DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
Price Checking
6 articles
DCW Articles
Price Verification: Doing More While Preserving the Independence Principle
For LC bankers to meet the challenge of price verification while upholding the independence principle, there's no substitute for exemplary knowledge of customers and their businesses.
DCW Articles
The Range of Approaches to Price Verification in Trade Finance
The views expressed by the authors in this publication do not represent their employers, any entity, government, or agency. Any
DCW Updates
Singapore Paper Shows Banks Clear Inspection, but Gaps Remain
Four years after the Association of Banks in Singapore (ABS) roll out of a “Code of Best Practices – Commodity Financing”
DCW Conference Report
2023 ICC Banking Commission Technical Meeting: Executive Summary
Summary takeaways from the ICC Banking Commission Technical Meeting, 24-25 October 2023.
DCW Updates
Price Checking Goods: Overrated & Underwhelming
For years, compliance specialists within banks have been skeptical that the price checking of traded goods is an effective measure
DCW Conference Report
2023 ICC Banking Commission Annual Meeting: Executive Summary
The ICC Banking Commission held its 2023 Annual Meeting as a virtual event conducted via the Zoom online platform. An ICC Official Opinion session attracting more than 200 participants took place on 18 April, followed by a Plenary session on 19 April.