July 2026
DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
232 articles
(Page 8)
DCW Scam Survey
Choksi Arrested, but Extradition to India on Hold
Following a request from India for Mehul Choksi’s extradition, Belgium arrested the fugitive former diamond trader on 12 April
DCW Scam Survey
Former Sri Lankan Official Arrested for Unauthorized LC Use
A former Additional Secretary to Sri Lanka’s Agriculture State Ministry is facing charges in connection with an alleged financial
DCW Updates
Hong Kong Police Arrest Five Suspects on Charges of Using False LCs
Five individuals attempting to convert letters of credit into USD 10 billion at a bank in Hong Kong on 10
April 2025
Tech Providers Compete in Trade Transformation Challenge
A high-level workshop for trade & supply chain finance and technology professionals was conducted on 20 February 2025 in
DCW Updates
India Takes Important Step toward New Bills of Lading Law
After some 169 years, India is on the cusp of having a new law for bills of lading.
DCW Updates
Mexican Customs: Another Good Reason to Avoid Use of Drafts
When one LC specialist encountered delay after sending drafts and shipping documents to Mexico, the resounding suggestion from industry peers
DCW Updates
DCSA+ Pulls Partners in, Leaves Banks Out
On 5 March 2025, the Digital Container Shipping Association (DCSA) based in The Netherlands announced launch of DCSA+, a new
DCW Updates
Porch Group Settles with Vesttoo Creditors Liquidating Trust
Porch Group, which has pursued multiple lawsuits in attempting to recover heavy losses from the Vesttoo reinsurance letter of credit
DCW Scam Survey
India’s CBI Seeks to Unravel Fraud Allegations in 2017 Case
India’s Central Bureau of Investigation (CBI) is looking into alleged collusion in a case initiated in 2017 relating to
DCW LC Statistics
LC Statistics: 4Q24 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 4Q 2024.
DCW Conference Report
February 2025 ICC Banking Commission Meeting: Executive Summary
The ICC Banking Commission returned to Dubai, UAE, for its 2025 Annual Meeting on 17 February. The one-day event was organized by ICC UAE and hosted by Dubai Chambers. In addition to those participating in-person, others attended virtually.