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Home Tag Archives: LC Payment Clause

Tag Archives: LC Payment Clause

When an LC Makes Payment Subject to Buyer–Seller Disputes

By Mr Old Man
January 8, 2026
in :  Mr Old Man, Payment, Q&A
0
106

Intro One of the core principles of a documentary credit is that payment depends solely on complying documents, not on disputes arising from the underlying commercial contract. From time to time, however, beneficiaries encounter LCs that attempt to dilute this principle by inserting clauses linking payment to buyer–seller disputes. The following Q&A addresses such a case and explains why these …

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BÀN VỀ ĐIỀU KIỆN THANH TOÁN CỦA LC XUẤT KHẨU THỦY SẢN SANG THỊ TRƯỜNG BẮC MỸ VÀ EU *

By Mr Old Man
August 15, 2020
in :  Articles, Mr Old Man
0
3,154

Nguyễn Hữu Đức Trong những năm gần đây các nhà xuất khẩu thuỷ sản Việt Nam cố gắng thâm nhập vào thị trường Bắc Mỹ và EU. Tuy nhiên, việc xuất khẩu thuỷ sản vào những thị trường mới này gặp không ít những trở ngại. Vụ hàng chục container hàng thuỷ sản của Việt Nam xuất sang thị trường …

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UCP 600 ARTICLES 30 AND 31

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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...

Anonymous: Hi Mr. Old Man , What about the case where the email in the BL appears as "ABCST...

Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

Facebook Monkey Mountain Challenge 2025 Documents lost in transit negotiation Insurance fraud Amendment confirmation place-of-expiry On board notation DRAFTS Insurance document invoice CPBL notify party Chợ Nồi Rang Messi endorsement Force Majeure Chat GPT Mr Old Man SBLC Late presentation Surrendered bill of lading expiry-date

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