DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
DCW LC Statistics
LC Statistics: 1Q25 US Bank LC Issuance
DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 1Q 2025.
DCW reports quarterly LC issuance statistics for the top 600 banks headquartered in the US.
Notes about the LC Issuance Data:
- Numbers are in USD 1,000s and reflect net LC value amounts outstanding at close of referenced quarterly period.
- "Financial SBLCs" and "Performance SBLCs" reflect net after subtracting respective amounts conveyed to others.
- "Standby LCs" reflects the combined total for "Financial SBLCs" and "Performance SBLCs".
- "Total LCs" reflect totals for "Standby LCs" and "Commercial & Similar LCs".