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.
One of the world’s largest importers of wheat, Egypt is facing substantially higher costs for the product for which Russia and Ukraine have been its primary suppliers.
Bankers also have reported that shortages of dollars have led to blockages at Egyptian ports due to importers’ inability to secure needed foreign currency for LCs to gain clearance of goods.
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
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
