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
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Vỉa hè – giữa “văn hóa” và “văn minh” 6 Apr 2026 Một người bạn nước ngoài sống ở Đà Nẵng đã để lại một bình luận rất thú vị dưới bài viết của Mr. Old Man về chuyện vỉa hè. Xem bài viết đó ở đây: Bàn một chút về chuyện vỉa hè ở Đà Nẵng – Mr. Old Man Bạn nói rằng: vỉa hè ở Việt Nam, với hàng quán, …
Article 24 (a)(i) – Signature or Receipt of Goods: One, the Other, or Both? 5 Apr 2026 Intro: At first glance, UCP 600 article 24 (a)(i) seems straightforward. Yet the small word “or” often raises a practical question: must a transport document be both signed and indicate receipt of goods—or is one enough? The answer lies in reading the structure carefully, and in understanding how ISBP 821 complements (but does not change) the rule. Question Hi Sir, …
Sợ bị rớt visa đi Mỹ ??? 5 Apr 2026 Mr. Old Man vừa chia sẻ trên Facebook một bài viết về “No Kings Protest”, kèm theo một đoạn clip người dân New York xuống đường, cùng hát vang Imagine của John Lennon — không phải để bàn chuyện chính trị, mà chỉ để nhắc lại một điều ai cũng hiểu : mong muốn được sống trong hòa bình. Phiên …
Chuyện chữ nghĩa ở bãi biển 4 Apr 2026 Bãi biển đường Nguyễn Tất Thành dài hơn chục cây số, có vài bãi tắm “chính thức” — có cứu hộ, có giữ xe, có tắm nước ngọt đàng hoàng. Còn lại là một dải biển dài… kèm theo những tấm bảng “cấm tắm” song ngữ Anh – Việt, đại loại như vầy: DANGER NGUY HIỂM KHU VỰC KHÔNG CÓ …
MT999: Accept or Refuse? 3 Apr 2026 Intro MT999 is often used as a free format SWIFT message between banks. It looks simple and convenient. But when it is not authenticated, especially in documentary credit transactions, it may create risks that are not always clearly understood. QUESTION Dear Mr. Old Man, We would be interested to know how your bank treats non-authenticated SWIFT message MT999: How are …
Bàn một chút về chuyện vỉa hè ở Đà Nẵng 3 Apr 2026 Sau những ngày ra quân rầm rộ, vỉa hè trên nhiều tuyến phố trung tâm Đà Nẵng đã phần nào được trả lại không gian cho người đi bộ. Điều đó cho thấy quyết tâm của lãnh đạo thành phố trong việc xây dựng Đà Nẵng trở thành đô thị xanh – sạch – đẹp, văn minh, hiện đại; xứng …
Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is whether an issuing bank may refuse documents when the credit number appears incorrectly, even though the mistake is merely the result of a typing error. The following question concerns a situation in … Read More
Late Payment Interest Claim under a Sight Letter of Credit Under a sight letter of credit, the issuing bank is required to honour a complying presentation. However, UCP 600 also grants banks up to five banking days to examine the documents. The question often arises whether an issuing bank that effects payment after the expiry of the five-day examination period is liable to pay late-payment interest, particularly when the credit … Read More
Does “Clean On Board” Eliminate the Need for a Dated Onboard Notation? A recurring question in documentary credit practice is whether the issue date of a bill of lading may be treated as the shipment date when the document is pre-printed “Received by the carrier” but also bears the wording “Clean On Board”. The answer is not always straightforward and depends on the interaction between UCP 600, ISBP, and ICC Banking Commission … Read More
Does a Certificate Stating Compliance with a Phytosanitary Certificate Satisfy the L/C Requirement? Introduction: The interpretation of documentary requirements containing multiple alternatives linked by the word “or” can sometimes lead to different conclusions between the issuing bank and the beneficiary. The following case concerns an L/C clause requiring a certificate relating to the treatment of wood packing material, where the issuing bank and the beneficiary bank adopted different interpretations of the same wording. … Read More
Origin Station vs. Airport of Departure on an Air Waybill A reader recently asked whether an air waybill would be discrepant if it uses the terms “Origin Station” and “Destination Station” instead of “Airport of Departure” and “Airport of Destination” required by the letter of credit. The reader also asked whether the presence of both a Master Air Waybill (MAWB) number and a House Air Waybill (HAWB) number, together with … Read More
Bill of Lading or Multimodal Transport Document? Which UCP 600 Article Applies? A credit requires a “full set clean on board bill of lading” but, at the same time, field 44A specifies an inland place of taking in charge, while fields 44E and 44F indicate the port of loading and port of discharge. A multimodal transport document is subsequently presented, bearing only the notation “Received for Shipment” and no dated on-board notation. … Read More
