DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
Mercantile Bank PLC has announced successful completion in a “Proof of Concept”, demonstrating its ability to issue a “Green LC”
No country has greater reliance on letters of credit than Bangladesh so it is reasonable to surmise that reports in
According to figures released by Bangladesh Bank, the country’s central bank, settlement of import LCs jumped nearly 50% to
Bangladesh Bank plans to reduce Import LCs by increasing he margin requirements for opening the LC. See how that affected issuance numbers.
BANGLADESH: Bangladesh Bank, the central bank, issued a circular regarding banks’ duty to report required data of back-to-back
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