Perhaps it’s time for a URC 522 revision
by Export Academy Faculty
May 06, 2012
One of the most valuable activities of the ICC Banking Commission is, without any doubt, the constant updating of the International Rules that the...
Benefits & risks for banks in Supply Chain Finance
by Export Academy Faculty
April 06, 2012
I have a Labrador dog, Andy whose breed originated in Greenland. I buy its food online in a store located in Germany whose product of Canadian ori...
Internet Trading and Documentary Credits
by Export Academy Faculty
January 25, 2012
– a stumbling block, a challenge or an opportunity?Serious exporters, large and small offering product to international markets have developed soph...
Does UCP600 really encourage the nominated bank to provide finance to the beneficiary?
by Export Academy Faculty
January 05, 2012
UCP600 has been in force near five years. When it has been published, many experts or banking practitioners believe that one of the main difference between UCP500 and UCP600 lies in that the nominated will be protected if it provides financing to the beneficiary under UCP 600 especially in acceptance or deferred payment credits !
Doc Credit – Letter of Credit : Stamp it out!
by Export Academy Faculty
January 25, 2011
eBSI Faculty Experts answer more technical queries from our readers!
The DOC CREDIT CLINIC – ‘Can you tolerate this?’
by Export Academy Faculty
January 25, 2011
In our regular section, Vincent O'Brien tackles queries from our readers.
URDG IMPLEMENTATION WORLDWIDE
by Export Academy Faculty
January 06, 2011
After a rapid and efficient revision of the URDG, the new rules came into effect on 1 July. Still, the new URDG 758 will rightly remain high on the ICC Banking Commission agenda for some time, for the revision is not the end of the story. In fact, it’s the beginning of a no less important task: implementing the rules as efficiently as possible! Based on my experience with seminars and the on-going implementation of URDG 758 in my country, I’d like to share my thoughts with the readers of eBSI TradeBrief.
Is the LC Available?
by Export Academy Faculty
July 06, 2010
There are a number of letter of credit issues that by the users (importers and exporters) are considered “banking issues” – i.e. of no real releva...
Special Court of Malaysia Issues Judgment in Standby Letter of Credit
by Export Academy Faculty
September 06, 2009
An irrevocable standby letter of credit (standby LC) can only be revoked or rescinded with the consent of the beneficiary. This judgment was given...
Covering Risks in International Trade – Credit Insurance for Exporters Part II
by Export Academy Faculty
August 06, 2009
Trading on credit terms carries an ever-present underlying risk for those trading overseas – from customer insolvency and default to economic and p...
Are the URDG inconsistent with Islamic Banking Principles?
by Export Academy Faculty
August 06, 2009
As an active trade banker based in Bahrain, a thriving hub for trade and investment in the Middle East my trade banking activity involves me with c...
Doc. Credit UCP query … ‘The Seven Year Itch’
by Export Academy Faculty
January 25, 2009
We have had a high value standby LC on our books for approximately 7 years. It was originally issued subject to UCP 500 then amended to UCP 600. T...
Use left/right arrows to navigate the slideshow or swipe left/right if using a mobile device
Skip to content
