The Institute of International Banking Law & Practice, a non-profit educational and research organization based in the United States, sponsors projects, programs, and publications intended to harmonize letter of credit law and practice.

Since its formation in 1987, the Institute has been a leading force in the LC world. With a range of publications on LCs, standbys, and demand guarantees, as well as commercial fraud, the Institute offers extensive resources in trade finance.

The Institute also regularly brings together leaders of the letter of credit community from banks, law firms, regulatory agencies, importers, exporters, and third party intermediaries in interactive forums around the world designed to foster and promote the exchange of ideas.

• Sep19

  Can Blockchain Spur 1 Trillion in Trade? A New Paper Suggests So

  New Paper Suggests Blockchain can Grow Trade by 1 Trillion A present-day USD 1.5 trillion global trade finance gap projected...
• Sep05

  Requiring Invoices Under Standby LCs

  Requiring Invoices Under Standby LCs In the current double issue of Documentary Credit World, an experienced trade Finance Head decries...
• Aug16

  DCW Honors and Remembers Professor James E. Byrne

  On 1 July 2018, IIBLP Founder and Director Professor James (“Jim”) Edward Byrne died after a valiant battle against cancer....