SHOULD THE ISSUING BANK REQUIRE THE INSURANCE POLICY TO NAME ITSELF AS THE ASSURED PARTY?.
Home Uncategorized SHOULD THE ISSUING BANK REQUIRE THE INSURANCE POLICY TO NAME ITSELF AS THE ASSURED PARTY?
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D/P AT XXX DAYS AFTER BL DATE
QUESTION Dear Mr. Old Man, As far as I know there are only two types of collection: D/P (D… -
QUESTIONS REGARDING BPO
QUESTION Kính gửi anh Old Man, Hiện nay em cũng đang nghiên cứu về sản phẩm BPO, tuy nhiên… -
NEGOTIATION WITH OR WITHOUT RECOURSE
QUESTION In response to a query at http://letterofcreditforum.com/content/i-need-some-clar… -
CHANGING PAYMENT TERMS OF THE LC
QUESTION Dear Sir. Need a clarification on transferable LC regarding clause 42C. – I… -
AMOUNT OF COVER
QUESTION The LC was issued for $8,000 showing as follows: – Field 45: Commodity: Fab… -
LC WITH SPECIAL PAYMENT CONDITION
QUESTION Our company is specialized in importing P-phones. Our policy is that the quality,… -
AUTHENTICATION OF CORRECTIONS ON BILL OF LADING AND INVOICE
QUESTION LC states: – Special condition: Documents showing anycorrections without au… -
LC CONFIRMED BY THE FIRST ADVISING BANK
QUESTION Dear Mr. Old Man, I follow up your blog and see it very helpful. I have a questio… -
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WHERE DOCUMENTS UNDER D/P ARE NOT PAID
QUESTION Dear Mr. Old Man, I have the following case that needs your advice: A seller sign… -
BILL OF LADING DATED PRIOR TO LC ISSUANCE DATE
QUESTION Dear Mr. Old Man If B/L dated 4 months before LC issuance date, is it acceptable?… -
INVOICE NOT CERTIFYING WHAT HAS NOT BEEN SHIPPED
QUESTION Dear Sir, LC allows both AIR and SEA shipment. Amount: USD 100,000 Shipment by AI… -
WHAT IS THE IMPACT OF EXCLUSION OF UCP 600 SUB-ARTICLE 12b?
QUESTION Dear Mr. Old Man, I hope my email finds you doing well I would ask you if the iss… -
IS THE NOMINATED BANK REQUIRED TO VERIFY WHETHER THE BENEFICIARY HAS AUTHORIZED THE PRESENTING BANK TO PRESENT THE DOCUMENTS?
QUESTION Dear Mr. Old Man, I hope you’re doing well. Could you please help clarify the fol…
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INVOICE NOT CERTIFYING WHAT HAS NOT BEEN SHIPPED
QUESTION Dear Sir, LC allows both AIR and SEA shipment. Amount: USD 100,000 Shipment by AI…
