BAFT, TFG Publish Comprehensive LC Guide
TFG and BAFT release a guide to LCs in a 40- page educational document.
BAFT Responds to US Agencies’ "Basel Endgame" Capital Rule Proposal
BAFT responds to US regulatory proposal "Basel Endgame" on capital requirements, emphasizing fair treatment for trade finance.
How the Documentary Credit can Thrive in a Digital Environment
In a wide-ranging overview of the documentary credit’s origins to its future viability, David Meynell is laser-focused on making the case that digital technology has thrust documentary credits into a promising new era primed to offer increased efficiency, transparency, and security.
An Embedded Thorny Clause to Clear Payment of Standby
Issuing bank received a timely demand that complied with the standby. However, on the beneficiary’s cover letter, the payment instruction request to remit payment to their account with a different bank than what is stated on the certification.