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 35)
DCW Updates
LC Issuances Drop to 32-Month Low in Bangladesh
Multiple factors have contributed to a continuing precipitous fall in the value of LCs opened and settled in Bangladesh. According
DCW Updates
ICIEC Reaches Credit Insurance Policy Deal with Saudi EXIM Bank
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a segment of the Islamic Development Bank (IsDB)
DCW Scam Survey
Seeing Red: India’s CBI Objects to Interpol Withdrawal of Notice against Choksi
Mehul Choksi’s name has been removed from Interpol’s database of “Red Corner Notices” (Red Notices).
DCW Litigation Digest
Heytex Bramsche GMBH v. Unity Trade Capital Ltd. [2022]
Vessel Owner appealed summary judgment granted to unreimbursed Issuer that alleged misdelivery. -- footnote 4 link to other case?
DCW Feature
Application of US Uniform Commercial Code Article 5 in International Letter of Credit Transactions
A look into application of US UCC Article 5 for letter of credits outside of the United States
DCW Interview
DCW Catches Up With Stefan Tryggvason, Chief Executive Officer of China Systems
DCW Interviews Stefan Tryggvason about global supply chain
DCW Articles
Vessel Ownership, Trade Finance and Regulatory Compliance
This paper explores vessel risk based upon whether Group Ownership information is known or unknown for each vessel alongside identified compliance behavior.
DCW Updates
EU Sanctions Used to Enjoin LC
Lummus Technology Heat Transfer B.V. v. Credit Agricole Corporate Investment Bank involves a EUR 5.1 million (USD 6.
DCW Updates
Letters of Indemnity: Who’s Really Protected?
Recent court cases in Singapore have shone a spotlight on the serious perils of relying on a letter of indemnity (LOI) in lieu of presentation of shipping documents.
DCW Conference Report
2023 ICC Banking Commission Annual Meeting: Executive Summary
The ICC Banking Commission held its 2023 Annual Meeting on 18-19 April 2023 via Zoom, and the DCW Executive Summary follows.
DCW Scam Survey
Former Bank Official and Couple Convicted in Fraud Trial in India
The former Assistant General Manager of Dena Bank and a husband and wife have been convicted of fraud involving a forged letter of credit.
DCW Litigation Digest
Standard Chartered Bank (Singapore) Ltd. v. Maersk Tankers Singapore Pte. Ltd. [2022]
Beneficiary Lodged Creditor's petition against insolvent Non-Bank Issuer alleging wrongful dishonour.