DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
The views expressed by the authors in this publication do not represent their employers or any agency. Any content should
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
On 20 April 2025, Bangladesh Bank’s Foreign Exchange Policy Department issued FE Circular Letter No. 14, “Remittance against import transactions”.
Directed at all Authorized Dealers (ADs) in Foreign Exchange operating in the country, the Circular refers to the Central Bank’s Guidelines for Foreign Exchange Transactions, 2018 (GFET), Chapter 7, Paragraph 26 which grants ADs the ability to effect remittances against discrepant documents/documents received directly by respective importers, on receipt of bill of entry in support of the release of goods.
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
In a highly anticipated ruling, the English High Court concluded that AerCap Ireland Limited and other lenders who lost aircraft
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
Contemporaneously with its release of its latest Draft Opinions on 6 June 2025, ICC issued a one-page memorandum note regarding
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
