DCW Monthly: July 2026

Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never

Chris Sandler Jul 21, 2026

DCW Updates

Reimbursing Bank in NY Not Enough for Jurisdiction, Says Court

In a recent complaint filed in New York, a Singapore trading company has asserted that a Bangladesh bank did not

DCW Newsroom Jul 20, 2026

DCW Updates

Banks are often advised by their lawyers to issue a demand guarantee with the condition that it is unassignable and

Christopher Byrnes Jul 20, 2026

1 article

DCW Updates

At year-end 2022, the Central Bank of Egypt (CBE) announced cancellation of its mandate requiring use of letters of

Christopher Byrnes Feb 16, 2023