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Winter 2015-2016 Newsletter now available

06/02/2016 Members will find the latest newsletter (Volume VIII) in the Member Trade Information section of the website. This newsletter contains an overview of the Opinions that were approved and released by the ICC Banking Commission on 5 February 2016. It also contains an overview of a few selected paragraphs of ISBP 745, Section B.

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Spring 2023 Newsletter added to Member Information section 23/05/2023

The latest newsletter providing details of the Opinion approved by the ICC at its meeting on 18 April, together with the text of the sixth Technical Advisory Briefing document can be found in the Members Information section under the Newsletters / Articles / External Publications tab...more

ICC Releases Technical Advsory Briefing No. 6 13/03/2023

The latest ICC Briefing paper (No...more

Latest Question

A credit stipulates in field 45A: Quantity: 59,123 Kgs Unit proce: USD 1.545/ kg Total amount: USD 91,345.03 (plus or minus 5% in quantity and amount). The beneficiary presents an invoice showing: Quantity: 59,123 Kgs Unit proce: USD 1.545/ kg Total amount: USD 91,345.04 So, should the beneficiary change the invoice amount to USD91,345.03 in order to be the same quantity, unit price and amount in field 45A? Or, if unchanged, on which reason(s) could we base such action? For example, 5% plus in amount, rounding the calculation?