DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
Following the majority vote against UCP revision by ICC National Committees, Dave Meynell offers evidence suggesting education and guidance is the prudent way forward.
Although ICC has opted not to pursue UCP revision at this time, trade finance consultant Miguel Bustamante explains why he believes both revision and education are needed and are not mutually exclusive.
Non-documentary conditions and the General Rule against them can be prone to unhelpful misconceptions, potentially resulting in problems.
In an attempt ensure global understanding of the wording “read in context with” as used in UCP600 Article 14(d)
Prompted by the perceived lack of general awareness of ISBP 821 provisions for handling certificates, the ICC Banking Commission addressed “Handling of Certificates under Documentary Credits subject to the UCP 600” in Technical Advisory Briefing No. 8 (TAB-8).
Summary takeaways from the ICC Banking Commission Technical Meeting, 24-25 October 2023.
At its third quarterly meeting of the year conducted virtually on 11 July 2023, the ICC Banking Commission reported on
Citing frequent instances expressed on social media and otherwise where the types of invoices acceptable or not under UCP-issued
The next ICC Opinions session will take place on 18 April 2023 in a purely virtual setting, followed by a
In the latest of its ongoing educational series, the ICC Banking Commission addresses the subject of “Documents presented by a
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