New on DCW: The Banker’s Guide to Examination under Documentary Credits
For document examiners and trade finance operations staff, few decisions carry more weight—or more risk—than determining whether a
Latest news (Page 23)
DCW Articles
ISP98: Standby Rules Well-suited for Technological Advancements Then and Now
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
February 2024
Generation Next Fashions Ltd. v. JPMorgan Chase Bank, N.A. [2023]
Seller sued Collecting Bank for breach of URC 522
DCW Government Report
U.S. Office of Foreign Assets Control (OFAC) FAQ 973
OFAC FAQs about foreign financial institutions sanctioned pursuant to EO 14024
DCW Updates
The Intolerance of a Short Drawing
The question discussed centered on whether document examiners would pickup Short Drawing as a discrepancy since the LC does not permit tolerance in the amount and the amount drawn is less than the total value of the LC.
DCW Updates
BAFT, TFG Publish Comprehensive LC Guide
TFG and BAFT release a guide to LCs in a 40- page educational document.
DCW Articles
What Makes a System “reliable” and is There Strength in Numbers?
Alignment between UK Electronic Trade Documents Act 2023 and MLETR. Criteria for electronic trade document reliability, the Act's impact on eUCP, and systems for digitising trade.
