ICC Banking Commission

ISP98: Standby Rules Well-suited for Technological Advancements Then and Now
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.

Electronic Presentation of Documents? It’s Already Happening
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...

2023 ICC Banking Commission Technical Meeting 24-25 October 2023: Executive Summary
Summary takeaways from the ICC Banking Commission Technical Meeting
MLETR Capacity Building
Asian Development Bank and partners organized an event in Beijing advocating for MLETR adoption in China, addressing challenges posed by fragmented legislation, and highlighting rapid growth in electronic transactions.
ICC Banking Commission Expands Technical Advisory Team
Following revision of its Terms of Reference for handling the technical side of its work, the ICC Banking Commission announced the confirmation of Ms. Farideh Tazhibi of ICC Iran and Mr. Jin Saibo of ICC China as Technical Advisors.
ICC & Swift Release API Standards for Guarantees & Standbys
The ICC announced on 13 August 2023 release of the first application programming interface (API) industry standards for bank guarantees
ICC Meeting Announces & Reflects on Frustrating, Disappointing Results
At its third quarterly meeting of the year conducted virtually on 11 July 2023, the ICC Banking Commission reported on
ICC Issues Briefing on Invoice Titles
Citing frequent instances expressed on social media and otherwise where the types of invoices acceptable or not under UCP-issued documentary