DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
3 min read
Read next
DCW Articles
The Case against UCP 600 Revision and for Education
Following the majority vote against UCP revision by ICC National Committees, Dave Meynell offers evidence suggesting education and guidance is the prudent way forward.
DCW Updates
Diverse Views Define UCP Revision Voting
There will be no revision of the UCP 600 rules undertaken by the ICC Banking Commission at this time. Additionally,
IIBLP Books
UCP600 Article 36: Force Majeure
An authoritative analytical commentary on UCP 600 Article 36, clarifying the legal and practical implications of force majeure in documentary
DCW Updates
Matar Begins New Chapter as Consultancy Director
Following 13 years at Alinma Bank in Riyadh, Saudi Arabia, Khalil Matar left the bank to join SACB Management Solutions