July 2026
DCW Monthly: July 2026
Courts have been circling the same idea since 1765: the bank pays unless there is fraud. What they have never
UCP600
36 articles
(Page 2)
2012 LC Trends Revisited
What to Watch For: Six Trends in Letter of Credit Practice (2012)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
DCW Feature
International Standby Practices ISP98 – 25 Years
Explore ISP98's evolution and global impact on standby LCs - 25 years on. Discover its unique features, comparisons with UCP 600 & URDG 758, and the challenges users face.
DCW Updates
ICC Briefing Takes Up Handling of Certificates under UCP600
Prompted by the perceived lack of general awareness of ISBP 821 provisions for handling certificates, the ICC Banking Commission addressed “Handling of Certificates under Documentary Credits subject to the UCP 600” in Technical Advisory Briefing No. 8 (TAB-8).
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 Information Digest
UCP 600 Revision Talk Resurfaces
Dave Meynell and Gary Collyer identify elements from the ISBP 821 drafting process that could potentially form the basis of a revision to UCP600.
DCW Feature
Application of US Uniform Commercial Code Article 5 in International Letter of Credit Transactions
A look into application of US UCC Article 5 for letter of credits outside of the United States
