Recently Decided Cases
DCW maintains a list of recently-decided court cases involving commercial letters of credit, standby LCs, demand guarantees, and other trade
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
Summary takeaways from the ICC Banking Commission Technical Meeting
Asian Development Bank and partners organized an event in Beijing advocating for MLETR adoption in China, addressing challenges posed by fragmented legislation, and highlighting rapid growth in electronic transactions.
Following revision of its Terms of Reference for handling the technical side of its work, the ICC Banking Commission announced the confirmation of Ms. Farideh Tazhibi of ICC Iran and Mr. Jin Saibo of ICC China as Technical Advisors.
The ICC announced on 13 August 2023 release of the first application programming interface (API) industry standards for bank guarantees
At its third quarterly meeting of the year conducted virtually on 11 July 2023, the ICC Banking Commission reported on
Citing frequent instances expressed on social media and otherwise where the types of invoices acceptable or not under UCP-issued documentary
error in initial date in DCW PDF but fixed here.
On 5 June 2023, the ICC Banking Commission released the findings and proposals of its working group concerning API Industry
The ICC Banking Commission has announced its intention to compile an eUCP Directory in order to bring attention to banks’ capacities to handle eUCP letters of credit.
ICC republished four guidance papers on recommended principles and usages around the UCP600 rules in February 2023. The collection of
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