Category Archives: DCW News

Venezuelan Oil Awaits LC

Venezuelan Oil Awaits LC

Venezuela Oil Sits, Waits for LC

Further to coverage in DCW’s Jul/Aug issue (“Venezuela Oil Sits, Waits for LC”), Reuters reports that the Karvounis tanker which had been moored in the US Gulf for over one month discharged...
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SWIFT Changes Coming

SWIFT MT 700  

SWIFT MT 700

Significant changes are coming to SWIFT MT 700 series for commercial LCs (in November 2018) and the MT 760 series for guarantees & standbys (in November 2019). Will bankers and bank systems be ready? One facet possibly overlooke is their...
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Invest in UCP600

 

Invest in UCP600

Despite an outpouring of suggestions for a UCP revision in the form of the “UCP700 Wishlist” conducted over the last two years at IIBLP events as well as in polls produced by Documentary Credit World, the decision reached at the...

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Wolfsberg and Other Wheels in Motion

Compliance Expectations in 2017

2017 Trade Compliance

So far 2017 has given way to a breadth of new information regarding trade based financial crime. Highly anticipated compliance guidance for trade transactions hit the web and email inboxes in late January when The...
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Notes from ICC Technical Meeting in Rome

  DCW in Rome The ICC Banking Commission Technical Meeting took place in Rome from 7-9 November, 2016. Your voice from the ground floor, DCW will be filtering through the information from the meeting to bring you key takeaways in the upcoming Nov/Dec double issue.

Notes from ICC Banking...

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ICC Draft Opinion Updates from the Rome

  ICC Draft Notes DCW is reporting from the ICC Banking Commission Technical Meeting in Rome on 7-9 November. The Draft ICC Opinions panel met yesterday (Wednesday, 9 November) and as usual produced spirited conversation amongst participants. Some noteworthy takeaways from the 14 discussed Draft Opinions include: Read more

Premium Content from May DCW Issue

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Documentary Credit World (DCW)

First published in 1997, DCW is the longest running trade finance publication, relied on by more than 1,100 specialists worldwide. With a global advisory council and a rotating cast of prominent contributors, DCW keeps you in the know...
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