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3 New Articles
  • 6 hours ago Sanctions vs. Honour: What If the LC Has No Sanctions Clause?
  • 6 hours ago Khi người hưởng LC là công ty “chị em” ở Singapore: Làm thế nào để Bank V trở thành ngân hàng xuất trình?
  • 2 days ago Beware of SBLC Monetization Scams
Home Tag Archives: MT 710 and Confirmation

Tag Archives: MT 710 and Confirmation

Confirmed or Unconfirmed? Decoding MT 710 and Confirmation Fields

By Mr Old Man
3 weeks ago
in :  Mr Old Man, Payment, Q&A
0
75

Intro In trade finance practice, LC confirmations can sometimes get tricky—especially when MT 710 is involved, and the fields seem to give mixed signals. One reader sent in a great case about an MT 710 with “adding our confirmation” in Field 40B, but “without” in Field 49. Let’s walk through the logic step by step. ________ Question Dear Mr. Old …

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Sanctions vs. Honour: What If the LC Has No Sanctions Clause?

Mr Old Man
6 hours ago

Khi người hưởng LC là công ty “chị em” ở Singapore: Làm thế nào để Bank V trở thành ngân hàng xuất trình?

Mr Old Man
6 hours ago

Beware of SBLC Monetization Scams

Mr Old Man
2 days ago

When the LC Calls for a Delivery Order under Ex-Works — What’s the Catch?

Mr Old Man
3 days 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

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March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

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TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

Sanctions vs. Honour: What If the LC Has No Sanctions Clause?

Mr Old Man
6 hours ago

Khi người hưởng LC là công ty “chị em” ở Singapore: Làm thế nào để Bank V trở thành ngân hàng xuất trình?

Mr Old Man
6 hours ago

Beware of SBLC Monetization Scams

Mr Old Man
2 days ago

When the LC Calls for a Delivery Order under Ex-Works — What’s the Catch?

Mr Old Man
3 days 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 Amendment On board notation SBLC non-documentary conditions CPBL Court Injunction DRAFTS Late presentation Surrendered bill of lading any chinese port 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 invoice beneficiarys-name Tà Lang

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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  • November 18, 2013

    CHANGING PAYMENT TERMS OF THE LC

  • December 29, 2017

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