Latest TABs Address Confirmation, Procedure for Payment under UCP600
In the latest rollout of its Technical Advisory Briefings (TABs), the ICC Banking Commission has issued TAB No. 13, “Confirmation
From recent discussion among LC specialists, DCW has learned that bankers at some US-based financial institutions are aware of banks in Bangladesh releasing discrepant documents to applicants without acceptance or payment, claiming that their country’s Central Bank (Bangladesh Bank) allows for such practice.
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial