Documentary credits are one of the oldest, most sophisticated, and safest payment instruments used in international trade.

ICC, TFG and WTO are partnering at the 2021 Global Trade & Blockchain Forum, themed “Accelerating Trade Digitalization through DLT”.

How effective technology and financing can bring international shipping into the twenty-first century

Data will be at the centre of a brave new world in trade finance – Natasha Condon, JP Morgan

Operations everywhere have been impacted by the pandemic, though the obstacles faced in collateral management remain particularly challenging.

Initially, the pandemic led to a sudden, sharp shock which caused a multitude of challenges to business continuity. What’s in stock for 2021?

Announced: latest confirmed speakers for the UK-Japan Free Trade Summit: A Shared Political, Economic and Financial Vision for Mutual Benefit (20 January).

Your Monday morning coffee briefing from TFG. Talks between the UK and the EU on their future relationship continue without a breakthrough, and the UK government placed London and much of South East England under tier 4 restrictions.

A documentary trade credit (DTC) is a trade finance substitute for a commercial bank documentary letter of credit. A DTC is issued and negotiated under the same UCP guidelines as a documentary letter of credit; except the funds supporting the instrument are available with a third party international escrow company instead of a commercial bank.

In this article, John Dunlop takes a look at a documentary trade payment (DTP) and whether it can be substituted for a documentary collection using UCP rules.