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Home Tag Archives: Usance LC available with any bank

Tag Archives: Usance LC available with any bank

CAN A USANCE LC BE ISSUED AVAILABLE WITH ANY BANK?

By Mr Old Man
November 5, 2025
in :  Mr Old Man, Payment, Q&A
0
126

INTRO At first glance, it may sound reasonable to make a usance LC “available with any bank.” After all, the more flexibility for the beneficiary, the better—right? But in practice, things are rarely that simple. Under UCP 600, a nominated bank has no obligation to act unless it agrees to do so. That small detail makes all the difference, as …

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CAN A USANCE LC BE ISSUED AVAILABLE WITH ANY BANK ?

By Mr Old Man
November 5, 2024
in :  Mr Old Man, Payment, Q&A
0
378

QUESTION Chào Mr. Old Man, Em có  thắc mắc về LC rất mong Mr. Old Man giải đáp. Ngân hàng em  phát hành LC trả chậm thường quy định ở trường 31D và trường 41D như sau: 31D: Date and Place of Expiry: … Issuing Bank 41D: Available with ISSUING BANK by acceptance hoặc by deferred payment Em thắc mắc …

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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...

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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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  • November 27, 2014

    CHARTER PARTY BILL OF LADING ACCEPTABLE

  • September 29, 2025

    Should Banks Check Both Beneficiary Name and Account Number in Incoming Transfers?

  • September 18, 2011

    SUB-ARTICLE 18(B)

  • November 30, 2012

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  • June 20, 2025

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