News

News by Month

November 2017

The Autumn & Winter 2017 Newsletter has been added to the members information section
27/11/2017
The latest newsletter has been added to the 'Newsletters / Articles / External Publications' section of the Members Trade Information page...

Recent News

26/11/2024

The latest newsletter is now available in the members trade information section under the category of 'Newsletters'...more

ICC release Technical Advisory Briefing No. 11 - Definition of Trade Finance 19/09/2024

Recognising that there is no global standard for the defining Trade Finance, this Briefing document provides a suggested text and has been recommended for use by the ICC Banking Commisison Steering Committee...more

Latest Question

The covering schedule did not confirm that documents were presented on or before the expiry date of the credit and the issuing bank provided a notice of refusal. A subsequent message from the negotiating bank confirmed all terms and conditions were complied with. The issuing bank withdraws its notice of refusal, but insists on charging a discrepancy fee due to the issuing bank having already approached the applicant for a waiver and occurred the handling fee, is it reasonable?