DCW Monthly: April 2026
The ICC Banking Commission decided not to revise UCP 600 or ISBP 821. The argument: the rules are fine, what&
Very few banks will now issue an LC using the SWIFT MT799 format as most banks, especially in Europe, will
A long time banker shares insights on his observations and experiences with the major upgrade to the SWIFT 760 (guarantees/standby LCs) series of message types that took effect in November 2021.