Debate persists on when an independent undertaking is issued: upon leaving the issuer’s control or only when advised to the beneficiary. Various rules clarify issuance timing.
As the latest addition to its international trade finance training and information services offerings, Coastline Solutions has launched an online training course in Supply Chain Finance.
Comprised of 12 hours of structured and interactive training on the recognised international definitions and techniques associated with Supply Chain Finance, the course provides education on the broad range of established and evolving SCF practices and techniques for the provision of finance and the management of risk across parties in a supply chain.
Debate persists on when an independent undertaking is issued: upon leaving the issuer’s control or only when advised to the beneficiary. Various rules clarify issuance timing.
On 15 Feb 2023, DCSA members pledged to issue 50% of bills of lading (B/Ls) electronically by 2028 and 100% by 2030, aiming to cut costs and boost global trade.
