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.
Bangladesh Bank’s Foreign Exchange Policy Department (FEPD) issued FE Circular No. 09 (17 May 2022) to its Authorized Dealer
Citing inflation as a major challenge in the coming months, Bangladesh’s Metropolitan Chamber of Commerce and Industry (MCCI) recommended
According to figures released by Bangladesh Bank, the country’s central bank, settlement of import LCs jumped nearly 50% to
Bangladesh Bank plans to reduce Import LCs by increasing he margin requirements for opening the LC. See how that affected issuance numbers.
Eastern Bank Ltd. has announced its partnership with Visa Worldwide Pte. Ltd. to offer trustee services towards domestic settlement obligations
BANGLADESH: Bangladesh Bank, the central bank, issued a circular regarding banks’ duty to report required data of back-to-back LCs to
Pakistan’s Senate unanimously approved a bill in 2022 that envisages punishments for bank and financial institution executives who discriminate against politically exposed persons (PEPs).
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