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December 2014

Autumn & Winter 2014 Newsletter added to Members section
10/12/2014
A new newsletter has been added to the members section providing details of some of the issues discussed at the ICC Banking Commission meeting held in Istanbul on 5 and 6 November 2014...

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

UCP 600 sub-article 22 (a) (iii) states: indicate shipment from the port of loading to the port of discharge stated in the credit. The port of discharge may also be shown as a range of ports or a geographical area, as stated in the credit. ISBP821 paragraph G9 states: When a credit indicates a geographical area or range of ports of discharge (for example, “Any European Port” or “Hamburg, Rotterdam, Antwerp Port”), a charter party bill of lading may indicate the actual port of discharge, which is to be within that geographical area or range of ports, or it may show the geographical area or range of ports as the port of discharge. Question: 1. When a credit indicates a geographical area of ports of discharge as “Any European Port”, presented charter party bill of lading shows “Any West European Port” or “Hamburg, Rotterdam, Antwerp Port”, is it acceptable? 2. When a credit indicates a range of ports of discharge as “Hamburg, Rotterdam, Antwerp Port”, presented charter party bill of lading only shows “Hamburg, Rotterdam”, is it acceptable?