US UCC Article 5’s Non-Variable Provisions
How UCC Article 5 governs letters of credit in the US, its non-variable provisions, and the legal nuances that affect issuers and beneficiaries.
Favorable power costs and relatively low land prices are two factors that have attracted cryptocurrency miners to the US state
The Trade Finance community has lost not only a great expert, but also a warm personality. Hugo Verschoren started his
Following a career of more than 50 years as a lawyer, including more than three decades concentrating on letters of
Very few banks will now issue an LC using the SWIFT MT799 format as most banks, especially in Europe, will
In a recent discussion, standby specialists took up the matter of a US issuer of a non-transferable standby being presented
Three Draft Opinions will be addressed at the next session of ICC Banking Commission’s quarterly discussion of Opinions on
The ICC Banking Commission addresses the subject of “Modifications and Exclusions under Documentary Credits subject to UCP 600” in Technical
Citing media misinformation intended to create uncertainty in the oil and gas market, the State Bank of Pakistan (SBP) issued
The Bureau of Industry and Security (BIS), a division within the US Department of Commerce, announced it is updating its
19-20 October 2022 The ICC Banking Commission held its 2022 Technical Meeting as a hybrid event in-person in Paris and
What can you, as a US bank, do when a customer tells you that they need you to issue a
Sign up to receive occasional DCW emails highlighting content