DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
DCW Articles
Delhi High Court Decides for Beneficiary. What Took So Long?
The Indian judicial process can move at a sluggish pace, but the facts of this LC case suggest it should not have lingered. Ashish Madan considers the discrepancies and asks questions if other factors contributed to the delay.
5 min read
The judgment issued earlier this year in Kannu Exports v. Banque Nationale De Paris (Suisse) S.A.[[1]] concludes a more than two decades-long dispute between Banque Nationale De Paris (Suisse) (LC Issuing Bank) and Kannu Exports (Beneficiary). Upon presentation, Issuing Bank refused to pay under the LC issued subject to UCP500 in 1998, citing purported discrepancies. After a long wait, the case was decided ultimately in favour of the Beneficiary.
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DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
DCW Updates
SWIFT Message Reference Guide Cited in NY Case
A recent decision issued by a New York court demonstrates the importance of proper understanding and use of the SWIFT
DCW Articles
The Hidden Risks of Varying a Confirmation's Terms
Exactly what is an issuing bank authorizing or requesting a nominated bank to do when it requests the bank to “add its confirmation” to a credit? Several considerations and questions should be weighed by a would-be confirmer.
DCW Articles
A Corporate View of Trade Finance: Structuring Guarantees and Standbys at the Bid Stage
In project-driven industries, guarantees and standby letters of credit shape bids and contract negotiations early. Nadia Khirddine of AtkinsRéalis offers a corporate perspective on structuring these instruments and working effectively with banks.
