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• Back to Basics – Bank Guarantees – URDG 758

  18/05/2022
  June 1978: URCG (Uniform Rules for Contract Guarantees), ICC Publication No...

• ICC Banking Commission Final Opinions April 2022

  25/04/2022
  TA...

• Back to Basics – Bank Guarantees

  21/04/2022
  In principle, guarantees can be issued by any one of a number of entities...

• Back to Basics – ISBP 745 Key Principles

  13/04/2022
  UCP 600 article 14, as indicated by its title, provides some basic rules in respect of the examination of documents...

• Back to Basics – Documentary Credits UCP 600

  30/03/2022
  The Uniform Customs and Practice (UCP) for Documentary Credits were introduced by the International Chamber of Commerce (ICC) in 1933 with UCP 82, in order to alleviate the disparity between national rules on documentary credit practice...

• Back to Basics – Documentary Collections – Considerations and Risks

  23/03/2022
  Requires a certain trust in the importer i...

• Back to Basics – Documentary Collections – Responsibilities

  16/03/2022
  Remitting Bank Ensure workable and concise instructions have been received from the exporter...

• Back to Basics – Documentary Collections – URC 522

  02/03/2022
  The Uniform Rules for Collections (URC) were originally introduced in January 1979, under ICC Publication No...

• Back to Basics – Documentary Collection Types

  23/02/2022
  A collection can be defined as - "The delivery of a draft, promissory note or cheque and/or documents by a bank to a third party (i...

• Back to Basics – Documentary Credit – Document Preparation

  16/02/2022
  A beneficiary may issue any document except where:  (a) the rules state otherwise;  (b) the documentary credit specifies the name of another issuer; or  (c) the documentary credit refers to the type of issuer as an independent, competent, qualified or local company, etc...