DCW Monthly: October 2026
This month’s content follows a standby LC past issuance and asks a practical question: once the instrument is out
DCW Updates
480 articles
(Page 33)
DCW Updates
Does Air Waybill Satisfy “Any Airport in China” LC Requirement?
In a recent discussion, US west coast bankers considered a Commercial Export LC indicating in SWIFT Field 44F: “Port of
DCW Updates
FATF Releases Latest Listing of Jurisdictions Under Increased Monitoring
In its June 2022 list of jurisdictions under increased monitoring, the Financial Action Task Force (FATF) identified 23 jurisdictions with
DCW Updates
ICC Briefing Addresses Topic of Reducing Discrepancy Rates
In the latest of its ongoing series of technical advisory briefings released on 27 June 2022, the ICC Banking Commission addressed the subject of “Reducing Discrepancy Rates under Documentary Credits” (TAB-3)
DCW Updates
On Board Dates and Issuance Dates
Another scenario discussed in the meeting of US west coast bankers centered around a commercial LC requiring under 46A: 1.
DCW Updates
India Imposes Additional Measures to Detect Improper LC Documents
In a move to curb use of ante-dated LC documentation to circumvent Indian law banning wheat exports, India’s
DCW Updates
Pakistan: Additional Support for Oil LCs
Prime Minister Shehbaz Sharif has promised that the Pakistani government will intervene on behalf of oil refineries facing potential shutdown
DCW Updates
Attacking LC Fraud a Top Goal for India’s Blockchain-Based Project
Stung by the massive letter of credit scandal committed against Punjab National Bank (Feb 2018 DCW 44), India’s central
DCW Updates
Bangladesh and Vessel / Container Tracking
Bangladesh Bank’s Foreign Exchange Policy Department (FEPD) issued FE Circular No. 09 (17 May 2022) to its Authorized Dealer
DCW Updates
MonetaGo to Engineer Singapore’s Trade Finance Registry
The Trade Finance Registry (TFR), an initiative undertaken by the Association of Banks in Singapore (ABS) to combat duplicate financing
DCW Updates
Singapore to Require Additional Safeguards to Stop Digital Banking Scams
To further safeguard customers from digital banking scams, the Monetary Authority of Singapore (MAS) and the Association of Banks in
DCW Updates
Report: Russia Seeks Reversion to Paper LCs with India
As an alternative to use of SWIFT for the sending of letters of credit, the Bank of Russia and Reserve
DCW Updates
Bangladesh MCCI: Control Importing of Goods
Citing inflation as a major challenge in the coming months, Bangladesh’s Metropolitan Chamber of Commerce and Industry (MCCI) recommended