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 37)
DCW Updates
Nigeria and Russia to Deal for Fertiliser Raw Materials
In spite of the ongoing Russia-Ukraine war, Nigeria has re-established its link with Russia for potassium and will
DCW Updates
Pakistan Banks Require Approval Prior to Financing Imports
State Bank of Pakistan (SBP) is requiring all banks to seek prior approval before financing imports.
DCW Updates
Afreximbank Reports 30% Increase in LCs in 2021
Year-end 2021 financial results released by African Export-Import Bank (Afreximbank)
DCW Updates
Nepali banks to "discourage" Import LCs following "verbal directive" from central bank
Nepali banks said they would follow a “verbal directive” from Nepal Rastra Bank (central bank) to “discourage” traders from opening
DCW Updates
Singapore Still Dealing with Hin Leong Fallout
Two years after news of the Hin Leong Trading debacle surfaced and fraud in the commodity trading sector came to light, repercussions are still being felt.
DCW Updates
Egypt Facing Higher Wheat Costs
One of the world’s largest importers of wheat, Egypt is facing substantially higher costs for the product for which
DCW Updates
Bangladesh: Partnership with Visa for Domestic Settlements
Eastern Bank Ltd. has announced its partnership with Visa Worldwide Pte. Ltd. to offer trustee services towards domestic settlement obligations
DCW Updates
Myanmar: Energy companies abandoning gas project
Energy companies TotalEnergies and Chevron are abandoning a gas project in Myanmar.
DCW Updates
India: Arbitration appeal dismissed in ARSS-SIPS v. Union of India
The High Court of Chhattisgarh, Bilaspur, has dismissed an arbitration appeal against a commercial court order, rejecting an application to enjoin payment of a performance bank guarantee.
DCW Updates
UAE Central Bank Fines Unnamed UAE Bank for Poor AML Systems
The Central Bank of the UAE (CBUAE) has assessed a AED 19.5 million (USD 5.3m) financial sanction on UAE bank for poor AML / Sanctions systems
DCW Updates
How to Determine What Constitutes a Banking Day
The definition of “Banking Day” in UCP600 Article 2 ¶ 3 requires interested and affected parties to look outside the terms of the UCP to determine what days are actually banking days.