DCW Monthly: March 2026
This month’s content highlights a familiar reality in letter of credit law & practice: structure alone does not guarantee
Delayed Documents
4 articles
Expiry date
Documents Delayed, Beneficiary Learns Hard Way Article 35 Does Not Apply
UCP600 interpretation challenges arise as banks often misconstrue article purposes. Beneficiaries risk losing payment guarantees due to misinterpretation during credit-complying presentations
DCW Articles
2022 ICC Banking Commission Technical Meeting: Executive Summary
19-20 October 2022 The ICC Banking Commission held its 2022 Technical Meeting as a hybrid event in-person in Paris and
DCW Updates
ICC Draft Opinion for October 2022 Meeting Released
One Draft Opinion will be discussed at the ICC Banking Commission’s next quarterly meeting in October 2022. The Draft
DCW Updates
Documents Stalled en Route to China
Global trade bankers in the US are reporting that certain documents and packages sent to destinations in the People’s