Anyone can give me your opinion on this issue?

Thank you.

Dear all I would like to seek for your opinions and experiences about the following situation: We received documents under our import L/C (sight L/C) , under which B/L showed a vessel name that hit the OFAC's SDN list. When studying the reason for being sanctioned of the ship, we found that this ves...

Thank you Mr. Duc and Rita Ricci I just wonder how can we know that the nominated bank did act on its nomination if it did not mention this action on the schedule? Can we consider that it did not act on its nomination if it did not so indicate? And how can issuing bank arrange the reimbursement to t...

Dear all

Please let us have your opinion on this query. Thank you very much!

Hi all I would like to seek for your opinion in the following case: Extract from L/C: 41D: AVAILABLE WITH…BY… ANY BANK BY NEGOTIATION 42C: DRAFT AT… 60 DAY AFTER BILL OF LADING FOR 100PCT OF FULL INVOICE VALUE 42A: DRAWEE ISSUING BANK (BIDV) BIDV received the complying document from presenting bank ...

ISBP 745 Paragraph states G2) a. A transport document, however named, containing any indication that it is subject to, or any reference to, a charter party is deemed to be a charter party bill of lading. Therefore, your L/C clearly allows presentation of Charter B/L and there is no need to worry

The clause stated in your Insurance is about the Survey of damages only. It does not affect the claim ability and the claim amount and therefore is harmless. In fact, it is even beneficial to the assured because it saves him the inconveniences caused by required survey for too little damage.

Dear all, Pls give your opinion and advice for the following case: If an L/C issued by non-English bank and it state "THE CONSTRUCTION, VALIDITY AND PERFORMANCE OF THIS LETTER OF CREDIT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH ENGLISH LAW", what is the risk that issuing bank m...

Hi,
After proceeding with an official legal action, the collecting bank H.O believes that documents acted upon were fraudulent. So all of our claims were paid.
Thank so much for your all advices.

Hi,
If the last resort (Legal action) must be used, who will be the plaintiff in this case (our bank or the seller)?

Thanks so much for your all advices.