DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
Demand Guarantees
38 articles
(Page 4)
DCW Articles
Standby Letters of Credit with “Pay and Walk” Clauses: How They Work and What to Watch for
Certain banks issuing standby letters of credit subject to ISP98 (or demand guarantees subject to URDG758) have been including “Pay
DCW Articles
Potential Issues with Demand Guarantees – Lessons for Bankers from a Singapore Case
A Singapore court case highlights critical pitfalls in handling demand guarantees. This article unpacks lessons for bankers on documentation, fraud risk, counter-guarantees, and navigating complex cross-border disputes.