Đà Nẵng – Thành phố xe đạp: Mr. Old Man sai rồi! Hơn 10 năm trước, Mr. Old Man từng viết bài “Đà Nẵng – Thành phố xe đạp. Tại sao không?”, đăng trên trang Quản lý Đô thị Đà Nẵng. Bài viết đề xuất một tầm nhìn dài hạn nhằm biến Đà Nẵng trở thành thành phố xe đạp đầu tiên của Việt Nam, xem xe đạp là một giải pháp … Read More
Thay avatar Chơi Facebook cũng hơn 17 năm, đã vài lần thay avatar, nhưng lần gần nhất chắc cũng ngót nghét chục năm rồi. Nhìn tấm ảnh cũ, trẻ trung và khỏe mạnh thì cũng thích thật, nhưng để mãi đôi khi thấy hơi… kỳ kỳ. Mấy ông bạn cà phê còn trêu: “Trông trẻ ghê hè. Đổi nick thành Mr. Young … Read More
Tào lao xịt bợp, tào lao khú đế, tào lao thiên địa, tào lao bí đao… Sáng nay có bạn hỏi, không biết đùa hay thật: – Sao lâu rồi không thấy Mr. Old Man viết mấy bài “tào lao”? – Tào lao thì cũng cần có cảm hứng mới viết được. Chứ cố viết, có khi lại đánh mất luôn cái chất tào lao. Đúng là giữa đống bài nghiệp vụ chuyên môn, thỉnh thoảng … Read More
Is There a Cure for AI Voice Fatigue? These days, AI voices seem to be everywhere. Commercials on TV, breaking news, even commentary on wars and international conflicts—all narrated by AI. At first, Mr. Old Man didn’t think much of it. The voices were pleasant enough. But after hearing them day after day, he has started to develop what might be called AI voice fatigue. The worst part … Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is whether an issuing bank may refuse documents when the credit number appears incorrectly, even though the mistake is merely the result of a typing error. The following question concerns a situation in … Read More
Late Payment Interest Claim under a Sight Letter of Credit Under a sight letter of credit, the issuing bank is required to honour a complying presentation. However, UCP 600 also grants banks up to five banking days to examine the documents. The question often arises whether an issuing bank that effects payment after the expiry of the five-day examination period is liable to pay late-payment interest, particularly when the credit … Read More
Does “Clean On Board” Eliminate the Need for a Dated Onboard Notation? A recurring question in documentary credit practice is whether the issue date of a bill of lading may be treated as the shipment date when the document is pre-printed “Received by the carrier” but also bears the wording “Clean On Board”. The answer is not always straightforward and depends on the interaction between UCP 600, ISBP, and ICC Banking Commission … Read More
Does a Certificate Stating Compliance with a Phytosanitary Certificate Satisfy the L/C Requirement? Introduction: The interpretation of documentary requirements containing multiple alternatives linked by the word “or” can sometimes lead to different conclusions between the issuing bank and the beneficiary. The following case concerns an L/C clause requiring a certificate relating to the treatment of wood packing material, where the issuing bank and the beneficiary bank adopted different interpretations of the same wording. … Read More
Origin Station vs. Airport of Departure on an Air Waybill A reader recently asked whether an air waybill would be discrepant if it uses the terms “Origin Station” and “Destination Station” instead of “Airport of Departure” and “Airport of Destination” required by the letter of credit. The reader also asked whether the presence of both a Master Air Waybill (MAWB) number and a House Air Waybill (HAWB) number, together with … Read More
Bill of Lading or Multimodal Transport Document? Which UCP 600 Article Applies? A credit requires a “full set clean on board bill of lading” but, at the same time, field 44A specifies an inland place of taking in charge, while fields 44E and 44F indicate the port of loading and port of discharge. A multimodal transport document is subsequently presented, bearing only the notation “Received for Shipment” and no dated on-board notation. … Read More
Đà Nẵng – Thành phố xe đạp: Mr. Old Man sai rồi! Hơn 10 năm trước, Mr. Old Man từng viết bài “Đà Nẵng – Thành phố xe đạp. Tại sao không?”, đăng trên trang Quản lý Đô thị Đà Nẵng. Bài viết đề xuất một tầm nhìn dài hạn nhằm biến Đà Nẵng trở thành thành phố xe đạp đầu tiên của Việt Nam, xem xe đạp là một giải pháp … Read More
Thay avatar Chơi Facebook cũng hơn 17 năm, đã vài lần thay avatar, nhưng lần gần nhất chắc cũng ngót nghét chục năm rồi. Nhìn tấm ảnh cũ, trẻ trung và khỏe mạnh thì cũng thích thật, nhưng để mãi đôi khi thấy hơi… kỳ kỳ. Mấy ông bạn cà phê còn trêu: “Trông trẻ ghê hè. Đổi nick thành Mr. Young … Read More
Tào lao xịt bợp, tào lao khú đế, tào lao thiên địa, tào lao bí đao… Sáng nay có bạn hỏi, không biết đùa hay thật: – Sao lâu rồi không thấy Mr. Old Man viết mấy bài “tào lao”? – Tào lao thì cũng cần có cảm hứng mới viết được. Chứ cố viết, có khi lại đánh mất luôn cái chất tào lao. Đúng là giữa đống bài nghiệp vụ chuyên môn, thỉnh thoảng … Read More
