DCW Monthly: May 2025
This month we’re exploring where traditional instruments meet modern LC practice, focusing especially on the complications surrounding drafts and
The ICC has neither accepted the draft as a standard requirement, nor have they been successful in casting it out from LC practice. This article is an attempt to resolve the confusion and place bills of exchange laws and the UCP in their proper perspectives.
In the fifth instalment of his DCW article series on major contemporary issues surrounding documentary credit practice, ICC Banking Commission Senior Technical Advisor Dave Meynell offers his thoughts on the highly-charged question: Is it time for UCP to be revised?
In an attempt ensure global understanding of the wording “read in context with” as used in UCP600 Article 14(d)
Various articles from the June 2024 edition of DCW caught the attention of ICC Banking Commission Senior Technical Advisor Dave Meynell who offers the following comments.
ISBP Revision talks heat up on on Day 1 of ICC Commission Annual Meeting on 9 April 2024
At its third quarterly meeting of the year conducted virtually on 11 July 2023, the ICC Banking Commission reported on
Following its decision to initiate a six-month review of all 140 ICC Opinions issued since formulation of ISBP745 in 2013
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