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.
Regarding possible revision of ICC Rules and/or Practices, the ICC Banking Commission announced on 12 July 2022 that the
In the latest of its ongoing series of technical advisory briefings released on 27 June 2022, the ICC Banking Commission addressed the subject of “Reducing Discrepancy Rates under Documentary Credits” (TAB-3)
One Draft Opinion will be discussed at the ICC Banking Commission’s next quarterly virtual meeting in July 2022. The
Perceiving a need among the letter of credit community for guidance on interpretation of the phrase “without delay” regarding the
DCW executive summary of ICC Banking Commission annual meeting covering ICC Opinions, Swift messaging, the trade finance gap, sustainable trade finance and more.
Keynote address by Jun XU to the 2022 ICC Banking Commission Annual Meeting
The position of a banker in the trade finance environment includes trying to reconcile opposite demands of a buyer and a seller.
The ICC Banking Commission has released three Draft Opinions that will be discussed at its next opinion review session that
The ICC Banking Commission released its “Technical Advisory Briefing No. 1” on the topic of Non-Documentary conditions in Documentary Credits subject to UCP 600.
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