News

News by Month

ICC Releases Technical Advsory Briefing No. 6

13/03/2023 The latest ICC Briefing paper (No. 6 on the subject of ICC Guidance Papers) has been made available by the ICC. The paper, as well as papers 1-5, can be viewed in the following link:

https://library.iccwbo.org/tfb/tfb-briefings.htm

Back to recent news

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?

X