DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
ICC Opinions
16 articles
(Page 2)
Demand Guarantees
What Are We Supposed to Do? A Practical Approach to Sanctions Clauses
The position of a banker in the trade finance environment includes trying to reconcile opposite demands of a buyer and a seller.
DCW Updates
Latest ICC Draft Opinions Released for April 2022 Meeting
The ICC Banking Commission has released three Draft Opinions that will be discussed at its next opinion review session that
DCW Updates
ICC Technical Advisory Briefing No. 1 (TAB-1) - on Non-Documentary Conditions
The ICC Banking Commission released its “Technical Advisory Briefing No. 1” on the topic of Non-Documentary conditions in Documentary Credits subject to UCP 600.
DCW Conference Report
October 2021 ICC Banking Commission Technical Meeting: Executive Summary
The ICC Banking Commission held its 2021 Technical Meeting in a virtual setting conducted via the Zoom online platform on 6-7 October.