Standby & Guarantee Forum: November 4 Event Slide Presentations: * Treasury, Working Capital & RIsk Management * Case Closed- Lessons from SBLC
US Rev UCC 5-108(g) states: “If an undertaking constituting a letter of credit under Section 5‑102(a)(10)
Prime Minister Shehbaz Sharif has promised that the Pakistani government will intervene on behalf of oil refineries facing potential shutdown due to international banks’ unwillingness to “endorse” LCs opened by refineries for crude oil imports.
According to The Express Tribune, a source quoted Sharif as saying: “If the issue of LCs worsens, the State Bank of Pakistan (SBP) will make payments for oil import”.
When businesspeople engage in mutual business dealings and loans to each other under multiple corporate entities they operate but their
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
Documentary Credit World is pleased to announce the addition of Edward R. Stoltenberg to our Editorial Advisory Board (EAB). Edward
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
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