DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
European Bank for Reconstruction and Development (EBRD)
2 articles
Standby LC
Standby LCs Are Good Business – If You Know What You Are Doing!
Proposed EU Capital Requirements Regulation changes may raise credit conversion factor for standby letters of credit. Limited data suggests low default rates. Banks issue standbys for fees, and despite credit risk, many expire unused.
DCW Updates
Live from Dubai … ICC UAE Hosts Global Trade Facilitation Summit
The 2022 Global Trade Facilitation Summit, a two-day event providing opportunity for international trade, finance, and business professionals to