DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
LC Fees
2 articles
DCW Updates
Inflation Causing Captive Insurers to Re-Think LC Use
Inflationary pressures and resulting interest rate hikes are forcing captive insurers that have relied on letters of credit as a
DCW Articles
13 common Letter of Credit and Bill of Lading frauds: Revisiting the Solo Industries & Saad Group Trade Finance Frauds
Those who forget the lessons of history are condemned to repeat them. Trade finance frauds are no exception. Lessons from Solo Industries, Credit Agricole v. PPT, and practical advice for trade financiers.
