Latest news (Page 75)

Problems Cited with Export LCs from Bangladesh

From recent discussion among LC specialists, DCW has learned that bankers at some US-based financial institutions are aware of banks

DBS Bank v. Wuxi Humei Thermal Energy & Electric Power Engineering Co., Ltd. [2017]

Rich Int’l Grp. v. Soleil Capitale Corp.

ISP98 Interpretation 3: Does Standby also Include Confirmation

In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the

ISP98 Interpretation 2: PRC Independent Guarantee Provisions and ISP98

In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the

ISP98 Interpretation 1: Application to Independent Guarantees

In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the

Arab Banking Corp. v. Boustead Singapore Ltd.

UCP600 Revision: A Tune-Up Opportunity for this Old Vehicle Called the “Letter of Credit”

Letters of credit have been around for decades, probably since the 19th Century or earlier. We are now in the

Face Matters Or Facts Matter – On LC Negotiation

Two Charged with Import Fraud in Ethiopia

Investment Company Head Sentenced for Fraud

CBI Registers Case against Bank Employee and Others Accused of Fraud