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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
361

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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Issuance Dates of Documents under UCP 600: What Does Sub-article 14(i) Really Mean?

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

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Top Tags Documents lost in transit CPBL Monkey Mountain Challenge 2025 SBLC Amendment On board notation any chinese port negotiation non-documentary conditions expiry-date Surrendered bill of lading DRAFTS Late presentation Court Injunction beneficiarys-name
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