Blog

Latest Articles

• Improving efficiency with simple Documentary Credit formats

  20/02/2025
  Also published at https://www...

• ISBP Education Project Update

  12/02/2025
  Many of the project's proposals have been endorsed, and a number of excellent suggestions and recommendations have been received from ICC National Committees...

• ISBP Revision Next Steps

  05/02/2025
  Significant feedback was received on each of the potential revision issues...

• ICC Draft Opinions February 2025

  29/01/2025
  For discussion and approval at the ICC Banking Commission meeting on 17 February 2025...

• Strict Compliance

  22/01/2025
  A number of references to strict compliance have reappeared recently, which leads me to ponder whether some practitioners still believe this to be market practice...

• Discrepancy rates under UCP 600

  23/12/2024
  In documentary credit operations, the advising of discrepancies in documents is probably the most contentious issue that a bank will face with its clients or another bank...

• AI and Trade Finance

  04/12/2024
  Trade finance, a cornerstone of international trade, has long been plagued by inefficiencies stemming from manual, paper-intensive processes...

• Fraud and Documentary Credits

  27/11/2024
  Documentary credits, also known as letters of credit, have long been considered the lifeblood of international trade...

• ICC Final Opinions November 2024

  21/11/2024
  TA...

• Amara’s Law and Digital Trade Finance

  19/11/2024
  In the rapidly evolving landscape of global trade and finance, Amara's Law provides a compelling framework for understanding the trajectory of technological innovation and its impact on industry practices...