In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not
Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and
China’s revision of its Maritime Law which took effect 1 May 2026 not only ushered in enhancements of parties’
Banks that handle collections must not neglect the product and have proper controls in place to deal with the risks.
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