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The annual subscription to the members only site is GBP150EUR175 or USD190 per annum.

This subscription gives you access to a wealth of information and knowledge. Data is continually added to bring each member a comprehensive offering. From basic examples of banking documentation, to suggested wording of formal documents and agreements, to aids for importers and exporters, this is the site that you should join.

Discounted membership is available when taking out 3 or more annual licences. Annual licence fees are as follows:

1-2 licences GBP150 each (EUR175 or USD190), 3-5 licences GBP125 each (EUR140 or USD150), 6-9 licences GBP100 each (EUR110 or USD120), 10-15 licences GBP80 each (EUR90 or USD100), over 15 licences = negotiable.  

In addition, membership enables you to post any number of questions that you may have in relation to a wide range of topics including Documentary Credits, Documentary Collections, Bank Guarantees and electronic rules (and many others). You will not only see the answer to your question, but also answers to questions posed by other members. Names and organisations of those posting questions are always kept confidential.

We also provide regular updates as to what is happening in the world of trade finance.

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Please complete your details opposite and select the preferred method of payment. If you select PayPal, you will be taken to the PayPal website for the payment to be made. If you select bank draft/transfer, you will be sent an invoice with details relating to the payment of the fee. Please note that for bank transfers, we must insist that ALL bank charges are paid by the member or their organisation. If you are paying via PayPal, please add 4.5% to the payment amount covering the fees that are levied by PayPal.

If paying by bank draft/transfer, access to the site will be communicated by separate email. Please keep a note of the username and password that you select at the time of registration. 

Recent News

26/11/2024

The latest newsletter is now available in the members trade information section under the category of 'Newsletters'...more

ICC release Technical Advisory Briefing No. 11 - Definition of Trade Finance 19/09/2024

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

Latest Question

We, as the issuing bank, requested the below document, under field 46A. “Insurance policy/certificate for 10.00 percent above CIF value payable to the order of Sampath bank PLC, covering institute cargo clauses (a), institute war clauses (cargo), institute strike clauses (cargo), transshipment risks marked premium paid claims payable in Colombo irrespective of percentage.” Insurance certificate is presented containing below wording on the face side of the document. “The settlement of loss and damage will be effected, unless otherwise provided, through the intermediary of Marsh SA/NV to whom all documents are to be forwarded for this purpose, and will collect the indemnity under deduction of a commission of one percent” Also, it indicates the LC conditions as a mirror image as follows under the heading of "letter of credit conditions" whereas insurance conditions are incorporated separately in the certificate: "covering institute cargo clauses (A), institute war clauses (cargo), institute strike clauses (cargo), transshipment risks marked premium paid claims payable in Colombo irrespective of percentage" Having considered the above clauses, we have quoted below discrepancies. 1) Insurance policy indicates a deductible of 1 pct instead of irrespective of percentage. 2) Insurance not marked premium paid Beneficiary’s bank disagrees with our discrepancy and raised below argument: “Insurance policy/certificate does not indicate a deductible of 1 pct irrespective of percentage on the face of the document and banks will not examine terms and condition in insurance document as per ISBP paragraph K22 and marked as premium paid under the LC conditions. Considering above, may we have your opinion on the discrepancy quoted by us and the counter argument raised by the beneficiary’s bank.