DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
DCW Articles
Price Verification: Doing More While Preserving the Independence Principle
For LC bankers to meet the challenge of price verification while upholding the independence principle, there's no substitute for exemplary knowledge of customers and their businesses.
4 min read
The verification of pricing on trade documents and related payments handled by banks has become an important component of trade finance processing. These documents contain detailed information not only of pricing but of what is being shipped, destinations, parties, and a great deal more. This information can be of value to law enforcement in the identification of drug dealers, money launderers, arms dealers, fraudsters, terrorists, and others engaged in criminal activity.
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DCW Updates
Amid Conflict, ICC Urges Application of Practice Rules as Usual
Although the ongoing Middle East conflict continues to impact international commerce in various ways, the ICC has issued a statement
DCW Updates
Assessing Where eBL Adoption Stands & How to Advance It
Through real-time feedback from hundreds of industry specialists, a recent webinar conducted by Enigio attempted to capture prevailing attitudes and
DCW Updates
OFAC Issues Advisory on Sham Transactions & Sanctions Evasion
On 31 March 2026, US Treasury’s Office of Foreign Assets Control (OFAC) issued an advisory to alert of sham
DCW Updates
Pakistan Adjusts SBLC Issuance Instructions
Citing ongoing geopolitical conditions and heightened need to facilitate oil and gas imports, Pakistan’s central bank amended its instructions