Is There a Cure for AI Voice Fatigue? These days, AI voices seem to be everywhere. Commercials on TV, breaking news, even commentary on wars and international conflicts—all narrated by AI. At first, Mr. Old Man didn’t think much of it. The voices were pleasant enough. But after hearing them day after day, he has started to develop what might be called AI voice fatigue. The worst part … Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? 8 Aug 2026 It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is whether an issuing bank may refuse documents when the credit number appears incorrectly, even though the mistake is merely the result of a typing error. The following question concerns a situation in …
Late Payment Interest Claim under a Sight Letter of Credit 8 Aug 2026 Under a sight letter of credit, the issuing bank is required to honour a complying presentation. However, UCP 600 also grants banks up to five banking days to examine the documents. The question often arises whether an issuing bank that effects payment after the expiry of the five-day examination period is liable to pay late-payment interest, particularly when the credit …
Does “Clean On Board” Eliminate the Need for a Dated Onboard Notation? 8 Aug 2026 A recurring question in documentary credit practice is whether the issue date of a bill of lading may be treated as the shipment date when the document is pre-printed “Received by the carrier” but also bears the wording “Clean On Board”. The answer is not always straightforward and depends on the interaction between UCP 600, ISBP, and ICC Banking Commission …
Does a Certificate Stating Compliance with a Phytosanitary Certificate Satisfy the L/C Requirement? 8 Aug 2026 Introduction: The interpretation of documentary requirements containing multiple alternatives linked by the word “or” can sometimes lead to different conclusions between the issuing bank and the beneficiary. The following case concerns an L/C clause requiring a certificate relating to the treatment of wood packing material, where the issuing bank and the beneficiary bank adopted different interpretations of the same wording. …
Origin Station vs. Airport of Departure on an Air Waybill 7 Aug 2026 A reader recently asked whether an air waybill would be discrepant if it uses the terms “Origin Station” and “Destination Station” instead of “Airport of Departure” and “Airport of Destination” required by the letter of credit. The reader also asked whether the presence of both a Master Air Waybill (MAWB) number and a House Air Waybill (HAWB) number, together with …
Bill of Lading or Multimodal Transport Document? Which UCP 600 Article Applies? 7 Aug 2026 A credit requires a “full set clean on board bill of lading” but, at the same time, field 44A specifies an inland place of taking in charge, while fields 44E and 44F indicate the port of loading and port of discharge. A multimodal transport document is subsequently presented, bearing only the notation “Received for Shipment” and no dated on-board notation. …
Đà Nẵng – Thành phố xe đạp: Mr. Old Man sai rồi! 7 Aug 2026 Hơn 10 năm trước, Mr. Old Man từng viết bài “Đà Nẵng – Thành phố xe đạp. Tại sao không?”, đăng trên trang Quản lý Đô thị Đà Nẵng. Bài viết đề xuất một tầm nhìn dài hạn nhằm biến Đà Nẵng trở thành thành phố xe đạp đầu tiên của Việt Nam, xem xe đạp là một giải pháp …
Thay avatar 6 Aug 2026 Chơi Facebook cũng hơn 17 năm, đã vài lần thay avatar, nhưng lần gần nhất chắc cũng ngót nghét chục năm rồi. Nhìn tấm ảnh cũ, trẻ trung và khỏe mạnh thì cũng thích thật, nhưng để mãi đôi khi thấy hơi… kỳ kỳ. Mấy ông bạn cà phê còn trêu: “Trông trẻ ghê hè. Đổi nick thành Mr. Young …
Tào lao xịt bợp, tào lao khú đế, tào lao thiên địa, tào lao bí đao… 3 Aug 2026 Sáng nay có bạn hỏi, không biết đùa hay thật: – Sao lâu rồi không thấy Mr. Old Man viết mấy bài “tào lao”? – Tào lao thì cũng cần có cảm hứng mới viết được. Chứ cố viết, có khi lại đánh mất luôn cái chất tào lao. Đúng là giữa đống bài nghiệp vụ chuyên môn, thỉnh thoảng …
Is There a Cure for AI Voice Fatigue? 1 Aug 2026 These days, AI voices seem to be everywhere. Commercials on TV, breaking news, even commentary on wars and international conflicts—all narrated by AI. At first, Mr. Old Man didn’t think much of it. The voices were pleasant enough. But after hearing them day after day, he has started to develop what might be called AI voice fatigue. The worst part …
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More
Mr Old Man Mistyping of the L/C Number on Documents: Is It a Valid Discrepancy? It is common for documentary credits to require that all presented documents indicate the credit number. In practice, however, typographical errors occasionally occur. A frequently asked question is w… Read More