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.

• Dec03

  LC Statistics 2019

  LC Statistics Spotlight Each year DCW releases quarterly LC statistics, showing letter of credit activity for nearly 700 US banks...
• Nov12

  DCW Trade Finance Year-in-Review

  Looking Back: DCW's Trade Finance Headlines from 2018 Since 1996, Documentary Credit World has had it's finger on the pulse of...
• Oct03

  Are Free-Trade Zones a Money Laundering Threat?

  Do Free Trade Zones encourage Money Laundering? In its July 2019 report “on the assessment of the risk of money...