm, tính vô thường và những gì … Read More
When the Contract Ends, Life Continues A Quiet Exchange Between Two Bankers at the Edge of Retirement Intro As the years add up, professional conversations slowly change their shape. They are no longer about promotions, systems, or new products, but about timing, impermanence, and what remains when a long career reaches its natural pause. A few days ago, Mr. Old Man received a thoughtful email from … Read More
WHETHER A CONFIRMING BANK IS A NOMINATED BANK — AND WHAT HAPPENS WHEN THERE ARE TWO CONFIRMING BANKS INTRODUCTION Questions about whether a confirming bank is also a nominated bank may sound academic at first glance, but in practice they can become critically important — especially when a credit involves more than one confirming bank, a specific place of expiry, and documents moving across several borders. This Q&A examines a real-life scenario involving two confirming banks and explores … Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
**When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Accra Convention on Negotiable Cargo Documents — marks a notable development in international trade law. For the first time, the negotiability of transport documents — long primarily associated with ocean … Read More
Ocean Bill of Lading with Inland Final Destination — Article 19 or Article 20? Intro One of the most common — and persistent — areas of confusion in document examination arises when a credit requires an ocean bill of lading, but the routing information in the L/C or the transport document refers to an inland final destination. Does this automatically turn the document into a multimodal transport document to be examined under UCP 600 … Read More
Mr. Old Man sai mà vui!!! Tối qua, Mr. Old Man ngồi xem trực tiếp trận chung kết bóng đá SEA Games 33 giữa Việt Nam và Thái Lan. Xem mà buồn thúi ruột: U22 Việt Nam bị dẫn 2–0 ngay từ hiệp 1. Thất vọng quá, Mr. Old Man tắt TV, leo lên giường lướt Facebook cho đỡ tức thì bắt gặp Son Đinh Hoàng … Read More
Fire, General Average, and LC Obligations Can Documents Still Be Presented — and Should the LC Be Amended? Intro In international trade, accidents at sea are not uncommon. Fires, groundings, and collisions may lead to cargo damage and the declaration of General Average by the carrier or salvor. When such events occur before documents are presented under a letter of credit, issuing banks are often confronted … Read More
Mr. Old Man và 2.000 km Không Cần VAR Mr. Old Man từng là tay chơi xe đạp “không phải dạng vừa”. Mỗi sáng leo đèo Hải Vân như đi chợ, đỉnh Khỉ Già thì ngày nào cũng lên ngắm mây, đều như vắt chanh. Có tháng hăng lên đạp tới 3.200 km, không biết mệt là gì. Tính sơ sơ, 5 năm gom lại cũng đủ quãng đường … Read More
Mr. Old Man không nghiện cà phê!? Đặt câu hỏi vậy cho có vẻ… nghiêm trọng, chứ thật ra nếu đã gọi là nghiện thì thường khó bỏ. Còn Mr. Old Man thì khác. Muốn bỏ là bỏ được liền, không luyến tiếc, không day dứt, không cần cai nghiện gì ráo trọi. Mr. Old Man bắt đầu uống cà phê – và cả hút thuốc – … Read More
Manually Signed Invoice vs. Digitally Signed Invoice When ISBP Default Rules Meet an Express LC Requirement One of the most common misunderstandings in document checking arises from relying on ISBP default provisions while overlooking what the credit itself expressly requires. A typical example is the commercial invoice: ISBP tells us when an invoice need not be signed — but what happens when the LC explicitly calls for … Read More
Khi Hợp Đồng Khép Lại, Cuộc Sống Vẫn Tiếp Diễn Một cuộc trao đổi lặng lẽ giữa hai người làm ngân hàng ở ngưỡng nghỉ hưu – Khi năm tháng dần chồng chất, những câu chuyện nghề nghiệp cũng lặng lẽ đổi hình hài. Chúng không còn xoay quanh thăng chức, hệ thống hay sản phẩm mới, mà nghiêng nhiều hơn về thời điểm, tính vô thường và những gì … Read More
When the Contract Ends, Life Continues A Quiet Exchange Between Two Bankers at the Edge of Retirement Intro As the years add up, professional conversations slowly change their shape. They are no longer about promotions, systems, or new products, but about timing, impermanence, and what remains when a long career reaches its natural pause. A few days ago, Mr. Old Man received a thoughtful email from … Read More
WHETHER A CONFIRMING BANK IS A NOMINATED BANK — AND WHAT HAPPENS WHEN THERE ARE TWO CONFIRMING BANKS INTRODUCTION Questions about whether a confirming bank is also a nominated bank may sound academic at first glance, but in practice they can become critically important — especially when a credit involves more than one confirming bank, a specific place of expiry, and documents moving across several borders. This Q&A examines a real-life scenario involving two confirming banks and explores … Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
