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Home Tag Archives: Within 21 days of shipment

Tag Archives: Within 21 days of shipment

How to Calculate “Within 21 Days of Shipment” under ISBP 821

By Mr Old Man
January 14, 2026
in :  Mr Old Man, Payment, Q&A
0
387

Intro  Time calculations under Letters of Credit often look simple, yet the word “within” continues to cause confusion — especially when readers focus on the example given in ISBP 821 paragraph A14(b)(i) and wonder whether the permitted period should extend both before and after the shipment date.  The following Q&A addresses a very practical question: When an LC requires documents …

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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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