DCW Feature

Modifications and Exclusions of URDG758 Articles in Demand Guarantees

The provisions of URDG can be modified, overridden, or excluded by inserting suitable replacement wording in the text of the guarantee.

Judicial Remedies for Guarantee Fraud and Abusive Demands on Independent Guarantees Under PRC Law

In-depth look into use of independent guarantees in China's international trade, addressing risks like fraudulent calls and abuses.

2022 ICC BC Annual Meeting: Keynote Address by Jun XU

Jun XU, Vice Chair of the ICC Banking Commission Steering Committee, delivered the Keynote Address at the 2022 ICC Banking Commission Annual Meeting on 21 April.

2022 ICC Banking Commission Annual Meeting: Executive Summary

DCW's executive summary of the 2022 ICC Banking Commission Annual Meeting reports on ICC Opinions, Swift messaging, the trade finance gap, sustainable trade finance and more.

Crédit Agricole Corp. & Inv. Bank, Singapore Branch v. PPT Energy Trading Co. [2022]

In a crude oil transaction, a bank issuing an LC accused the buyer of fraud, leading to dishonor of the LC; however, the court ruled in favor of the seller...

Originality of Paper and Electronic Documents (Part 1)

Pavel Andrle's exploration of the originality of paper and electronic documents - Part 1 of a three part series.

Modifications and Exclusions of UCP600 Articles in Commercial Letters of Credit

Practical advice for modifying and excluding UCP600 articles in commercial letters of credit.

Use of Digital Signatures Due to Coronavirus