ICC Finalizes Opinion on B/L Freight Details
At its first quarterly discussion session of 2026 on 27 January, the ICC Banking Commission finalized ICC Opinion TA958rev. It
The Trade Finance community has lost not only a great expert, but also a warm personality. Hugo Verschoren started his
Following a career of more than 50 years as a lawyer, including more than three decades concentrating on letters of
Very few banks will now issue an LC using the SWIFT MT799 format as most banks, especially in Europe, will
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
In a recent discussion, standby specialists took up the matter of a US issuer of a non-transferable standby being presented
The ICC Banking Commission addresses the subject of “Modifications and Exclusions under Documentary Credits subject to UCP 600” in Technical
Exploring the guarantor's right of recourse, analyzing legal concepts, international banking practices, and banking structures in China. Specifically guarantees and counter guarantees.
Let's hear from some of the LC community as they share memories and stories of their time working
Citing media misinformation intended to create uncertainty in the oil and gas market, the State Bank of Pakistan (SBP) issued
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