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ISP98 Model SBLC Forms

The ISP98 Model Forms are fillable templates written by bankers and lawyers, and are aligned with ISP98 (ICC Publication No. 590), the most widely used rules for standbys.

DCW Monthly: February 2025

DCW Monthly: February 2025

This month, we're spotlighting the challenges and hard-earned lessons emerging from LC disputes and sanctions enforcement crackdowns.

Letters of Credit*

Continuing an annual survey written by top legal experts each year since 1992, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2023.

Hard Cases – Taking Stock of How Trader Defaults and Geopolitical Events Shaped LC Court Decisions

Following his writing in the January 2025 edition of DCW, Robert Parson continues his look at high profile cases by revisiting decisions surfacing from Singapore commodity defaults of recent years.

Simple Documentary Credit Format

In the fourth instalment of his DCW article series on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell reinforces the case for simple documentary credits and offers tips on how to construct them.

Addressing Misconceptions of Electronic Signatures

There's more (or less) to signatures than how they are labelled. In his article, Dr. Alan Davidson sheds light on variants of electronic signatures.