This month we’re exploring where traditional instruments meet modern LC practice, focusing especially on the complications surrounding drafts and
For the 7th year, the Institute of International Banking Law & Practice conducted its one-day Americas Trade Finance Compliance Annual Meeting. This summary provides an overview of topics discussed at the conference hosted by S&P Global on 2 April 2025 in New York and conducted as a hybrid event.
The ICC has neither accepted the draft as a standard requirement, nor have they been successful in casting it out from LC practice. This article is an attempt to resolve the confusion and place bills of exchange laws and the UCP in their proper perspectives.
After months of depleting US dollar reserves and denial of importers’ LCs amid the country’s dire foreign currency crisis, some Sri Lankan banks have managed to honour LCs.
SRI LANKA: After months of depleting US dollar reserves and denial of importers’ LCs amid the country’s dire foreign currency crisis, some Sri Lankan banks have managed to honour LCs.
The situation remains severe with foreign banks refusing to confirm LCs issued by Sri Lankan state banks and the country unable to open LCs to import fuel with oil suppliers also rejecting them.
This month we’re exploring where traditional instruments meet modern LC practice, focusing especially on the complications surrounding drafts and
On 20 April 2025, Bangladesh Bank’s Foreign Exchange Policy Department issued FE Circular Letter No. 14, “Remittance against import
The ongoing effort to revise ISBP 821 (2023) has now reached an advanced stage with an updated Draft 3 revision
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, is under investigation by the US Department of
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial
