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  • 1 day ago Invoices, Courier Receipts, Copy BLs and Dual Agents – Untangling Four LC Questions
  • 2 days ago Hãng tàu có thể giữ hàng trong bao lâu?
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
299

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
1,476

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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Invoices, Courier Receipts, Copy BLs and Dual Agents – Untangling Four LC Questions

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UCP 600 ARTICLES 30 AND 31

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Mr. Old Man đi xem Tử chiến trên không

Mr Old Man
3 hours ago

Invoices, Courier Receipts, Copy BLs and Dual Agents – Untangling Four LC Questions

Mr Old Man
1 day ago

Hãng tàu có thể giữ hàng trong bao lâu?

Mr Old Man
2 days ago

When Two LCs depends on Each Other – The Story of Reciprocal Credits

Mr Old Man
5 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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UCP 600 ARTICLES 30 AND 31

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EARLY PRESENTATION

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

Timeline

  • April 19, 2011

    CONDITIONAL ACCEPTANCE OF PAYMENT

  • August 12, 2018

    NÀO CÙNG PHƯỢT XE ĐẠP HỒ HÒA TRUNG ĐI BẠN ƠI!

  • March 4, 2017

    WHERE ALL ORIGINAL BILLS OF LADING MUST BE PRESENTED

  • April 12, 2023

    PHIẾM BÀN CHUYỆN HỘI AN BÁN VÉ VÀO PHỐ CỔ

  • September 11, 2013

    THE NAME OF THE COUNTRY NEED NOT BE STATED

  • February 17, 2011

    NAME OF THE BENEFICIARY

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