Documentary Credit World (Page 3)

Challenges Abound in Legal Realm of Trade Finance

A Conversation with Christine C. Sullivan In our interview series spotlighting the talented people in trade finance, we speak with

Michael Byrne Apr 15, 2026

DCW Articles

Why We Need UCP Revision and More Purposeful Education

Although ICC has opted not to pursue UCP revision at this time, trade finance consultant Miguel Bustamante explains why he believes both revision and education are needed and are not mutually exclusive.

Miguel Angel Bustamante Morales Apr 14, 2026

DCW Monthly: March 2026

This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee

Chris Sandler Mar 18, 2026

DCW Updates

Business as Usual in Dubai, but Fluid Situation

In the initial weeks since the war against Iran began 28 February, trade finance operations in banks in Dubai have

DCW Newsroom Mar 18, 2026

DCW Updates

US Treasury Flags TBML Threat in 2026 National Risk Assessment

Trade finance rarely sits at the center of money laundering discussions, but the US Treasury Department’s 2026 National Money

Michael Byrne Mar 18, 2026

DCW Updates

Court’s Interpretation of LC as Conditional Form of Payment Benefits Seller

Even if a seller is responsible for an LC issuing bank’s failure or refusal to pay because it did

Christopher Byrnes Mar 18, 2026

DCW Updates

English Court Decides on Legal Nature of “Classic Performance Bond”

In Power Projects Sanayi Insaat Ticaret Ltd v. Star Assurance Co Ltd,[[1]] the English Commercial Court held that under

Christopher Byrnes Mar 18, 2026

DCW Updates

Bonded Warehouse Facilities Must be Modernized

Abuse of bonded warehouse facilities by Bangladesh’s readymade garments industry has been gotten worse since the 1990s. By one

Christopher Byrnes Mar 18, 2026

DCW Articles

Letters of Credit

In the latest installment of this annual survey article series, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2024.

Carter Klein Mar 18, 2026

DCW Articles

Not So Evergreen: Court Limits Duration of Auto-Extension Clause in Letter of Credit

Paul Roder examines why the Court decision in Starr Indemnity is troubling both in its interpretation of the auto-extension clause and the practical effect it may have on the industry.