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CYCLING TO LE PASS
Discover the Unique Charm of the Ancient Bằng An Tower
Exploring Ky Anh Tunnels by Bicycle: A Journey Through History
The Unique Charm of the Da Nang Museum of Cham Sculpture
World Leaders on Two Wheels: The Politicians Who Love Biking
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Home Uncategorized UNFAIR LETTERS OF CREDIT

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UNFAIR LETTERS OF CREDIT

By Mr Old Man

Posted on November 16, 2010

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Mr Old Man

Dear Readers, I am happy to update some information about myself. I have been retired for four years after spending 30 years at Vietcombank, one of Vietnam’s leading banks. Throughout my career, I held various positions, from staff member to leadership roles, gaining extensive experience in international payments and trade finance. Since 2000, I have written hundreds of articles on international payments and trade finance, published in banking journals in Vietnam such as Banking Review, Financial Market & Monetary Review, and Vietcombank Bulletin. Additionally, I have shared more than 1,500 articles and Q&As on the same topics on my personal website (www.mroldman.net), WordPress blog, and Facebook. Since 2010, I have been contributing to Trade Services Update (LC Monitor) as a Country Editor, providing numerous articles and insights to the publication. I have also had the opportunity to be a speaker and presenter at various conferences, discussing issues and topics related to international payments and trade finance, engaging with professionals in the field. Beyond my professional work, I have been passionate about cycling. So, in addition to articles on letters of credit and trade finance, you may also find my stories about cycling journeys exploring the beautiful landscapes of my homeland—an experience that has given me many unforgettable memories. Thank you for your continued support, for following my work, and for sending in your questions every day. In answering them, I, too, have learned a great deal from your perspectives and inquiries. I hope the articles and Q&As I share on my website, WordPress blog, and other platforms will continue to be valuable for your daily work for many years to come. Best regards, Mr. Old Man

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negotiation Documents lost in transit Monkey Mountain Challenge 2025 On board notation Amendment non-documentary conditions SBLC transferred LC Shipping guarantee expiry-date Hai Dang Tien Sa Disposal of docs any chinese port beneficiarys-name Late presentation lc-availability NUMBER OF ORIGINALS without delay place-of-expiry Tà Lang Hoa Bac 24 hour charity cycling event lc-expired Thiền viện Trúc Lâm Bạch Mã Boom boom rock

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September 11, 2017

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

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November 11, 2018
TRỞ LẠI BÃI CÁT VÀNG
November 23, 2010
SIGNED BY ELECTRONIC METHOD AND AUTHENTICATED
March 7, 2010
DISCREPANT OR NOT?
July 5, 2014
LC CANCELLATION; DISCREPANCY FEE
September 16, 2014
A 'RECEIVED FOR SHIPMENT' BILL OF LADING NEEDS A DATED ON BOARD NOTATION
December 19, 2022
ICC PHÁT HÀNH BẢN TÓM TẮT TƯ VẤN KỸ THUẬT VỀ GIẢM TỶ LỆ SAI SÓT CHỨNG TỪ XUẤT TRÌNH THEO THƯ TÍN DỤNG

Top Tags Amendment Documents lost in transit Hai Dang Tien Sa transferred LC lc-expired non-documentary conditions SBLC any chinese port negotiation beneficiarys-name Monkey Mountain Challenge 2025 Shipping guarantee expiry-date Disposal of docs On board notation

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TRỞ LẠI BÃI CÁT VÀNG

SIGNED BY ELECTRONIC METHOD AND AUTHENTICATED

DISCREPANT OR NOT?

LC CANCELLATION; DISCREPANCY FEE

A 'RECEIVED FOR SHIPMENT' BILL OF LADING NEEDS A DATED ON BOARD NOTATION

ICC PHÁT HÀNH BẢN TÓM TẮT TƯ VẤN KỸ THUẬT VỀ GIẢM TỶ LỆ SAI SÓT CHỨNG TỪ XUẤT TRÌNH THEO THƯ TÍN DỤNG