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Home Tag Archives: Where 1/3 BL is to be sent directly to the issuing

Tag Archives: Where 1/3 BL is to be sent directly to the issuing

Why LCs require 1/3 of Original B/L Sent Directly to the Applicant?

By Mr Old Man
July 20, 2025
in :  Mr Old Man, Q&A
0
691

Here’s a classic case where trade logistics outpace banking procedures. A reader recently flagged an unusual LC condition: the requirement to courier part of the original bill of lading set — negotiable, no less — directly to the issuing bank within three working days of shipment. Why the rush? And what’s the logic behind splitting up the B/L set this …

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WHERE 1/3 ORIGINAL BILL OF LADING IS TO BE SENT DIRECTLY TO THE ISSUING BANK

By Mr Old Man
July 15, 2011
in :  Uncategorized
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WHERE 1/3 ORIGINAL BILL OF LADING IS TO BE SENT DIRECTLY TO THE ISSUING BANK

By Mr Old Man
July 15, 2011
in :  Uncategorized
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Bà cụ rùa mất rồi!

Mr Old Man
2 days ago

WHEN WILL A CONFIRMING BANK HONOUR OR NEGOTIATE?

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3 days ago

Trust Receipt Financing Without Control of Title Documents

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3 days ago

Is “EC” an Acceptable Origin on a Certificate of Origin?

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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

Bà cụ rùa mất rồi!

Mr Old Man
2 days ago

WHEN WILL A CONFIRMING BANK HONOUR OR NEGOTIATE?

Mr Old Man
3 days ago

Trust Receipt Financing Without Control of Title Documents

Mr Old Man
3 days ago

Is “EC” an Acceptable Origin on a Certificate of Origin?

Mr Old Man
3 days ago

Rupnarayan Bose: I fully agree with this view. What the UCP says is the minimum obligation of the...

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

Khandakar Ali Akbar: Hello Sir, Hope you're doing well. Can you share court case (in details) between...

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

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PARTIAL SHIPMENTS UNDER SUB-ARTICLE 31 (B)

Mr Old Man
October 19, 2015

UCP 600 ARTICLES 30 AND 31

Mr Old Man
March 16, 2010

WHETHER MT999 IS AN AUTHENTICATED SWIFT MESSAGE

Mr Old Man
July 31, 2018

TO ORDER BILL OF LADING AND ENDORSEMENT

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March 6, 2010

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EARLY PRESENTATION

Mr Old Man
September 11, 2017

QUESTION Dear Mr Old Man, I am Dang from Vietnam Prosperity bank. I know …

Timeline

  • August 29, 2011

    AMENDMENT

  • October 22, 2015

    ASSIGNMENT OF PROCEEDS

  • March 5, 2010

    BILL OF LADING ENDORSEMENT

  • March 5, 2025

    BIIL OF LADING STATES ONLY ONE OF THE ORIGINALS IS SIGNED

  • September 28, 2025

    Confirmed vs. Unconfirmed LC – What’s the Difference?

  • March 25, 2014

    PARTIAL SHIPMENTS; PARTIAL DRAWINGS

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