August 2026
DCW Monthly: August 2026
Every industry eventually meets the bill for a problem it saw coming and filed away for later. Michael Byrne, IIBLP&
Usance Payable at Sight (UPAS LC)
2 articles
DCW Updates
Usance Payment at Sight LCs as a Conduit to Supply Chain Finance
Recent writing has explored the notion that usance payment at sight (UPAS) letters of credit serve as an effective trade
DCW Articles
Confirmation Concerns and Considerations Arising from Strange LC Requirements
When issuing banks insert complex reimbursement terms and self-serving conditions into their credits, it distorts the purpose of the product, causes problems for confirming banks, and drives exporters away from using LCs.
