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• New ICC Draft Opinions March 2021 (Virtual)

  13/04/2021
  Five queries were received for discussion at the ICC Banking Commission meeting which was held virtually in March 2021, in the sequence TA909-910 & 912-914...

• Further DOCDEX Decisions

  07/04/2021
  DOCDEX 373 Demand for payment made under a standby credit subject to ISP98...

• More DOCDEX Decisions

  31/03/2021
  DOCDEX 371 A presentation was made under a documentary credit subject to UCP 600...

• Additional DOCDEX Decisions

  24/03/2021
  DOCDEX 369 Under a standby credit subject to UCP 600, documents were sent to the issuing bank via an incomplete address stated in the "Sender" field of the SWIFT message which led to a delay in receipt of the documents by the correct branch...

• More DOCDEX Decisions

  17/03/2021
  DOCDEX 365 The advising bank of a documentary credit subject to UCP 600 delayed the advising of an amendment, and the beneficiary took the matter to a court of law...

• More DOCDEX Decisions

  11/03/2021
  DOCDEX 362 Under a documentary credit subject to UCP 600, the documents required for claiming the final 10% were ambiguous as to whether or not an acceptance certificate and a bank guarantee or an invoice and a bank guarantee were required...

• eUCP Unravelled

  03/03/2021
  What is eUCP? The focus of the eUCP is concentrated upon the presentation of electronic records, alone or in combination with paper documents, and not to issuance of an eUCP credit...

• eUCP Processing Issues

  26/02/2021
  FORMAT eUCP article e4: An eUCP credit must indicate the format of each electronic record...

• eUCP Checklists

  17/02/2021
  When using the eUCP, each involved party should ensure they are prepared...

• eUCP UCP comparison

  10/02/2021
  In a recent blog, we provided a comparison of the version of eUCP to date...