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Supply Chain on SWIFT - Newsletter Q1 2014

31/01/2014 In the referenced newsletter, SWIFT have highlighted a few facts and figures.

MT798 - 20+ banks are live on the MT798 together with 10+ corporates.

BPO - 18 of the top 20 trade banks are adopting the BPO, with half of them live or ready for live transactions; 146 banks are connected to the Trade Service Utility (TSU) representing 83 banking groups; 25 corporates are live on BPO, mainly in Asia Pacific region.

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Recent News

ICC release Technical Advisory Briefing No. 8 - Certificates 01/12/2023

This briefing, focussing on the content of the various forms of certificates, describes the necessary awareness for the proper handling of these documents and the best practices associated with the issuance and creation of certificates...more

eUCP directory live on ICC website 13/11/2023

The eUCP Directory is now live on the ICCWBO website in the Trade and Supply chain finance page...more

Latest Question

A crdit requires a shipping company certificate to state that the vessel is covered by Institute Classification Clause equivalent to Lloyd's 100 A1. The presented certificate mentions the classification society as ABS and also states that the vessel's registered class is +A1. Is it complying with the LC condition?