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Summer 2026 Newsletter added to Members Trade Information Section

29/07/2026 The latest (Summer 2026) newsletter has been added to the Newsletter section of the Members Trade Information section and reflects on the discussions at the recent ICC Banking Commission meeting including the 6 Opinions that were approved. Latest news on ICC initiatives are also included.

Volume XXXVI Summer 2026.pdf

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As the issuing bank, we have received an MT750 from the beneficiary’s bank requesting our authorization to negotiate the documents under an expired DC. Pease confirm whether it is valid and acceptable for us to provide such authorization given that the LC has expired, provided that we have received confirmation from the applicant that they have accepted the discrepancy - LC expired.