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
DCW Updates
462 articles
(Page 24)
DCW Updates
LC Issuances Drop to 32-Month Low in Bangladesh
Multiple factors have contributed to a continuing precipitous fall in the value of LCs opened and settled in Bangladesh. According
DCW Updates
ICIEC Reaches Credit Insurance Policy Deal with Saudi EXIM Bank
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a segment of the Islamic Development Bank (IsDB)
DCW Updates
EU Sanctions Used to Enjoin LC
Lummus Technology Heat Transfer B.V. v. Credit Agricole Corporate Investment Bank involves a EUR 5.1 million (USD 6.
DCW Updates
Letters of Indemnity: Who’s Really Protected?
Recent court cases in Singapore have shone a spotlight on the serious perils of relying on a letter of indemnity (LOI) in lieu of presentation of shipping documents.
DCW Updates
Singapore’s eGuarantees Bring Efficiencies to Process
The Singaporean government launched eGuarantee@Gov, a simple and secure digital process whereby businesses and individuals can provide Electronic Bank Guarantees to Singapore Government agencies.
DCW Updates
Energy LEAP Drafts Standby LC Wording for Oil Industry
Energy LEAP, a not-for-profit organisation in which member companies across the oil trading industry work to define standards
DCW Updates
Dubai Hosts Global Trade Facilitation Summit 2023
The 2nd Global Trade Facilitation Summit (GTFS2023), themed “Trade Transformation and Technology”, took place at Dubai Chambers, Dubai, UAE, 13-17 March 2023.
DCW Updates
Standard Chartered’s Sustainable Export LC Programme Takes Root
In August 2022, Standard Chartered announced successful execution of its first Green Trade Export Letter of Credit (LC) programme. The
DCW Updates
In a Word, Absurd
Seeking monetary damages of “$800.00 billion dollars” plus “$300 billion cash down payment for 20 years guarantee on 705
DCW Updates
LC Implications from the Fallout of the SVB, Signature Bank Failures
The abrupt mid-March 2023 closures of Silicon Valley Bank (SVB) and Signature Bank sent shockwaves through the US banking
DCW Updates
Pakistan Prioritizes LCs for Tea
In advance of Ramadan 2023, the Pakistan government listed tea as an essential commodity in order to meet high domestic demand for tea, and the government ordered State Bank of Pakistan to issue mandatory instructions for banks to open letters of credit for tea, declaring tea a ‘primary import’.
DCW Updates
Boxing Day in Dubai
An easy read summary of a conversation between industry heavyweights Robert Parson and Vin O'Brien on practical and legal aspects of bills of lading.
