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  • 6 hours ago Negotiation Credit with Expiry in the Issuing Bank’s Country: Where Should Documents Be Presented?
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  • 2 days ago Slot Carrier vs. Actual Carrier on a Bill of Lading – Is It a Discrepancy Under UCP 600?
Home Tag Archives: Refusal under Transferred LC

Tag Archives: Refusal under Transferred LC

CAN THE TRANSFERRING BANK REFUSE DISCREPANT DOCUMENTS PRESENTED BY THE SECOND BENEFICIARY?

By Mr Old Man
November 28, 2025
in :  Mr Old Man, Payment, Q&A
0
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Mr. Old Man answers a student’s question on transferable L/C practice  Transferable credits often create tricky situations – especially when documents are presented by a second beneficiary under a transferred LC. Recently, a student wrote to Mr. Old Man about a practical scenario involving discrepancies in the  second beneficiary’s presentation  and the role of the transferring bank. Below is the …

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Negotiation Credit with Expiry in the Issuing Bank’s Country: Where Should Documents Be Presented?

Mr Old Man
6 hours ago

Vợ cũng cần… bảo dưỡng?

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6 hours ago

Slot Carrier vs. Actual Carrier on a Bill of Lading – Is It a Discrepancy Under UCP 600?

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UCP 600 ARTICLES 30 AND 31

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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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Negotiation Credit with Expiry in the Issuing Bank’s Country: Where Should Documents Be Presented?

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

Mr Old Man: https://vlex.co.uk/vid/banco-santander-sa-v-804497513...

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Timeline

  • September 17, 2015

    Q&A REGARDING REVOLVING LETTERS OF CREDIT

  • March 5, 2010

    BANKS DEAL WITH DOCUMENTS AND NOT WITH GOODS

  • March 5, 2010

    FUMIGATION CERTIFICATE DATED AFTER BL DATE

  • October 15, 2016

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