DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
For the 24th consecutive year, the Institute of International Banking Law & Practice conducted its one-day Americas Letter of Credit Law Summit.
Local Guarantor petitioned for rehearing from the Supreme People’s Court of order for Counter Guarantor to terminate payment to Local Guarantor for having committed guarantee fraud and not acting in “good faith”.
David Meynell and Gary Collyer offer a preview of what the ISBP 821 revision process might look like, including fixing gaps and additional digitalisation enhancements.
The silent confirmation market is still active and prevalent for LCs in Asian countries as silent confirmation is one of the means for a beneficiary to mitigate issuing bank and country risk when it does not want other banks to confirm its credit.
Creditworthiness and reliability are foundational to letters of credit. By substituting the creditworthiness of the issuing bank for that of
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
Summary takeaways from the ICC Banking Commission Technical Meeting, 24-25 October 2023.
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