Guarantee & Standby Forum: May 19 Non-Case Material: * Singapore Paper Shows Banks Clear Inspection, but Gaps Remain (MAS Paper -
This month, DCW unpacks the legal and practical shifts reshaping trade finance interpretation. Why are ICC Opinions becoming increasingly scarce?
When issuing banks insert complex reimbursement terms and self-serving conditions into their credits, it distorts the purpose of the product, causes problems for confirming banks, and drives exporters away from using LCs.
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