DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
229 articles
(Page 18)
DCW Updates
New York Court Declines to Dismiss LC Dispute
New York County’s Supreme Court has rejected an Indian issuing bank’s motion to dismiss a complaint regarding an
DCW Updates
How to Determine What Constitutes a Banking Day
The definition of “Banking Day” in UCP600 Article 2 ¶ 3 requires interested and affected parties to look outside the terms of the UCP to determine what days are actually banking days.
DCW Updates
England’s Vexing Guarantee Legacy: Can Better be Done?
Did English courts finally define the difference between a surety guarantee versus a demand guarantee?
DCW Information Digest
Bold Critique of SWIFT: Justified or Not?
Even as SWIFT volumes have ascended to record levels amid the global pandemic, The Economist has issued a call for
DCW Updates
Charges Multiply against Hin Leong Oil Trading Founder
Twenty-five forgery-related charges were levied last year against Lim Oon Kuin, founder of collapsed oil trading firm Hin
DCW Updates
Singapore’s ABS Establishes Industry Guidelines for Commodity Financing
The Association of Banks in Singapore (ABS), in concert with government agencies of Singapore, published a “Code of Best Practices
February 2019
Problems Cited with Export LCs from Bangladesh
From recent discussion among LC specialists, DCW has learned that bankers at some US-based financial institutions are aware of