In Memoriam: James Barnes
The trade world was saddened by the news of the loss of one of our own: Jim Barnes. Below are
190 articles
DCW Updates
Standard Chartered Bangladesh Launches Receivables Finance Solution
Seeking to enhance liquidity for Bangladesh exporters by enabling their early repatriation of export proceeds under deferred payment letters of
DCW Updates
FinCEN Clarifies Aspects of SAR Requirements
On 9 October 2025, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), in concert with other
DCW Updates
Bangladesh’s Central Bank Cracks Down on Splitting LCs
Since Bangladesh Bank, the country’s central bank, established its Foreign Exchange Policy Department (FEPD) as a dedicated department for
DCW Scam Survey
Ex-Owners Ordered to Pay Ukraine’s Privatbank USD 3 Billion
An English High Court on 10 November 2025 ordered the former owners of Ukraine’s largest bank to pay the
DCW Updates
Ugandan Bank Entitled to Recover through Properties Sale
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
DCW Updates
Edward Stoltenberg to join DCW Editorial Advisory Board
Documentary Credit World is pleased to announce the addition of Edward R. Stoltenberg to our Editorial Advisory Board (EAB). Edward
DCW Updates
Usance Payment at Sight LCs as a Conduit to Supply Chain Finance
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
DCW Updates
BPCE Issues Europe’s First Defence Sector Bond
In a move indicative of a broader shift in security finance, Groupe BPCE became the first financial institution in Europe
DCW Updates
ISP98 Form 11.1 for U.S. Government SBLCs Now Online
ISP98 Form 11.1 (Model US Government Standby) is the latest addition to IIBLP’s series of model forms available
DCW Updates
DCW LC Stats Sourcing Explained
On a quarterly basis, DCW publishes LC issuance statistics for the Top 600 US banks. For many DCW readers these
DCW Scam Survey
Group Accused of Duping Indian Pharma Trader with Fake LC
Six owners and associates of Prizam Alliance Pvt Ltd. of Surat, India, are under investigation by the Economic Crime Prevention
UCC Section 5‑108(g)
US Rev UCC 5-108(g)
US Rev UCC 5-108(g) states: “If an undertaking constituting a letter of credit under Section 5‑102(a)(10)