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Recent News

Achieving inclusive AI - a paper issued by ICC 08/07/2025

With AI becoming more and more involved with trade finance, the ICC has issued the following paper...more

ICC release Technical Advisory Briefing No. 11 - Definition of Trade Finance 19/09/2024

Recognising that there is no global standard for the defining Trade Finance, this Briefing document provides a suggested text and has been recommended for use by the ICC Banking Commisison Steering Committee...more

Latest Question

Presented invoice shows: Good value: USD100.00 Pre-payment: USD20.00 Total value: USD80.00 When the insurance document is silent with regard to the percentage of coverage, the amount of insurance coverage must be at least USD110.00. When the insurance document stipulates the percentage of coverage as “110% of INVOICE AMOUNT”, the amount of insurance coverage also must be at least USD110.00 rather than USD88.00 Please confirm.