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Home Tag Archives: 21 day presentation rule

Tag Archives: 21 day presentation rule

UNDERSTANDING THE 21 – DAY PRESENTATION RULE UNDER UCP 600

By Mr Old Man
June 3, 2025
in :  Mr Old Man, Payment, Q&A
0
410

QUESTION Hi Mr. Old Man, I have a few questions I’d like to ask: As I understand it, the expiry date = latest shipment date + period for presentation, which is typically 21 days. In the example I mentioned, the expiry date is 30 days, and the credit does not specify a presentation period. My first question: for the bill …

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Mr Old Man: Dear Kathryn, Thank you for your interesting question. First, banks do not conce...

Kathryn: Dear Mr. Old Man, May I seek your opinion on the following scenario? If goods ar...

Bill: And know your customer....

Mr Old Man: Thank you so much for your kind words. Rup...

Monkey Mountain Challenge 2025 negotiation Documents lost in transit Amendment On board notation SBLC non-documentary conditions CPBL Court Injunction DRAFTS Late presentation Surrendered bill of lading any chinese port expiry-date lc-expired place-of-expiry lc-availability Revolving LC Where the applicant goes bankrupt Where 1/3 BL is to be sent directly to the issuing Insurance document Disposal of docs invoice beneficiarys-name Tà Lang

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