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

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  • 19 hours ago When a Revolving LC Keeps Turning — and When It Stops
  • 22 hours ago Đường sắt đô thị Đà Nẵng: Giấc mơ đẹp, bài toán khó
Home Tag Archives: Negotiation LC vs Payment LC

Tag Archives: Negotiation LC vs Payment LC

LC Available by Negotiation vs LC Available by Payment: What’s the Difference?

By Mr Old Man
August 25, 2025
in :  Mr Old Man, Payment, Q&A
0
327

Intro In trade finance, the little phrases in an LC like “available by negotiation” or “available by payment” can make a world of difference to the beneficiary. While both are standard availability options under UCP 600, they don’t work the same way in practice—and sometimes, banks issue LCs with unusual terms that leave the beneficiary puzzled. __________ QUESTION Dear Mr. …

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LC AVAILABLE BY NEGOTIATION VS LC AVAILABLE BY PAYMENT

By Mr Old Man
August 25, 2024
in :  Mr Old Man, Payment, Q&A
0
1,507

QUESTION Dear Mr. Old Man, It is very common that we see the LC available with “any bank” or name and address of a bank by negotiation. Today, I received a LC available with any bank in India by “Payment” What does it mean? How it works? Is it beneficial for beneficiary? Request you all to throw light in detail. Urgent …

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Singapore áp dụng Quy tắc 24 giờ chuyển khoản nhằm hạn chế rủi ro lừa đảo trực tuyến

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UCP 600 ARTICLES 30 AND 31

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Singapore áp dụng Quy tắc 24 giờ chuyển khoản nhằm hạn chế rủi ro lừa đảo trực tuyến

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16 hours ago

When a Revolving LC Keeps Turning — and When It Stops

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When a Feeder Vessel Is an Ocean Vessel

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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 Revolving LC SBLC non-documentary conditions CPBL Insurance Court Injunction DRAFTS Late presentation any chinese port beneficiarys-name expiry-date lc-expired place-of-expiry lc-availability Where the applicant goes bankrupt Where 1/3 BL is to be sent directly to the issuing Insurance document Disposal of docs Surrendered bill of lading invoice

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Timeline

  • October 20, 2010

    ON BOARD NOTATION 4

  • September 5, 2025

    NGHỈ HƯU CŨNG CÓ CÁI ĐỂ KHOE

  • March 1, 2024

    SHIPPING GUARANTEES AND OVERDRAWN DISCREPANCY

  • July 14, 2013

    PLACE OF PRESENTATION

  • July 26, 2023

    Biển

  • March 21, 2012

    INSTALMENT SHIPMENTS?

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