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New website goes on-line

01/10/2013 Welcome to the newly designed website. We hope that you will enjoy the new layout. Over the coming months more data will be added to the site. For those of you that are members, one of the new features is that you will now receive an email as soon as any question you have posted is answered within the site.

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Recent News

Is your automatic extension (evergreen) clause as specific as it should be? 21/04/2026

Case: Starr Indemnity & Liability Co...more

ICC release guidelines on the Application of ICC trade finance rules in the context of the Middle East conflict 17/04/2026

Please find HERE the link to the paper just released by the ICC Global Banking Commission: ...more

Latest Question

1. When a credit requires a draft at 180 days after air waybill date, which date should be used to calculate the maturity date? Air waybill issuing date or when air waybill indicates BOTH actual flight date AND issuing date, the actual flight date will be used to calculate the maturity date? 2. Is a draft's tenor "180 days after air waybill date" deemed not clear? Someone argued that ISBP 821 paragraph B2 (c) is only applicable to bill of lading date. Can this paragraph also be applied to air waybill, that is, when air waybill indicating both actual flight date AND issuing date, the actual flight date will be used to calculate the maturity date?