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5th Annual Letter of Credit MasterClass held in Dubai

08/04/2014 The 5th annual Letter of Credit MasterClass was held in Dubai on 7 & 8 April 2014 with 110 attendees. The topics covered included a review of the latest ICC Opinions; Incoterms from a corporate and bank perspective; standby LCs; document preparation and examination; the common pitfalls with letter of credit processing and handling; ISBP 745 in practice; Bank Payment Obligation and where it fits with the letter of credit; plus exercises and case studies.

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Enabling digital trade through legal reform: A guide for policymakers and practitioners 12/05/2026

The ICC’s Digital Standards Initiative recently published a new MLETR implementation guide “Enabling digital trade through legal reform: A guide for policymakers and practitioners”, to support adoption of legally recognised electronic transferable records...more

Is your automatic extension (evergreen) clause as specific as it should be? 21/04/2026

Case: Starr Indemnity & Liability Co...more

Latest Question

LC amount does not have a tolerance and a full shipment is made. Beneficiary has raised invoice for full amount but claims an amount less than the invoice amount. Is this a discrepancy? Kindly advise