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Spring & Summer 2016 Newsletter now available
17/05/2016
Members can find the latest newsletter in the Members Trade Information tab of the website. The newsletter contains an overview of the Opinions that were approved at the ICC Banking Commission meeting held in Johannesburg in April.
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Recent News
Is your automatic extension (evergreen) clause as specific as it should be?
21/04/2026
Case: Starr Indemnity & Liability Co...
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ICC release guidelines on the Application of ICC trade finance rules in the context of the Middle East conflict
17/04/2026
Please find HERE the link to the paper just released by the ICC Global Banking Commission: ...
more
Latest Question
LC under field 46A requires: 2. ORIGINAL CLEAN AIRWAY BILL ISSUED AND SIGNED BY THE CARRIER OR THEIR AGENT INDICATING ON BEHALF OF THE CARRIER BEARING CREDIT REFERENCE NUMBER EVIDENCING AIRFREIGHT OF GOODS CONSIGNED TO THE ISSUING BANK, MARKED FREIGHT PREPAID SHOWING ACTUAL FLIGHT NUMBER AND DATE AND NOTIFY THE APPLICANT AND THE ISSUING BANK. Under additional conditions: 7. HOUSE/FORWARDER'S AIRWAY BILL IS ACCEPTABLE ONLY IF COPY OF MASTER AIRWAY BILL MUST ACCOMPANY WITH SHIPPING DOCUMENTS. Air waybill has been presented showing signed by ABC HK Ltd on behalf of carrier Emirates. The air waybill has been signed in accordance with sub-article 23 (a). However, issuing bank refused the documents by quoting discrepancy 'House Air Waybill presented'. Appreciate your view if discrepancy quoted by issuing bank is valid.
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