October 2025
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
4 min read
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade finance vehicle for contemporary times in certain markets, bridging the old world of LCs and the new world of supply chain finance. Here, DCW highlights key findings from the article and presents additional perspective.
Read next
October 2025
DCW Monthly: January 2026
We start 2026 with a focus on how courts, technology, and compliance realities are testing frameworks that were largely built
DCW Articles
Documentary Collections - A Different Look to Confront Misuse and Money Laundering
Banks that handle collections must not neglect the product and have proper controls in place to deal with the risks.
DCW Updates
China Adopts MLETR Principles for Bills of Lading
The Maritime Code of the People's Republic of China was revised and adopted by the 18th Session of
DCW Updates
Selling LCs Short … and Wrong
Misrepresentation of how letters of credit are used has sadly plagued the industry for decades. We are all too familiar