August 2026
DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
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.
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