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Home Tag Archives: URC

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Can the Collecting Bank Release the Documents to the Buyer after Sending Advice of Non-Payment?

By Mr Old Man
October 12, 2025
in :  Mr Old Man, Payment, Q&A
0
155

________ In documentary collections, things don’t always go as planned. Sometimes the buyer initially refuses to pay under a Documents against Payment (D/P) collection, only to come back the next day ready to settle and collect the goods. But what if, by then, the collecting bank has already reported the buyer’s refusal and is waiting for the remitting bank’s instructions? …

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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

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

Pieter Muus: Interesting . Apparently, this happens a lot in drafts/bills of exchange, since...

Rupnarayan Bose: LC asking for applicant's name and address from the carrier or its agent is impr...

Mr Old Man: Your comments are always welcome...

Monkey Mountain Challenge 2025 Facebook negotiation Documents lost in transit Insurance On board notation Amendment Chat GPT DRAFTS Late presentation lc-expired Revolving LC invoice non-documentary conditions CPBL confirmation Retirement Alcaraz SBLC Court Injunction Surrendered bill of lading any chinese port beneficiarys-name expiry-date branches-of-a-bank

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

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October 19, 2015

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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

  • September 1, 2010

    TOLERANCE REVISITED 3

  • July 14, 2011

    EXPIRY DATE

  • March 5, 2010

    HOW TO DETERMINE SHIPMENT DATE IF DDU OR DDP TERM IS USED?

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  • November 10, 2025

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  • April 26, 2020

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Top Tags Late presentation On board notation SBLC Amendment Revolving LC Facebook invoice Documents lost in transit Monkey Mountain Challenge 2025 DRAFTS negotiation lc-expired Chat GPT non-documentary conditions Insurance
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