Corporate Clients

Why choose Collyer Consulting Global Ltd?

Gary Collyer has over 40 years of experience in handling trade finance transactions, including documentary credits, guarantees and collections. His role as Technical Adviser, and Senior Technical Adviser, to the International Chamber of Commerce (ICC) Banking Commission has made him a focal point for the receipt of all up-to-date information and changes in industry practices. In addition, he was the chair of the Drafting Group responsible for the drafting of UCP 600 and can provide the "inside track" on how the rules should be used and applied by banks and companies alike. He was chair of the Drafting Groups for the development of the URBPO (rules for Bank Payment Obligations) and the revision of ISBP (publication 745), that were both approved in April 2013. More recently, he was co-chair of the Drafting Groups for the revision of eUCP and the development of eURC. Both eUCP version 2.0 and eURC version 1.0 were implemented on 1 July 2019. He is currently an adviser to the Drafting Group for the development of the Uniform Rules for Digital Trade Transactions (URDTT).

Gary remains at the forefront of what is happening on the trade finance world.

Training

Training can be completed remotely or on-site and tailored to the specific needs of the requesting institution. The sessions can vary from a half day to one day or more, depending on individual requirements. A full back up service is provided once the training is finished, for any final questions that arise once the training is concluded. Webinars can also be developed on a general or bespoke basis.

Documentation:

Simple intuitive guides to walk your staff through a transaction from start to finish. What to look for? What to do if there is a problem? How to prepare documents for presentation under a documentary credit? What should I know in the UCP?

Regular updates on documentary credit, collection, guarantee and other trade finance products.

Consultancy:

General consultancy services tailored to your needs and requirements including, but not limited to, expert witness documentation in the event of actual or planned legal action under a specific transaction(s).

A facility allowing direct access for up to 10 individuals of your institution (more, if need be, can be catered for) to have direct email access in the event of issues that require an immediate response or assistance for further handling of a transaction. 90% of questions responded to within 24 hours, the remainder within 48/72 hours.

Annual consultancy contracts are not as expensive as you may think! 

Documentary Credit review:

One of the most important aspects of handling documentary credits is the review of the credit itself (and any subsequent amendments) to highlight any anomalies or areas where there may be possible contention or opportunity for differing interpretation. We can provide a full service to review a scanned version of each documentary credit (and any subsequent amendments). We will send a simple report back to you indicating issues such as non-documentary conditions that may be ignored; conditions for which special or particular wording will be required to appear on your documents; and areas where the wording or conditions may benefit from an amendment.

A review can also be made against any contract or proforma invoice upon which the documentary credit has been (or will be) established.

Examination of documents:

The global rate for discrepant documents on first presentations is currently quoted to be in excess of 60%. Whilst the vast majority of these transactions are ultimately accepted and paid, there are still losses for companies in terms of additional man hours spent resolving the problems; costs in obtaining replacement or corrected documents to resolve the discrepancies; additional bank fees in respect of discrepancy charges; and loss of interest due to delay in receiving payment. We can offer a service whereby we will provide a full review of those documents prior to presentation to the bank. Some discrepancies may not be capable of being corrected i.e., shipment effected after the latest shipment date etc. but we can, through our review, help alleviate the discrepancies that are in your control. Examination of documents will be subject to a satisfactory review of your requirements and the completion of a signed agreement between the Company and Collyer Consulting Global Ltd.

Pricing:

Pricing will vary upon the degree and type of service(s) requested. Further details can be obtained by contacting us at one of the methods shown on the contacts page. 

Recent News

Collyer Consulting Trade Finance Masterclass to return to Dubai in 2026 18/09/2025

The widely acclaimed MasterClass event (a two-day event) will return to Dubai in 2026...more

ICC Trade Advisory Briefing list updated 28/08/2025

The list of ICC Trade Advisory Briefing notes has been updated with numbers 13 and 14...more

Latest Question

Bill of lading is signed by the agent as agent on behalf of the carrier and showing the carrier as AKK. The carrier is identified as only AKK (the carrier: AKK) and it is not clear whether it is the title of the carrier or just an abbreviation. Besides, there is no information on the bill of lading regarding the full name of the the carrier. So, we are unable to identify who is the carrier. Attaching our advice of refusal and the response from the advising bank below. Is showing only letters as carrier (which is unknown not like MSC or any other known shipping company) on bill of lading sufficient to accept it as compliant in terms of the signing the document? OUTGOING SWIFT MESSAGES (SENT) ACK WAS RECEIVED :77J: DISCREPANCIES +CARRIER IS NOT IDENTIFIED ON B/L. 'AKK' IS AN INCOMPREHENSIBLE INFORMATION ABOUT CARRIER ON ITS FACE OF THE DOC :77B: REGULATORY REPORTING /NOTIFY/ INCOMING SWIFT MESSAGES (APPROVED) SWIFT AUTH. CORRECT :79: NARRATIVE RE YR MT734 DD250916 FOR USD60021.86 UNDER YR LC NO.12345 WITH OUR REF 56789 . PLS BE ADVISED WE DO NOT AGREE WITH YR ALLEGATION OF DISCREPANCY IN A/M MESSAGE DUE TO THE FACT THAT THE CARRIER AS AKK IS IDENTIFIED ON B/L AND AKK IS AN OBVIOUS INFORMATION ON ITS FACE OF THE DOC.EVEN IF WE ALSO HAVE NO IDEA OF WHICH SHIPPING COMPANY IT STANDS FOR. . WITHIN THE FIELD AT THE BOTTOM RIGHT CORNER OF THE B/L,THERE IS NO EXTRA INFORMATION.THERE WOULD BE NO DIFFICULTIES FOR YR GOOD BANK TO EASILY INDENTIFY AKK AS CARRIER,WHILE MRF INTERNATIONAL FORWARDING CO.,LTD AS ITS AGENT.MOREOVER,THE IDENTITY OF CARRIER CANNOT BE DENIED SIMPLY BECAUSE ITS NAME IS PLACED ON THE SECOND LINE. THE FORM OF THE SIGNATURE COMPLIES WITH THE REQUIREMENT OF UCP600 SUB-ARTICLE 20(A)(I). . THEREFORE THERE SHOULD NOT BE ANY DISCREPANCIES UNDER THIS COMPLIANT PRESENTATION.ACCORDING TO ARTICLE 16F OF UCP600,YOU ARE NOW PRECLUDED FROM CLAIMING OUR PRESENTATION NOT COMPLIANT.PLS ACCEPT DOCS WITHOUT DELAY AND CONFIRM US NO DISCREPANCIES FEES TO BE DEDUCTED. . THKS FOR YOUR COOPERATION. REGARDS.