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Home Tag Archives: checking the LC terms and conditions

Tag Archives: checking the LC terms and conditions

Should an Advising Bank Go Beyond Its UCP 600 Obligations?

By Mr Old Man
June 18, 2026
in :  Mr Old Man, Payment, Q&A
1
79

The role of an advising bank under UCP 600 is relatively straightforward: verify the apparent authenticity of the credit and accurately advise its terms to the beneficiary. But should an advising bank go further and alert its customer to ambiguous, impractical, or potentially troublesome conditions in the credit? A reader recently raised this interesting question. Question Interesting post. I would …

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Thanh toán T/T trong kinh doanh chuyển khẩu hàng hóa

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1 day ago

Chết vẫn còn…

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One LC, Two Modes of Transport in One Presentation: What Are the Risks?

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Nằm mơ thấy toilet thì chớ dại …!

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UCP 600 ARTICLES 30 AND 31

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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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