ICC issues updated guidance paper regarding sanction clauses
12/06/2014
The ICC today issued an updated version of its guidance paper (first issued in 2010) regarding the use of sanction clauses in trade finance instruments such as documentary credits, standby letters of credit and guarantees.
Lloyds, SocGen turn to eUCP for digital letters of credit 18/09/2026
Société Générale and Lloyds have completed a fully digital trade transaction between the UK and France, using Enigio’s technology, in what the French lender describes as a first-of-its-kind deal...more