Want to understand how the Bank Payment Obligation works and what is involved?
14/11/2018A document has been added to the Members Information section of the website (under 'The SWIFT Trade Services Utility (TSU) and the Bank Payment Obligation (BPO) section) and provides an excellent overview of the BPO - how it works, whom is involved, what is needed to be able to offer or use the product.
Nominations for ICC Taskforce on Guarantees 06/08/2026
Nominations are open for membership of the Taskforce on Guarantees, which serves as the ICC Banking Commission’s expert body on demand guarantees and related ICC rules and instruments, including URDG 758 and associated guidance...more
