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Welcome to Collyer Consulting

Online resource for trade finance information

Handling trade finance products can often lead to a minefield of problems and issues. Collyer Consulting Global Ltd can supply the answers through a number of different media, ranging from supplying updates on current initiatives and trends, to simply providing clarification or answers to burning questions. Questions are submitted daily by banks, importers, exporters and logistics organisations alike on a wide range of issues and topics. All are published anonymously and are available for all members to review.

Education and training forms a significant part of our offering, from Letter of Credit MasterClasses and seminars to the reviewing and updating of internal training material. Join the growing number who benefit from the information contained in the members section of this website. Sign up today!

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Recent News

ICC Release two new Trade Advisory Briefing Papers 06/08/2026

Briefing Paper No...more

Nominations for ICC Taskforce on Guarantees 06/08/2026

Nominations are open for membership of the Taskforce on Guarantees, which serves as the ICC Banking Commission’s expert body on demand guarantees and related ICC rules and instruments, including URDG 758 and associated guidance...more

Latest Question

Let’s take the case of a seller and a buyer which agree that the sale of the merchandise should be covered with an electronic L/C using the trade.XXX-bank.platform . In such a situation, and In order to facilitate the task of the seller concerning the handling of the electronic L/C, the seller could send a proforma invoice to the buyer containing among other terms the following basic instructions to be mentioned in the L/C: - this L/C is subject to eUCP latest version (this mention is in any case compulsory) - Electronic presentation shall be effected through ….https://trade.XXX-bank.platform/……. (this mention is also compulsory) - Each document, except B/L, may be presented either as a paper document or as an electronic record in format acceptable by the issuing and the nominated bank (this clause will give to the seller more flexibility to present the documents to the bank) - Scanned copy of ….carrier’s certificate….. in a pdf format acceptable (this clause can be inserted for any document indicated in the L/C which the seller is not certain to get in an electronic record, but he knows that he can get it in a paper form and on top of that he would like to be in a position the present it through the platform in a pdf format) Kindly tell me whether you understand these clauses ? Are these clauses correctly drafted? Could you suggest any other clause to be added in order to facilitate the task of the seller for the handling of the electronic L/C?