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.

• May15

  HSBC announces first trade finance transaction using blockchain

  HSBC claims it is first in the race to blockchain enabled trade finance May is proving to be a busy...
• May10

  Singapore Introduces Blockchain-Based eCO

  The First Blockchain eCO In another claimed blockchain-related breakthrough, on 9 May 2018 the Singapore International Chamber of Commerce announced...
• 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...