WHERE THE ON BOARD DATE IS DEEMED TO BE THE BILL OF LADING DATE.
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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?… -
CAN A USANCE LC BE ISSUED AVAILABLE WITH ANY BANK?
INTRO At first glance, it may sound reasonable to make a usance LC “available with any ban… -
Can a Finance Company Act as a Remitting Bank?
In documentary collections, banks usually handle the remittance of funds and documents — b… -
Chiều không mưa, ghé thăm Bảo tàng Đà Nẵng
Mr. Old Man ghé Bảo tàng Đà Nẵng, không ngờ lại “gặp” hai thông điệp quốc tế vang dội từ h…
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CAN A USANCE LC BE ISSUED AVAILABLE WITH ANY BANK?
INTRO At first glance, it may sound reasonable to make a usance LC “available with any ban…
