News

News by Month

Berne Union issues its annual report to celebrate its 80th birthday

21/05/2014 The Berne Union 2014 report, known as BU80, has some 23 feature articles by prominent people from the agencies, private insurance and export finance sector. Berne Union 2014.pdf

Back to recent news

Recent News

Achieving inclusive AI - a paper issued by ICC 08/07/2025

With AI becoming more and more involved with trade finance, the ICC has issued the following paper...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

We received a credit that required an ACID NR to be shown on all documents. EUR.1 is among the documents required and is issued by the customs authorities and signed by the beneficiary. But the customs authority use a QR code as a signature and its name appears underneath. The ACID number is written on a sticker affixed into EUR.1 but not authenticated by customs authority with their stamp and signature. Does the customs authority have to authenticate the sticker? We raised a discrepancy like so but the beneficiary objected claiming that this case is not in the scope of ISBP821 paragraph A7. We will appreciate your opinion.

X