WHERE LC REQUIRES INSURANCE DOCUMENT TO BE ISSUED TO THE ORDER OF THE ISSUING BANK.
Home Uncategorized WHERE LC REQUIRES INSURANCE DOCUMENT TO BE ISSUED TO THE ORDER OF THE ISSUING BANK
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D/P AT XXX DAYS AFTER BL DATE
QUESTION Dear Mr. Old Man, As far as I know there are only two types of collection: D/P (D… -
QUESTIONS REGARDING BPO
QUESTION Kính gửi anh Old Man, Hiện nay em cũng đang nghiên cứu về sản phẩm BPO, tuy nhiên… -
NEGOTIATION WITH OR WITHOUT RECOURSE
QUESTION In response to a query at http://letterofcreditforum.com/content/i-need-some-clar… -
CHANGING PAYMENT TERMS OF THE LC
QUESTION Dear Sir. Need a clarification on transferable LC regarding clause 42C. – I… -
AMOUNT OF COVER
QUESTION The LC was issued for $8,000 showing as follows: – Field 45: Commodity: Fab… -
LC WITH SPECIAL PAYMENT CONDITION
QUESTION Our company is specialized in importing P-phones. Our policy is that the quality,… -
AUTHENTICATION OF CORRECTIONS ON BILL OF LADING AND INVOICE
QUESTION LC states: – Special condition: Documents showing anycorrections without au… -
LC CONFIRMED BY THE FIRST ADVISING BANK
QUESTION Dear Mr. Old Man, I follow up your blog and see it very helpful. I have a questio… -
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WHERE DOCUMENTS UNDER D/P ARE NOT PAID
QUESTION Dear Mr. Old Man, I have the following case that needs your advice: A seller sign… -
BILL OF LADING DATED PRIOR TO LC ISSUANCE DATE
QUESTION Dear Mr. Old Man If B/L dated 4 months before LC issuance date, is it acceptable?… -
WHEN A BILL OF LADING MUST INDICATE ACTUAL PORT OF DISCHARGE
QUESTION Dear Sir, My letter of credit (LC) specifies the Port of Discharge as “BAHRAIN IN… -
POTENTIAL FRAUD IN SCRAP METAL TRADE: A RISKY DEAL?
QUESTION Dear Mr. Old Man, My name is Th., and I am currently living and working in Ho Chi… -
INVOICE NOT CERTIFYING WHAT HAS NOT BEEN SHIPPED
QUESTION Dear Sir, LC allows both AIR and SEA shipment. Amount: USD 100,000 Shipment by AI…
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WHEN A BILL OF LADING MUST INDICATE ACTUAL PORT OF DISCHARGE
QUESTION Dear Sir, My letter of credit (LC) specifies the Port of Discharge as “BAHRAIN IN…
