Search for:

April 20, 2025

Contact

Mr. Old Man For those who eat, sleep and breathe Letters of Credit & Cycling

Home
Articles

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân
CYCLING TO LE PASS
Discover the Unique Charm of the Ancient Bằng An Tower
Một thời để nhớ
Exploring Ky Anh Tunnels by Bicycle: A Journey Through History
Lifestyle

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân
CYCLING TO LE PASS
Discover the Unique Charm of the Ancient Bằng An Tower
Một thời để nhớ
Exploring Ky Anh Tunnels by Bicycle: A Journey Through History
Discovery on the cycling road

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân
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
Q&A
Popular

3 New Articles

11 hours ago BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân
1 day ago CYCLING TO LE PASS
3 days ago WHEN A DEPOSIT IS REQUIRED TO SECURE PAYMENT UNDER A USANCE LC

Home Uncategorized WHETHER THE INSURANCE CERTIFICATE MUST BE ENDORSED…

Uncategorized

WHETHER THE INSURANCE CERTIFICATE MUST BE ENDORSED…

By Mr Old Man

Posted on April 16, 2014

4 second read

2,191

Share on Facebook
Share on Twitter
Share on Google+
Share on Reddit
Share on Pinterest
Share on Linkedin
Share on Tumblr

WHETHER THE INSURANCE CERTIFICATE MUST BE ENDORSED….

Share on Facebook
Share on Twitter
Share on Google+
Share on Reddit
Share on Pinterest
Share on Linkedin
Share on Tumblr

Previous article WHETHER THE INSURANCE CERTIFICATE MUST BE ENDORSED…

Next article WHETHER THE INSURANCE CERTIFICATE MUST BE ENDORSED…

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

Click To Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comment *

Name *

Email *

Website

Save my name, email, and website in this browser for the next time I comment.

Δ

Related Articles
More By Mr Old Man
More In Uncategorized

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…

January 22, 2014
4 min read
QUESTIONS REGARDING BPO

QUESTION Kính gửi anh Old Man, Hiện nay em cũng đang nghiên cứu về sản phẩm BPO, tuy nhiên…

January 18, 2014
23 min read
NEGOTIATION WITH OR WITHOUT RECOURSE

QUESTION In response to a query at http://letterofcreditforum.com/content/i-need-some-clar…

December 30, 2013
4 min read
WHETHER A CONFIRMING BANK IS A NOMINATED BANK AND…

…

December 13, 2013
10 min read
WHETHER DOCUMENTS CAN BE PRESENTED DIRECTLY TO THE ISSUING BANK

…

December 5, 2013
1 min read
WHY IS FIELD 46A OPTIONAL?

…

December 3, 2013
1 min read
WHERE A MMTD CANNOT BE ISSUED IN NEGOTIABLE FORM

…

November 30, 2013
3 min read
DOCUMENTS ARE TO BE PRESENTED WITHIN XX DAYS FROM/AFTER SHIPMENT DATE

…

November 29, 2013
4 min read
CLAIMS PAYABLE, SETTLING AGENT, FRANCHISE, EXCESS (DEDUCTIBLE)

…

November 27, 2013
4 min read
REIMBURSEMENT CLAIM

…

November 26, 2013
6 min read
INSURANCE DOCUMENT ISSUED TO ORDER OF THE ISSUING BANK

…

November 22, 2013
2 min read
CHANGING PAYMENT TERMS OF THE LC

QUESTION Dear Sir. Need a clarification on transferable LC regarding clause 42C. – I…

November 18, 2013
4 min read
AMOUNT OF COVER

QUESTION The LC was issued for $8,000 showing as follows: – Field 45: Commodity: Fab…

November 13, 2013
3 min read
ABBREVIATIONS

…

November 7, 2013
2 min read
LC WITH SPECIAL PAYMENT CONDITION

QUESTION Our company is specialized in importing P-phones. Our policy is that the quality,…

November 7, 2013
3 min read
TOLERANCE APPLICABLE AGAINST INDIVIDUAL QUANTITIES

…

November 5, 2013
1 min read
LC IS TRANSFERABLE

…

October 30, 2013
1 min read
ANOTHER CASE OF ASSIGNMENT OF PROCEEDS

…

October 24, 2013
4 min read
AUTHENTICATION OF CORRECTIONS ON BILL OF LADING AND INVOICE

QUESTION LC states: – Special condition: Documents showing anycorrections without au…

October 19, 2013
6 min read
DOMESTIC LC

…

October 17, 2013
6 min read
WHY AVAILABLE BY PAYMENT INSTEAD OF AVAILABLE BY NEGOTIATION?

