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Home Tag Archives: Documentary credits

Tag Archives: Documentary credits

Documentary Credits: Safe… but not as certain as we think

By Mr Old Man
April 14, 2026
in :  Articles, Mr Old Man, Payment, Q&A
0
84

This article is inspired by “Documentary credits and the illusion of certainty – resolving the real problem” by David Meynell. □ We tend to think of letters of credit as a “safe” method of payment. As long as documents comply with the terms of the credit and UCP 600, payment should follow. Banks examine documents, not goods. They do not …

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Two Old Men, Each Hearing His Own Way

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Hai ông già và chuyện mỗi người nghe một kiểu

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Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

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...

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