ISP98

It is Good to be Reminded of What You Already Know

How banks unnecessarily complicate the LC process and why a simple standby LC often is the optimal trade risk solution for trade partners.

IIBLP Response to June 2021 ISP98 Query from ICC

Identifying and Overcoming the Risks of Applying UCP to Murabaha LCs

ISP98 Interpretation 3: Does Standby also Include Confirmation

In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the

ISP98 Interpretation 2: PRC Independent Guarantee Provisions and ISP98

In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the

ISP98 Interpretation 1: Application to Independent Guarantees

In order to ensure that the ISP98 remain current with standards in international standby and guarantee law and practice, the