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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
322

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
630

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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NGHỈ HƯU RỒI THÌ NGÀY NÀO CŨNG LÀ THỨ BẢY!

Mr Old Man
14 hours ago

INSURANCE EXCLUSIONS: A DISCREPANCY UNDER UCP 600?

Mr Old Man
2 days ago

Different Reference Format: Is It a Discrepancy?

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Can the Shipper on a Bill of Lading Be a Party Other Than the Beneficiary of the L/C?

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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

Mr Old Man
March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

Mr Old Man
March 6, 2010

NGHỈ HƯU RỒI THÌ NGÀY NÀO CŨNG LÀ THỨ BẢY!

Mr Old Man
14 hours ago

INSURANCE EXCLUSIONS: A DISCREPANCY UNDER UCP 600?

Mr Old Man
2 days ago

Different Reference Format: Is It a Discrepancy?

Mr Old Man
2 days ago

Can the Shipper on a Bill of Lading Be a Party Other Than the Beneficiary of the L/C?

Mr Old Man
2 days ago

Anonymous: Hi, If a Telex Release or Express Release is presented instead of an original Bi...

Anonymous: Hi, And what about cases where the credit is confirmed and the bank commits to m...

Anonymous: Thank you for your reply. Yes, it was in the notify party details. It made me he...

Mr Old Man: I assume this email address appears in the notify party details. If the credit s...

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

Mr Old Man
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

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