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Home Tag Archives: documents sent on approval basis

Tag Archives: documents sent on approval basis

WHETHER TO SEND DOCUMENTS ON APPROVAL BASIS TO THE ISSUING BANK or THE CONFIRMING BANK?

By Mr Old Man
January 10, 2024
in :  Mr Old Man, Payment, Q&A
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1,616

QUESTION   Dear Mr. Old Man, We as the second advising bank and the beneficiary’s bank received MT 710 from Bank B (Country B) with the following details: Field 40B (Form of Documentary Credit): IRREVOCABLE ADDING OUR CONFIRMATION Field 52A (Issuing bank): BANK A (in Country A) Field 41A (Available with … by): BANK B BY NEGOTIATION … The beneficiary …

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Escaping Tet in Tay Giang

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11 hours ago

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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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March 8, 2010

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Italy, Drafts, and Stamp Duty: Why Confirming Banks Prefer ‘Available by Payment’ in LCs

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2 days ago

Lica Mauer: In reply to Lucky comment: there is a clear omission of terms and conditions eit...

Vo Ngoc Vinh: great experience, i enjoyed it...

Mr Old Man: Hi, I am not sure I understand your question correctly. According to sub-article...

Iqbal Moolla: Dear Mr. Old Man, I trust you are well. If there is a Deferred Payment LC for 90...

Monkey Mountain Challenge 2025 negotiation Documents lost in transit non-documentary conditions Amendment On board notation SBLC any chinese port notify party place-of-expiry beneficiarys-name expiry-date NUMBER OF ORIGINALS Tà Lang Hoa Bac lc-availability lc-expired Drafts under confirmed LC Shipping guarantee Hai Dang Tien Sa Late presentation Disposal of docs Court Injunction transferred LC 24 hour charity cycling event

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Top Tags beneficiarys-name negotiation Monkey Mountain Challenge 2025 Tà Lang SBLC non-documentary conditions notify party On board notation Documents lost in transit NUMBER OF ORIGINALS expiry-date transferred LC place-of-expiry Amendment any chinese port
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