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 77)
DCW Updates
ICC Technical Advisory Briefing No. 1 (TAB-1) - on Non-Documentary Conditions
The ICC Banking Commission released its “Technical Advisory Briefing No. 1” on the topic of Non-Documentary conditions in Documentary Credits subject to UCP 600.
DCW Updates
Sri Lanka: Importers now Insisting on Confirmed LCs
As the country’s foreign exchange shortage worsens, regular suppliers of imports who previously extended credit terms are now insisting on confirmed LCs.
DCW Feature
Modifications and Exclusions of UCP600 Articles in Commercial Letters of Credit
Practical advice for modifying and excluding UCP600 articles in commercial letters of credit.
DCW Updates
Stevenson Appointed SVP of Trade at BAFT
Longtime trade finance expert Scott Stevenson joined BAFT as Senior Vice President of Trade in 2021.
DCW Updates
Joint Motion for Protective Order Granted in Zions
US Court granted a joint motion for a protective order in breach of contract action Zions v. JPMorgan.
DCW Updates
Additional ICC Technical Advisory Briefing Topics Identified
Following the release of TAB-1, the ICC announced three future TABs for 2023 and beyond.
Demand Guarantees
ISDGP and Advising Banks: For a Flexible, Pragmatic Interpretation of Control on Behalf of the Issuer
On 31 March, 2021, the long-awaited International Standard Demand Guarantee Practice (ISDGP) Publication No. 814E, a complement to URDG758
DCW Information Digest
Bold Critique of SWIFT: Justified or Not?
Even as SWIFT volumes have ascended to record levels amid the global pandemic, The Economist has issued a call for
DCW Conference Report
October 2021 ICC Banking Commission Technical Meeting: Executive Summary
The ICC Banking Commission held its 2021 Technical Meeting in a virtual setting conducted via the Zoom online platform on 6-7 October.