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Home Tag Archives: Removing LC available by acceptance

Tag Archives: Removing LC available by acceptance

Deleting “Acceptance” from UCP 600? A Practical Question

By Mr Old Man
April 18, 2026
in :  Mr Old Man, Payment, Q&A
0
74

As discussions continue around whether UCP 600 should be revised, some suggestions focus not on rewriting the rules entirely, but on simplifying specific provisions. One such suggestion is to remove availability by acceptance under Article 6(b), on the basis that drafts are no longer necessary in modern practice. At first glance, this seems reasonable. But as often in trade finance, …

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12 hours ago

Quantity Tolerance in Field 39C – Is It Valid?

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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

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ĐÀO LỬA QUỐC TẾ

Mr Old Man
12 hours ago

Quantity Tolerance in Field 39C – Is It Valid?

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1 day ago

NO BILL OF LADING, NO CONTROL?

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3 days ago

Prepay vs. Purchase – Same Same but Different?

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4 days ago

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

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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