Drawing on the China case, Luoyang Aviation, Saibo Jin examines the relationship between the transferred credit and the original credit.
Banks that handle collections must not neglect the product and have proper controls in place to deal with the risks.
In the latest installment of his article series on originality of paper and electronic documents, Pavel Andrle addresses practical use of the current ICC rules and matters he believes need clarified to better facilitate use of electronic records in trade finance.
LCs calling for copies and photocopies. Does it make a difference if copies are called for by the applicant compared to photocopies presumably called for by the issuing bank?
In a recent discussion among LC specialists, the group considered the situation of a commercial LC which required “presentation of 3/3 original onboard Bills of Lading and 3 copies apart from other documents”.
The Maritime Code of the People's Republic of China was revised and adopted by the 18th Session of
Misrepresentation of how letters of credit are used has sadly plagued the industry for decades. We are all too familiar
A recent study suggests demand for smart contracts in trade finance is on the ascent due to a variety of
Following official launch of its sustainable trade solutions in the Philippines in November 2025, MUFG Bank, Manila Branch has issued
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