DCW Monthly: May 2026
It's been just under two months since the ICC Banking Commission voted against revising UCP 600, but the
DCW Scam Survey
Texas Man Sentenced for Fraud Involving Standby LC
Russell Hearld of Sugar Land, Texas, has been sentenced for wire fraud related to a scam involving a standby letter of credit.
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DCW Updates
Pakistan Adjusts SBLC Issuance Instructions
Citing ongoing geopolitical conditions and heightened need to facilitate oil and gas imports, Pakistan’s central bank amended its instructions
DCW Updates
SWIFT Message Reference Guide Cited in NY Case
A recent decision issued by a New York court demonstrates the importance of proper understanding and use of the SWIFT
DCW Updates
UK Supreme Court Decides for UniCredit in Sanctions Case
The United Kingdom’s Supreme Court decision in UniCredit Bank GmbH v. Celestial Aviation Services Ltd.[[1]] was issued 25
DCW Articles
Letters of Credit
In the latest installment of this annual survey article series, Carter Klein examines the most significant letter of credit issues emerging from cases decided in 2024.
