Drawing on the China case, Luoyang Aviation, Saibo Jin examines the relationship between the transferred credit and the original credit.
Banks that handle collections must not neglect the product and have proper controls in place to deal with the risks.
In the latest installment of his article series on originality of paper and electronic documents, Pavel Andrle addresses practical use of the current ICC rules and matters he believes need clarified to better facilitate use of electronic records in trade finance.
Eastern Bank Ltd. has announced its partnership with Visa Worldwide Pte. Ltd. to offer trustee services towards domestic settlement obligations which will provide Visa clients the option to ensure security in the form of Bangladeshi Taka (BDT) cash collateral against domestic transactions.
Previously, such collateral was provided by USD-denominated standby LC issued by international banks in favor of Visa.
The Maritime Code of the People's Republic of China was revised and adopted by the 18th Session of
Misrepresentation of how letters of credit are used has sadly plagued the industry for decades. We are all too familiar
A recent study suggests demand for smart contracts in trade finance is on the ascent due to a variety of
Following official launch of its sustainable trade solutions in the Philippines in November 2025, MUFG Bank, Manila Branch has issued
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