29/04/2015A legal summary of the above English law case that was heard in 2013 has been added to the Court Decisions section of the Members Trade Information tab. This case contains some important issues relating to the naming of the beneficiary, the description of discrepancies and the construction of a refusal notice.
Recognising that there is no global standard for the defining Trade Finance, this Briefing document provides a suggested text and has been recommended for use by the ICC Banking Commisison Steering Committee...more
