Expert Commentaries

THE emerging economies have now begun feeling the painful effects of the financial crisis and recession in the United States and Europe. They are ...

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...

In the wake of the global economic crisis which is seemingly engulfing commerce worldwide, what can be done to ensure that the economies of nation...

An irrevocable standby letter of credit (standby LC) can only be revoked or rescinded with the consent of the beneficiary. This judgment was given...

Many countries in the Islamic World have adopted elements of ‘Sharia’ (Islamic Law) in their respective legal systems regulating Financial entitie...

Trading on credit terms carries an ever-present underlying risk for those trading overseas – from customer insolvency and default to economic and p...

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...

Paul Lambert, eBSI Specialist Advisor takes us through some key points to ensure our website’s data protection policy complies with legislation. Ex...

How to appoint an agent. Agency selection is critical and affects development of your whole export effort.The challenge is to appoint an agent who ...

While researching the myriad of advertising options available to businesses on the Internet we will undoubtedly come across the term ‘Pay Per Clic...

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...

This article is now out of date and the current INCOTERMS is Incoterms 2010 and will be updated to Incoterms 2020 from 2020.  This article is prese...