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.

• Apr04

  The LC Year in Review

  The Year in LC Activity Every year since 1996, the Institute of International Banking Law & Practice (IIBLP) has produced...
• Mar12

  The Bank Payment Obligation – Looking Ahead

  BPO’s Rocky Road In the current issue of Documentary Credit World, two articles about the Bank Payment Obligation (BPO) give...
• Feb21

  Sanctions: A Primer

  In this blog post we will explore the topic of Sanctions in a broad sense, and discuss their impact on...