Collyer Consulting

Spring/Summer 2020 Newsletter added to Members Trade Information section

04/06/2020 The latest newsletter has been added to the Members Trade Information page. This newsletter includes an overview of the 5 Opinions that have recently been approved by the ICC Banking Commission and released by the ICC today. It also provides an overview of the ICC Guidance paper concerning the handling of trade finance transactions subject to ICC rules during the COVID-19 pandemic.

Latest Question

We issue a credit with the beneficiary’s name as M/S A and B Company. When documents are presented to us the commercial invoice shows the same beneficiary’s name, but the certificate of origin and phytosanitary certificate shows the beneficiary’s name as A and B Company, without M/S. Our staff X says that it is not a discrepancy due to M/S being a pre-fix before company name only (google search), but staff Y does not agree because all documents must show full beneficiary’s name as required by the credit. Please instruct us about this.

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Spring/Summer 2020 Newsletter added to Members Trade Information section

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ICC report “Reconceiving the Trade Finance Ecosystem” 18/11/2021

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