DCW maintains a list of recently-decided court cases involving commercial letters of credit, demand guarantees, and other trade finance instruments.
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State Bank of Pakistan (SBP) is requiring all banks to seek prior approval before financing imports.
A circular letter issued by State Bank of Pakistan (SBP) on 20 May 2022 requires all banks under its authority to seek prior permission from SBP’s Foreign Exchange Operations Department before initiating transactions for import of certain goods through issuance/amendment of LCs, open account, collections, and other payment arrangements.
A list of specified import goods accompanies the circular and includes items such as motor cars, power generating machinery, and other machinery.
We’re pleased to share the newest edition of DCW’s premium monthly content. This month’s highlights include: * Two
In addition to treatment of two ICC Draft Opinions, highlighting the first day of the next ICC Banking Commission Meeting
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