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    After 60: The West Sees It One Way, Asia Another

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  • 2 hours ago Should the draft be drawn on the issuing bank or on the confirming bank?
  • 3 hours ago After 60: The West Sees It One Way, Asia Another
  • 19 hours ago Qua tuổi 60: Tây một kiểu, Ta một kiểu
Home Tag Archives: Guarantee

Tag Archives: Guarantee

ONE GUARANTEE ISSUED AGAINST MORE THAN ONE COUNTER-GUARANTEE

By Mr Old Man
October 15, 2025
in :  Mr Old Man, Payment, Q&A
0
145

(When one guarantee has two “parents”) INTRO Every now and then, a guarantee comes into this world with not one, but two proud parents — two counter-guarantors, each claiming their share of responsibility. Sounds like a happy family? Well, it can be… provided everyone knows exactly who pays what when the baby cries. That’s exactly the situation raised in this …

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UCP 600 ARTICLES 30 AND 31

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FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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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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