UCP600 Article 8

Latest TABs Address Confirmation, Procedure for Payment under UCP600

In the latest rollout of its Technical Advisory Briefings (TABs), the ICC Banking Commission has issued TAB No. 13, “Confirmation

Celestial Aviation Services Ltd. v. UniCredit Bank GmbH, London Branch [2024]

English Court of Appeal (Civil Division) reversed trial judgments in favour of standby beneficiaries.

Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A. [2023]

💡Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A. [2023] [2023] SGCA 28 [Singapore] Type of Lawsuit: Beneficiary appealed

Kuvera Resources Pte Ltd. v. JPMorgan Chase Bank, N.A. [2022]

ICC Draft Opinion for July 2022 Meeting Released

One Draft Opinion will be discussed at the ICC Banking Commission’s next quarterly virtual meeting in July 2022. The

Back to the Basics: Honour, Negotiation, and Reimbursement of Letters of Credit

Honour, negotiation, and reimbursement – individually and collectively – are perhaps some of the least understood (or most misunderstood) terms in letter