DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
Receivables purchase
Comparing Receivables Purchase with Documentary Credit Financing
Within the ambit of trade finance is found a broad range of products and solutions that support global trade and its growth. This article discusses Receivables Purchase, a method of financing different from traditional lending, and financing linked to documentary credits.
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DCW Updates
Updated 2026 Trade Finance Guide Released by TTP
In partnership with the International Trade & Forfaiting Association (ITFA), Trade Treasury Payments (TTP) published its “Trade Finance Guide 2026”
DCW Articles
The Case against UCP 600 Revision and for Education
Following the majority vote against UCP revision by ICC National Committees, Dave Meynell offers evidence suggesting education and guidance is the prudent way forward.
DCW Articles
First Brands Bankruptcy Casts Spotlight on Supply Chain Finance
The September 2025 bankruptcy filing of First Brands has thrust supply chain finance into the industry spotlight again. Supply chain specialist Tat Yeen Yap explains how certain forms of SCF techniques work and addresses whether they can give rise to opaque accounting and hidden financial debt.
DCW Updates
Usance Payment at Sight LCs as a Conduit to Supply Chain Finance
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade