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Home Tag Archives: upas-lc

Tag Archives: upas-lc

Restricted UPAS LC: Can the Issuing Bank Refuse If Documents Bypass the Discounting Bank?

By Mr Old Man
March 3, 2026
in :  Mr Old Man, Payment, Q&A
0
93

Introduction UPAS LCs (Usance Payable at Sight) are widely used to combine supplier liquidity with buyer credit terms. However, operational questions often arise when the credit is restricted to a nominated (discounting) bank, but the beneficiary presents documents directly to the issuing bank instead. Does bypassing the restricted bank create a discrepancy? Can the issuing bank refuse the documents on …

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UPAS LC

By Mr Old Man
March 10, 2010
in :  Uncategorized
13
6,532

LC UPAS là gì ? Nguyễn Hữu Đức Mới đây một người bạn đồng nghiệp có gửi cho người viết bài này một bản sao LC có nội dung hơi khác so với những LC thông thường và hỏi đó là loại LC gì, được phát hành trong trường nào và nhằm mục đích gì … Xem qua nội dung …

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Đừng để “ngoại ngữ” thành… “ngại ngữ”

Mr Old Man
8 hours ago

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

Mr Old Man
15 hours ago

GROWING OLD: WHO WILL TAKE CARE OF US?

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1 day ago

American Retirement, Vietnamese Retirement

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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

Mr Old Man
March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

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March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

Đừng để “ngoại ngữ” thành… “ngại ngữ”

Mr Old Man
8 hours ago

CFR TERM, CHARTER PARTY BILLS OF LADING, AND FREIGHT NOTATIONS: DOES “FREIGHT PAYABLE” CREATE A PROBLEM?

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15 hours ago

GROWING OLD: WHO WILL TAKE CARE OF US?

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1 day ago

American Retirement, Vietnamese Retirement

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1 day ago

Pieter Muus: Dear Mr. Old Man, please allow me to seek your guidance in the matter of nominat...

Đặng Văn: Tôi ủng hộ ý kiến rất hay của bạn ! Bản thân tôi cũng đã đạp xe đi làm ( và đi c...

Pieter Muus: Dear Mr. Old Man, With all respect due, please allow me to state that you quote...

Mr Old Man: Thank you for reminding me of ISBP 821 paragraph B14. As far as I recall, earlie...

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Timeline

  • May 9, 2025

    COURT INJUNCTION TO SUSPEND L/C PAYMENT

  • November 18, 2013

    CHANGING PAYMENT TERMS OF THE LC

  • December 29, 2025

    Split Payments Under an LC: 80% of Invoice Amount or 80% of LC Amount?

  • October 5, 2013

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  • September 26, 2020

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