…

October 11, 2013
4 min read
ASSIGNMENT IN FAVOUR OF THE NOMINATED BANK

…

October 5, 2013
11 min read
INVOICE NOT ISSUED BY THE BENEFICIARY

…

October 2, 2013
3 min read
ADDRESS OF THE BENEFICIARY

…

September 23, 2013
2 min read
CERTIFICATE OF ORIGIN INDICATING A QUANTITY GREATER THAN THAT STATED IN THE CREDIT

…

September 17, 2013
2 min read
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…

September 15, 2013
2 min read
A FULL SET OF BILLS OF LADING MEANS A FULL SET OF ORIGINAL BILLS OF LADING

…

September 14, 2013
2 min read
THE NAME OF THE COUNTRY NEED NOT BE STATED

…

September 11, 2013
1 min read
CARGO TO BE RELEASED WITH MORE THAN ONE BILL OF LADING TO BE SURRENDERED

…

September 10, 2013
3 min read
COUNTER GUARANTEE

…

September 9, 2013
14 min read
STAMP IN A LANGUAGE OTHER THAN THAT REQUIRED IN THE CREDIT

…

September 7, 2013
2 min read
CORRECTION AND ALTERATION

…

September 7, 2013
4 min read
A CERTIFICATE MUST BE ISSUED BY THE ENTITY STATED IN THE CREDIT

…

August 29, 2013
4 min read
DOCUMENTS PRESENTED DIRECTLY TO THE ISSUING BANK

…

August 23, 2013
3 min read
BL AND BL RIDER SIGNED WITH DIFFERENT SIGNATURES

…

August 15, 2013
6 min read
NEED THE NAME OF THE COUNTRY BE STATED?

…

August 15, 2013
1 min read
CAD

QUESTION Dear Mr. Old Man, Mr. Old Man cho em hỏi nghiệp vụ CAD xuất khẩu và nhập khẩu đượ…

August 6, 2013
12 min read
HOW TO DETERMINE THE PRESENTATION PERIOD WHEN MULTIPLE SETS OF BILLS OF LADING ARE PRESENTED

…

July 31, 2013
6 min read
WHERE ORIGINAL BILLS OF LADING ARE NOT REQUIRED TO BE PRESENTED

…

July 26, 2013
5 min read
SHIPPED ON BOARD THE PRE-CARRIAGE VESSEL

…

July 25, 2013
4 min read
PLACE OF AVAILABILITY VS PLACE OF EXPIRY

…

July 20, 2013
2 min read
PLACE OF PRESENTATION

…

July 15, 2013
3 min read
WHEN LC REQUIRES PRESENTATION OF LESS THAN A FULL SET OF ORIGINAL BILLS OF LADING

…

July 9, 2013
2 min read
EXPRESS BILL OF LADING

…

July 8, 2013
3 min read
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…

June 25, 2013
5 min read
WHERE THE BL DATE IS REFERRED TO AS THE DATE OF ISSUANCE

…

June 21, 2013
4 min read
WHETHER SUB-ARTICLE 14 (c) IS APPLICABLE

…

June 21, 2013
2 min read
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?…

June 15, 2013
3 min read
BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân

There are mornings when the weather’s just too nice to stay indoors. So I hopped on my bik…

11 hours ago
8 min read
CYCLING TO LE PASS

“You won’t know Le pass till you go. And once you do—get ready to pant like crazy.” (Chưa …

1 day ago
2 min read
WHEN A DEPOSIT IS REQUIRED TO SECURE PAYMENT UNDER A USANCE LC

QUESTION Hi Mr. Old Man, I’ve been trying to find this information but couldn’…

3 days ago
3 min read

Load More Related Articles

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân

There are mornings when the weather’s just too nice to stay indoors. So I hopped on my bik…

11 hours ago
8 min read
CYCLING TO LE PASS

“You won’t know Le pass till you go. And once you do—get ready to pant like crazy.” (Chưa …

1 day ago
2 min read
WHEN A DEPOSIT IS REQUIRED TO SECURE PAYMENT UNDER A USANCE LC

