DCW Monthly: June 2025
This month we’re digging into the legal, operational, and regulatory tensions at the core of LC and guarantee practice.
Citing frequent instances expressed on social media and otherwise where the types of invoices acceptable or not under UCP-issued documentary
-- needs image of Marine Certificate of Insurance, p. 46 of May 2023 DCW
The ICC Banking Commission held its 2023 Annual Meeting on 18-19 April 2023 via Zoom, and the DCW Executive Summary follows.
Following its decision to initiate a six-month review of all 140 ICC Opinions issued since formulation of ISBP745 in 2013
The position of a banker in the trade finance environment includes trying to reconcile opposite demands of a buyer and a seller.
Conflicting interpretations persist over whether insurance documents issued on the actual flight date—but after a transport document’s issuance—are discrepant. This article examines the implications under ISBP 745, UCP600, and CIP Incoterms® 2020, and explains how to avoid costly risk gaps.
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