ISP98

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.

Analysis and Insights on ISP98 Rule 3.07

ISP98 Rule 3.07: Separateness of Each Presentation

Trend 3: Continuing Trouble with Demand Guarantees

Trend 4: Shift to Commercial Standbys

What to Watch For: Six Trends in Letter of Credit Practice (2012)

Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.

How Translation of ISP98 Transformed Standby LC Practice in Japan

The transition from UCP to ISP that revolutionized trade in Japan.

ISP98 Charts a Different Path to Successful Practice Rules

From Concept to Adoption: the genesis and global impact of ISP98 in international banking law & practice.

ISP98: Standby Rules Well-suited for Technological Advancements Then and Now

Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.

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.

Analysis and Insights on ISP98 Rule 1.02

ISP98 Rule 1.02: Relationship to Law and Other Rules