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Want to understand how the Bank Payment Obligation works and what is involved?

14/11/2018 A 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.

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Enabling digital trade through legal reform: A guide for policymakers and practitioners 12/05/2026

The ICC’s Digital Standards Initiative recently published a new MLETR implementation guide “Enabling digital trade through legal reform: A guide for policymakers and practitioners”, to support adoption of legally recognised electronic transferable records...more

Is your automatic extension (evergreen) clause as specific as it should be? 21/04/2026

Case: Starr Indemnity & Liability Co...more

Latest Question

The credit field 45A indicated: 1. good name 2. good quantity 3. unit price 4. trade terms 5. shipping marks 6. packing details 7. specifications details 8. the results of the analysis and inspection 9. origin of good 10. manufacturer name in my opinion, the invoice only must show items 1-5, but items 6-10 may not be shown on the invoice. Please confirm.