Latest Blog Post

FCL -V- CY - A Great Wrong Was Done!

FCL -V- CY - A Great Wrong Was Done!

by Kim Sindberg | April 24, 2015

The Annual Banking Commission Meeting is over! I am now back home – and the 12 hours flight allowed me to do some reflections.

I will share those over the coming week – especially once the final approved ICC Opinions are out. There is however one issue that is burning.

Somehow I think a great wrong was done yesterday – and I hope that it can still be fixed.

I refer to Draft ICC Opinion TA817 – which I previously discussed at the blog post “(FCL) For CLarification (please)” ( Please find the details of the query via that link.

This Draft Opinion was subject to a heated discussion – and the conclusion was that the Concl... Read The Full Post

Recent Reviews

ICC Guide to the Uniform Rules for Bank Payment Obligations
ISBP Online
From Beginning to Beginning

Latest in Trade Library

UCP 600 Exclusions in Perspective
Use of Transport Document in International Trade
The Place of Receipt Case

Your Right To Vote

What Is Open Account Documents Instructions?
It is a combination of factoring and LC
It is a usance LC
Never heard of it

Poll initiated by shahriar

Best Trade Solution -