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
Who Must Endorse the Bill of Lading? 23 Mar 2026 When a bill of lading shows one party as shipper “on behalf of” another, a simple but important question arises: who is entitled to endorse the document? This issue becomes critical under a letter of credit, where a mismatch between the named shipper and the endorser can lead to refusal—even when the underlying trade arrangement is perfectly normal. Question Dear …
Cô hàng bánh xèo chợ Nồi Rang 23 Mar 2026 Nhiều năm trước, khi Mr. Old Man còn đủ sức đạp xe lên rừng xuống biển, rong ruổi qua bao nhiêu miền quê để tìm những điều giản dị mà thú vị, thì chợ Nồi Rang là một trong những điểm dừng chân đáng nhớ. Chuyến đi ấy sau này thành bài “Đi chợ Nồi Rang” đăng trên Vietcombank Newsletter. …
Quay clip rồi “bóc mẻ” khách hàng trên mạng – đúng hay sai? 21 Mar 2026 Mấy ngày nay mạng xã hội xôn xao chuyện một anh tài xế Grab quay lại cảnh khách đi xe có lời lẽ không hay, rồi đăng lên mạng để “bóc mẻ”. Cộng đồng mạng thì… như thường lệ: người bênh tài xế, người “ném đá” anh khách — vốn là một nhạc sĩ cũng có chút tiếng tăm. Nói …
LC Case Discussion: Stop-Payment Order, Mistaken Payment, and Refund Claim 19 Mar 2026 The following case is adapted from a recent discussion shared on LinkedIn by Mr. Xin Zhong. As with many practical cases discussed in professional forums, certain facts may be condensed, but the issues raised are both common and worth closer examination. ___ QUESTION Recent LC case in China Case Summary: Issuing Bank: A Bank, Ho Chi Minh City Branch Negotiating …
Mr. Old Man từ chuyên gia thanh toán quốc tế… sang tư vấn thu hồi tài sản 19 Mar 2026 Hôm qua Mr. Old Man nổi hứng chia sẻ trên Facebook (kèm bản tiếng Anh cho có “quốc tế”) bài viết: “Ai gan to dám trộm xe của Kieran Barry? Mang trả lại ngay kẻo…” Chuyện là Kieran Barry — một tay đạp xe “không phải dạng vừa” ở Đà Nẵng — vừa bị “nẫng” mất chiếc Cannondale. Anh đăng …
Mì Quảng hay mỳ Quảng – hỏi chơi, ai cũng trả lời thiệt 18 Mar 2026 Hôm trước, Mr. Old Man nổi hứng làm một cuộc “khảo sát mini” rất đời thường: viết mì Quảng hay mỳ Quảng mới đúng? Tưởng thiên hạ sẽ ngán, vì suốt một tuần liền sáng nào Mr. Old Man cũng “rủ rê” bằng đúng một món – mì Quảng. Ai dè, càng mời càng đông. Hóa ra với người Quảng, …
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