DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
Latest news (Page 37)
DCW Feature
Vessel Due Diligence: The Major Sanctions Risks FIs Face
FIs have many risks complying with OFAC maritime sanctions, including the "dark fleet". Read about the economic and environmental risks.
DCW Conference Report
2024 ICC Banking Commission Annual Meeting: Executive Summary
The ICC Banking Commission held its 2024 Annual Meeting on 9-10 April in-person in Paris and virtually via Teams. An opening session on the ISBP review process was followed by the ICC Official Opinions session. Day 2 featured thematic sessions and the Commission’s semi-annual Plenary Meeting.
DCW Feature
LC Stats: Comparing 4Q 2019 to 4Q 2023 for US Banks
Charting 4 years of issuance for the top 50 US-based LC banks. See who moved into the top 50, and how things have shifted from pre to post Covid.
DCW Feature
What to Watch for: Six Trends in Letter of Credit Practice | Revisited
In 2012, Professor James E. Byrne identified six emerging trends affecting the continued value and profitability of LCs. In their capacity as DCW Editorial Advisory Board members, experienced practitioners offer commentary
Commercial LCs
What to Watch For: Six Trends in Letter of Credit Practice (2012)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
