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    Quy tắc 24 giờ chuyển khoản – Bài học từ Singapore

    Once in a while, a little flower falls my way

    Nghỉ hưu – tiêu sao cho hết thời gian?

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  • Lifestyle

    Quy tắc 24 giờ chuyển khoản – Bài học từ Singapore

    Who’s Really Insured? — When the Policy Lists Two Names

    Once in a while, a little flower falls my way

    Nghỉ hưu – tiêu sao cho hết thời gian?

    Doanh nhân – đâu chỉ có anh mặc veston

  • Discovery on the cycling road

    TRỞ LẠI ĐƯỜNG BÍCH HỌA HỒ NGUYÊN TRỪNG

    SỬ GIẶC LÀ GÌ?

    Cầu Nguyễn Văn Trỗi: Từ Con Đường Chiến Tranh Đến Lối Đi Bộ Bình Yên – Chứng Nhân Lặng Lẽ Của Quá Khứ Đà Nẵng

    Nguyen Van Troi Bridge: From War Path to Peaceful Footpath — A Quiet Witness of Da Nang’s Tumultuous Past

    GIÀ GÂN PHƯỢT THỦ

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  • 16 hours ago When a Feeder Vessel Is an Ocean Vessel
  • 2 days ago Quy tắc 24 giờ chuyển khoản – Bài học từ Singapore
  • 3 days ago When the Confirming Bank Goes Insolvent — What Happens Next?
Home Tag Archives: Insurance

Tag Archives: Insurance

Who’s Really Insured? — When the Policy Lists Two Names

By Mr Old Man
1 week ago
in :  Lifestyle, Mr Old Man, Q&A
0
45

Intro: Sometimes a small wording twist in an insurance document can spark big compliance headaches. One reader recently asked whether an insurance policy showing both the beneficiary and the issuing bank as insured parties meets LC requirements. Let’s see what Mr. Old Man has to say. QUESTION Dear Mr. Old Man, Warm greetings. I hope this message finds you well. …

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When “All Originals” Really Means All Originals — Insurance Policies under LC

By Mr Old Man
2 weeks ago
in :  Mr Old Man, Payment, Q&A
0
59

In documentary credit practice, few phrases cause as much confusion as “all originals must be presented.” This Q&A looks at what happens when an insurance policy under LC says “3 originals issued” — and why missing even one can turn a clean presentation into a discrepancy. QUESTION Dear Mr. Old Man, We issued an LC with a condition that one …

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WHY INSURANCE DOCUMENT MUST BE ENDORSED IN BLANK

By Mr Old Man
March 4, 2025
in :  Mr Old Man, Payment, Q&A
0
545

QUESTION Dear Sir I read a lot of your information on your website and learnt a lot through it. I am Arihant Sethia from India working in company called Swastik Interchem pvt ltd and recently we had exported some material to Nepal. In the letter of credit in section, 46A-subsection 6 we were asked to issue negotiable insurance or certificate …

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INSURANCE CERTIFICATE COVERING ALL RISKS AND WAR RISK CONTAINS INSTITUTE WAR CANCELLATION CLAUSE

By Mr Old Man
February 11, 2025
in :  Mr Old Man, Payment, Q&A
0
248

Special Q&A with comments from TSU editors who are international experts on letters of credit. It may be published in the next issue of LC Monitor/Trade Services Update. QUESTION Dear Mr. Old Man, This is Phoebe. I’ve been your follower since 2021 when I started to work in the import-export industry, and firstly I’d like to say thank you for …

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Recent Posts

When a Feeder Vessel Is an Ocean Vessel

Mr Old Man
16 hours ago

Quy tắc 24 giờ chuyển khoản – Bài học từ Singapore

Mr Old Man
2 days ago

When the Confirming Bank Goes Insolvent — What Happens Next?

Mr Old Man
3 days ago

Who’s Really Insured? — When the Policy Lists Two Names

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

Mr Old Man
March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

Mr Old Man
March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

Mr Old Man
March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

When a Feeder Vessel Is an Ocean Vessel

Mr Old Man
16 hours ago

Quy tắc 24 giờ chuyển khoản – Bài học từ Singapore

Mr Old Man
2 days ago

When the Confirming Bank Goes Insolvent — What Happens Next?

Mr Old Man
3 days ago

Who’s Really Insured? — When the Policy Lists Two Names

Mr Old Man
1 week ago

Mr Old Man: Dear Kathryn, Thank you for your interesting question. First, banks do not conce...

Kathryn: Dear Mr. Old Man, May I seek your opinion on the following scenario? If goods ar...

Bill: And know your customer....

Mr Old Man: Thank you so much for your kind words. Rup...

Monkey Mountain Challenge 2025 negotiation Documents lost in transit On board notation Amendment SBLC non-documentary conditions CPBL Insurance Court Injunction DRAFTS Late presentation Surrendered bill of lading beneficiarys-name expiry-date lc-expired place-of-expiry lc-availability Revolving LC Where the applicant goes bankrupt Where 1/3 BL is to be sent directly to the issuing Insurance document Disposal of docs any chinese port invoice

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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QUESTION Dear Mr Old Man, I am Dang from Vietnam Prosperity bank. I know …

Timeline

  • September 12, 2012

    A CASE OF MISSING DOCUMENT

  • September 26, 2022

    WHICH PARTY IS LIABLE FOR PAYMENT?

  • August 24, 2012

    IS THE CONFIRMING BANK A NOMINATED BANK IF THE LC IS AVAILABLE WITH ANOTHER NOMINATED BANK?

  • August 25, 2019

    eURC VERSION 1.0 ARTICLE e11

  • July 8, 2011

    BUSAN KOREA AND BUSAN SOUTH KOREA

  • January 15, 2025

    CAN THE ISSUING BANK AUTHORIZE THE REIMBURSING BANK TO REIMBURSE DIRECTLY TO THE BENEFICIARY’S ACCOUNT?

Top Tags Surrendered bill of lading SBLC beneficiarys-name CPBL any chinese port negotiation non-documentary conditions Monkey Mountain Challenge 2025 DRAFTS Insurance On board notation Amendment Late presentation Documents lost in transit Court Injunction
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