Excerpted from the DCW Executive Summary of the 2025 ICC Banking Commission Meeting ICC Draft Opinion TA949 Dealing with a
When businesspeople engage in mutual business dealings and loans to each other under multiple corporate entities they operate but their
The High Court in Kampala (Uganda) upheld an appellate court decision on 25 July 2025 that Equity Bank lawfully sold
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
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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