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Home Tag Archives: article 30(b)

Tag Archives: article 30(b)

More of less 5% – A Small Tolerance, A Big Debate?

By Mr Old Man
April 9, 2026
in :  Mr Old Man, Payment, Q&A
0
136

A familiar situation in documentary credits: a few kilograms short, a few dollars less—and suddenly, Article 30(b) becomes the center of discussion. Does tolerance quietly apply, or does the LC still demand strict compliance? QUESTION Dear Mr. Old Man, Hope you are doing well. Request you to clarify below queries: Case Details: 1 LC allows 5/5 tolerance in LC Value. …

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Negotiation Credit with Expiry in the Issuing Bank’s Country: Where Should Documents Be Presented?

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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

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Negotiation Credit with Expiry in the Issuing Bank’s Country: Where Should Documents Be Presented?

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Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

Anonymous: Hi Mr. Old Man , What about the case where the email in the BL appears as "ABCST...

Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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Timeline

  • December 10, 2025

    Negotiation with Recourse vs. Negotiation without Recourse — What’s the Real Difference?

  • March 15, 2016

    RETURN OF DOCUMENTS

  • February 28, 2022

    SWIFT LÀ GÌ VÀ TẠI SAO NGA BỊ LOẠI KHỎI HỆ THỐNG THANH TOÁN SWIFT?

  • August 18, 2023

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  • March 15, 2010

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