DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
ISP98 Rule 5.01
2 articles
DCW Articles
Three Recent ICC DOCDEX Decisions Applying the ISP98 Rules
Recent ICC Doxdex decisions (Nos. 367, 373, 382) interpret ISP98 rules, aiding parties in standby LC transactions.
DCW Feature
International Standby Practices ISP98 – 25 Years
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.