QUESTION Hi Mr. Old Man, I’ve been trying to find this information but couldn’…

3 days ago
3 min read

Load More By Mr Old Man

DISCOUNTING A DPU INCURRED BY ISUING BANK

QUESTION Dear Mr. Old Man, I have a question regarding the situation where a non-n…

September 14, 2024
5 min read
CONSIGNEE ON DOCUMENTS OTHER THAN CERTIFICATE OF ORIGIN (updated with ISBP 821)

QUESTION Dear Mr. Old Man! It is understood that where a bill of lading is made out to the…

January 5, 2024
2 min read
ĐƯỜNG TRANH BÍCH HỌA YÊN KHÊ

Với chủ đề “Đà Nẵng Xanh” các họa sĩ đã khắc họa 56 bức tranh bích họa trên tường rào Trườ…

August 18, 2023
1 min read

Load More In Uncategorized

Check Also

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân

There are mornings when the weather’s just too nice to stay indoors. So I hopped on my bik…

About me

Recent Posts

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân

Mr Old Man

11 hours ago

CYCLING TO LE PASS

Mr Old Man

1 day ago

WHEN A DEPOSIT IS REQUIRED TO SECURE PAYMENT UNDER A USANCE LC

Mr Old Man

3 days ago

APPRAISING THE FEASIBILITY OF A FILM PROJECT

Mr Old Man

3 days ago

Popular
Recent
Comments
Tags

UCP 600 ARTICLES 30 AND 31

March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

March 8, 2010

TRANSFERRING BANK S LIABILITY UNDER TRANSFERRED LC

March 6, 2010

TO ORDER BILL OF LADING AND ENDORSEMENT

March 6, 2010

BACK TO RÚ CẤM NAM Ô & the Legend of Princess Huyền Trân

11 hours ago

CYCLING TO LE PASS

1 day ago

WHEN A DEPOSIT IS REQUIRED TO SECURE PAYMENT UNDER A USANCE LC

3 days ago

APPRAISING THE FEASIBILITY OF A FILM PROJECT

3 days ago

Mr Old Man: Thank you, Admin. Mình thấy WP Rocket phát hiện spam và chuyển vào Trash. Mình l...

Mr Old Man: Thanks for your appreciation!...

Mr Old Man: Thanks for your appreciation!...

HeroKings: This check in location is great, the scenery is so beautiful. great experience,...

negotiation Documents lost in transit On board notation Monkey Mountain Challenge 2025 non-documentary conditions SBLC Amendment Disposal of docs lc-availability 24 hour charity cycling event transferred LC any chinese port lc-expired Hai Dang Tien Sa Tà Lang expiry-date Late presentation place-of-expiry beneficiarys-name without delay Hoa Bac Shipping guarantee NUMBER OF ORIGINALS Katie field-72-sender-to-receiver-information-of-mt-103

Follow Me

Popular posts

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

LC CONFIRMED BY THE FIRST ADVISING BANK

Mr Old Man

September 15, 2013

Travel

EARLY PRESENTATION

Mr Old Man

September 11, 2017

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

Timeline

March 12, 2020
ĐÀ NẴNG ĐỪNG ĐÁNH MẤT BÃI ĐÁ TRIỆU NĂM MỘT LẦN NỮA
March 28, 2013
SEEKING TO LIFT A COURT ORDER
July 25, 2024
THE ABSENCE OF AN LC NUMBER OR MISTYPING THAT NUMBER ON A DOCUMENT DOES NOT CONSTITUTE A REASON FOR REFUSAL
August 23, 2020
AI ĐI CỬA KHẺM THÌ ĐI (updated)
October 4, 2016
A CASE REGARDING CUMULATIVE REVOLVING LC
February 15, 2024
LET’S KICK OFF THE NEW YEAR OF THE DRAGON WITH Q&A RELATED TO ISBP

Top Tags Hai Dang Tien Sa On board notation Amendment non-documentary conditions lc-availability SBLC NUMBER OF ORIGINALS any chinese port Documents lost in transit negotiation lc-expired Monkey Mountain Challenge 2025 Disposal of docs transferred LC 24 hour charity cycling event

© Copyright 2014 - 2017 | Mr Old Man Theme by ThietKeWebDaNang.Com | All Rights Reserved | Powered by Cuongnq