**When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** 20 Dec 2025 Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Accra Convention on Negotiable Cargo Documents — marks a notable development in international trade law. For the first time, the negotiability of transport documents — long primarily associated with ocean …
Ocean Bill of Lading with Inland Final Destination — Article 19 or Article 20? 19 Dec 2025 Intro One of the most common — and persistent — areas of confusion in document examination arises when a credit requires an ocean bill of lading, but the routing information in the L/C or the transport document refers to an inland final destination. Does this automatically turn the document into a multimodal transport document to be examined under UCP 600 …
Mr. Old Man sai mà vui!!! 19 Dec 2025 Tối qua, Mr. Old Man ngồi xem trực tiếp trận chung kết bóng đá SEA Games 33 giữa Việt Nam và Thái Lan. Xem mà buồn thúi ruột: U22 Việt Nam bị dẫn 2–0 ngay từ hiệp 1. Thất vọng quá, Mr. Old Man tắt TV, leo lên giường lướt Facebook cho đỡ tức thì bắt gặp Son Đinh Hoàng …
Fire, General Average, and LC Obligations 18 Dec 2025 Can Documents Still Be Presented — and Should the LC Be Amended? Intro In international trade, accidents at sea are not uncommon. Fires, groundings, and collisions may lead to cargo damage and the declaration of General Average by the carrier or salvor. When such events occur before documents are presented under a letter of credit, issuing banks are often confronted …
Mr. Old Man và 2.000 km Không Cần VAR 18 Dec 2025 Mr. Old Man từng là tay chơi xe đạp “không phải dạng vừa”. Mỗi sáng leo đèo Hải Vân như đi chợ, đỉnh Khỉ Già thì ngày nào cũng lên ngắm mây, đều như vắt chanh. Có tháng hăng lên đạp tới 3.200 km, không biết mệt là gì. Tính sơ sơ, 5 năm gom lại cũng đủ quãng đường …
Mr. Old Man không nghiện cà phê!? 17 Dec 2025 Đặt câu hỏi vậy cho có vẻ… nghiêm trọng, chứ thật ra nếu đã gọi là nghiện thì thường khó bỏ. Còn Mr. Old Man thì khác. Muốn bỏ là bỏ được liền, không luyến tiếc, không day dứt, không cần cai nghiện gì ráo trọi. Mr. Old Man bắt đầu uống cà phê – và cả hút thuốc – …
Manually Signed Invoice vs. Digitally Signed Invoice 14 Dec 2025 When ISBP Default Rules Meet an Express LC Requirement One of the most common misunderstandings in document checking arises from relying on ISBP default provisions while overlooking what the credit itself expressly requires. A typical example is the commercial invoice: ISBP tells us when an invoice need not be signed — but what happens when the LC explicitly calls for …
Khi Hợp Đồng Khép Lại, Cuộc Sống Vẫn Tiếp Diễn 14 Dec 2025 Một cuộc trao đổi lặng lẽ giữa hai người làm ngân hàng ở ngưỡng nghỉ hưu – Khi năm tháng dần chồng chất, những câu chuyện nghề nghiệp cũng lặng lẽ đổi hình hài. Chúng không còn xoay quanh thăng chức, hệ thống hay sản phẩm mới, mà nghiêng nhiều hơn về thời điểm, tính vô thường và những gì …
When the Contract Ends, Life Continues 13 Dec 2025 A Quiet Exchange Between Two Bankers at the Edge of Retirement Intro As the years add up, professional conversations slowly change their shape. They are no longer about promotions, systems, or new products, but about timing, impermanence, and what remains when a long career reaches its natural pause. A few days ago, Mr. Old Man received a thoughtful email from …
WHETHER A CONFIRMING BANK IS A NOMINATED BANK — AND WHAT HAPPENS WHEN THERE ARE TWO CONFIRMING BANKS 13 Dec 2025 INTRODUCTION Questions about whether a confirming bank is also a nominated bank may sound academic at first glance, but in practice they can become critically important — especially when a credit involves more than one confirming bank, a specific place of expiry, and documents moving across several borders. This Q&A examines a real-life scenario involving two confirming banks and explores …
**When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP**
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
Articles **When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP** Introduction The United Nations’ formal adoption of a new convention on negotiable cargo documents — the United Nations Convention on Negotiable Cargo Documents (New York, 2025), also known as the Acc… Read More
**When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP**
**When Negotiable Cargo Documents Move Beyond Ocean Bills of Lading: A New Challenge for Letters of Credit and the UCP**