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  • ICC Opinions April 2018
    19/04/2018
    TA879rev A credit was issued available with the nominated bank whilst also stating that the issuing bank would remit proceeds upon receipt of credit conforming documents...
  • Big Data – benefits for Trade Finance
    17/04/2018
    Some of the below has been extracted from an article written by David Meynell for the Deutsche Bank flow news portal...
  • What is FinTech?
    28/03/2018
    It seems hardly possible these days to read an article about Trade Finance without references to FinTech...
  • Spare Parts – ICC Opinion TA860
    21/03/2018
    The goods description was "Commodity: Steering Gear Poseidon 900-35"...
  • Contract Number – ICC Opinion TA853rev
    16/03/2018
    A credit required that all documents show the contract number and date...
  • Photocopy Documents – ICC Opinion TA843rev
    13/03/2018
    A bank reported that a number of refusal notices had been issued citing a photocopy of a document had been presented instead of an original...
  • Further thoughts on a UCP revision
    08/03/2018
    We have often commented on this key subject...
  • Developing e-compliance in ICC rules – BPO
    07/03/2018
    In a recent blog, we provided an update on the activity of the ICC e-compatibility sub-working group...
  • Language of Documents
    02/03/2018
    A documentary credit included the condition: "ALL DOCUMENTS MUST BE PRESENTED IN ENGLISH, IF ANY DOCUMENT PRESENTED IS NOT IN ENGLISH WE SHALL FORWARD THE PRESENTATION TO ISSUING BANK ON APPROVAL BASIS...
  • Conflict of Documents – ICC Opinion R728 (TA685rev)
    27/02/2018
    The question raised was whether a Health Certificate was required to contain the grade of the goods (as mentioned in the goods description in the credit) and whether the absence of this data on that document would create a conflict with the data shown on other documents (which included reference to the grade)...