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DCW Feature

ICC Opinions: Why has Usage Reduced?

Writing as a trade finance professional with a long background in the business, Dave Meynell offers his personal views on factors contributing to the sharp reduction in ICC Official Opinions issued over the past several years.

Dave Meynell
DCW LC Statistics

LC Statistics: 4Q24 US Bank LC Issuance

DCW delivers quarterly LC issuance statistics from the top 600 US-based banks. Here’s the latest data for 4Q 2024.

DCW Newsroom
LC Statistics: 4Q24 US Bank LC Issuance

DCW reports quarterly LC issuance statistics for the top 600 banks headquartered in the US.

Notes about the LC Issuance Data:

  1. Numbers are in USD 1,000s and reflect net LC value amounts outstanding at close of referenced quarterly period.
  2. "Financial SBLCs" and "Performance SBLCs" reflect net after subtracting respective amounts conveyed to others.
  3. "Standby LCs" reflects the combined total for "Financial SBLCs" and "Performance SBLCs".
  4. "Total LCs" reflect totals for "Standby LCs" and "Commercial & Similar LCs".

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