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Home Tag Archives: payment without documents

Tag Archives: payment without documents

PAYMENT WITHOUT DOCUMENTS

By Mr Old Man
August 28, 2024
in :  Mr Old Man, Q&A
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  QUESTION Hi Mr. Old Man, I have a few questions about transferable LC again. In the event that a seller fails to submit a required document as specified in the LC but the buyer doesn’t mind and asks the bank to disburse the payment, would the issuing bank typically proceed as instructed or would the bank insist that the …

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UCP 600 ARTICLES 30 AND 31

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FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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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 Late presentation Insurance document SBLC CPBL notify party Chợ Nồi Rang Messi endorsement Force Majeure Chat GPT Mr Old Man invoice Surrendered bill of lading expiry-date

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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  • October 30, 2025

    When “Legal Competent Authority” Meets Chamber of Commerce – What Does the LC Really Mean?

  • May 18, 2025

    DISCREPANCY ARISING FROM MISMATCH IN PAYMENT TERMS ON INVOICE vs. LC

  • March 6, 2010

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  • November 27, 2010

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