#LCVblog#tradefinance
lcviews blog: When is the guarantee issued acc to ISDGP?
This Blog takes a look at the “journey” ISDGP has taken towards ISDGP para 70 as well as an elaboration of the ISDGP paras that relate to when a guarantee is actually issued.
https://t.co/tILC5gHRzv
#tradefinance#LCVSW New SingleWindow Q&A: UCP article 14(j)
This – rather interesting – question asks about the background for UCP 600 article 14(j).
https://t.co/mAzrlIbd2t
#tradefinance#LCVSW New SingleWindow Q&A: pledge on the goods under charter party bill of lading
Should banks security/pledge on the goods be different if it is a CPBL compared to a “normal” B/L?
https://t.co/Xzql36Fspm
#LCVblog#tradefinance
lcviews blog: New ICC Draft Opinions are out (March 2021)
This week the ICC circulated five Draft Opinions, to be discussed at the next ICC Banking Commission meeting which will be held virtually 31 March 2021. For more information:
https://t.co/3Xk62qIGnK
#tradefinance#LCVSW New SingleWindow Q&A: price clause under commodities LC
is the bank supposed to check the correctness of the invoicing if the LC contains an escalation/de-escalation clause based on an external index such as Platt's quotation?
https://t.co/dsl1ITS5Mk
#tradefinance#LCVSW New SingleWindow Q&A: “ACTING AS CARRIER” HAVE THE SAME MEANING WITH “AS CARRIER” OR NOT?
My go at the above is here:
https://t.co/DnoJhqchYJ
#tradefinance#LCVSW New SingleWindow Q&A: Missing or Wrong LC number
A recurrent question; trying to capture all relevant sources in the answer….
https://t.co/rsQn8gZNEO
#LCVblog#tradefinance
lcviews blog: The Final ICC Opinions from the 2020 Technical Meeting are out
This week the ICC circulated the new bundle of Final ICC Opinions.
https://t.co/9ErH1GnnZk
#tradefinance#LCVSW New SingleWindow Q&A: Another question about B/L signing box
Another really interesting question. This time about the signing of bills of lading; and if the signing is an accurate representation of reality.
https://t.co/EHIgRNfZKj
#tradefinance#LCVSW New SingleWindow Q&A: rejection of amendment
A really interesting question about an amendment – (potentially) changing the maturity; where it is kind of hard to determine if the amendment has been accepted by the beneficiary.
https://t.co/V6280oJ4op
The second wave of Covid-19 is flushing over the world. Many countries are again or still in different stages of lockdown. How do that influence the Trade Finance business?
The book CoronAdvice is still available to provide the answers you need.
https://t.co/dbCUb4hNTi
#tradefinance#LCVSW New SingleWindow Q&A: 14 days detention period
the LC requires the Bill of Lading to show “14 days free detention period”. The presented BL shows “14 days free detention and demurrage period combined”. Is this a discrepancy?
https://t.co/9s6YoPvWNK
#tradefinance#LCVSW New SingleWindow Q&A: IMPORT USANCE BILL MATURITY
The question is if the issuing bank may settle the Import Bill before maturity – when the actual due date is a non-banking day.
https://t.co/EchxPkKRTF
#tradefinance#LCVSW New SingleWindow Q&A: FIND OUT ACTUAL PRICES OF ANY PRODUCT
A question revisiting the banks possibility to check if the price of the goods shipped is in line with the market price of the same goods.
https://t.co/OnAFIsMh71
#LCVblog#tradefinance
lcviews blog: The Cyprus Draft Opinions are out
Beginning this week, the ICC Banking Commission circulated the new bundle of Draft ICC Opinions. Read more …
https://t.co/XPAbmzCY7W
#tradefinance#LCVSW New SingleWindow Q&A: APPLICANT NAME AND ADDRESS ON DRAFT
“All shipping documents to mention applicant name and address”. Does that apply to a Draft? Read more:
https://t.co/nn9I5q4pSi
“A timely book on a hard topic. 5 out of 6 stars.”
Best Trade Solution has dedicated a full page to my book “CoronAdvice”. It includes a full review of the book that ends with the words:
“A timely book on a hard topic. 5 out of 6 stars.”
https://t.co/28BrOa81NG
#tradefinance#LCVSW New SingleWindow Q&A: ISBP A9
Would data on e.g. bill of lading or insurance document added in handwriting require authentication?
https://t.co/QVI13XwBz6
#tradefinance#LCVSW New SingleWindow Q&A: Quantity conflict
Do the 10.500 pcs on the invoice create a conflict against the 9.500 pcs mentioned on the Minutes of checking documents?
https://t.co/jKgtv9kBVw