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Home Tag Archives: figure vs amount

Tag Archives: figure vs amount

WHEN WORDS AND FIGURES DON’T AGREE: Is It a Discrepancy under UCP 600?

By Mr Old Man
January 17, 2026
in :  Mr Old Man, Payment, Q&A
2
132

Intro Differences between the amount in words and the amount in figures are among the most common issues encountered in document examination under letters of credit. At first glance, such inconsistencies appear to be straightforward discrepancies. However, practice shows that the answer is not always the same, particularly when a bill of exchange (draft) is involved. While UCP 600 establishes …

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ICC, xung đột Trung Đông… và câu chuyện “luật vẫn là luật”

Mr Old Man
5 hours ago

Khi trí nhớ bắt đầu “trật đường rày”

Mr Old Man
9 hours ago

Sẽ không có chuyện sửa đổi UCP 600…

Mr Old Man
1 day ago

No Revision of UCP 600… At Least Not for Now

Mr Old Man
1 day ago
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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

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ICC, xung đột Trung Đông… và câu chuyện “luật vẫn là luật”

Mr Old Man
5 hours ago

Khi trí nhớ bắt đầu “trật đường rày”

Mr Old Man
9 hours ago

Sẽ không có chuyện sửa đổi UCP 600…

Mr Old Man
1 day ago

No Revision of UCP 600… At Least Not for Now

Mr Old Man
1 day ago

Đặng Văn: Tôi ủng hộ ý kiến rất hay của bạn ! Bản thân tôi cũng đã đạp xe đi làm ( và đi c...

Pieter Muus: Dear Mr. Old Man, With all respect due, please allow me to state that you quote...

Mr Old Man: Thank you for reminding me of ISBP 821 paragraph B14. As far as I recall, earlie...

Pieter Muus: Interesting . Apparently, this happens a lot in drafts/bills of exchange, since...

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