Swept up in the enthusiasm around new, perhaps more sophisticated, trade finance instruments, it can be easy to overlook the Letter of Credit (LC). David Bischof, policy manager at the International Chamber of Commerce (ICC) Banking Commission, reminds us of its importance.
The Banking Commission of the International Chamber of Commerce (ICC) has announced the appointment of two new technical advisors for the production of official Banking Commission Opinions – important resources for legal and banking professionals as well as scholars that are often cited by courts to assist in dispute resolution.
Searching for our various rules, standards, guidelines or reference works? Browse through our “Find a document centre.”
Publications for arbitrators, bankers, lawyers, and anyone involved in cross-border trade.
Market leading e-learning and online certification for trade professionals worldwide.
Biennial meeting for knowledge sharing, networking and showcasing chamber innovation.
A public-private partnership for trade-led growth
Research and analysis on key challenges facing business and the global economy in the 21st Century.
All-encompassing data on trade and export finance products and transactions.
ICC’s UK-based anti-crime arm combatting all forms of commercial crime.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
| Cookie | Type | Duration | Description |
|---|---|---|---|
| cookielawinfo-checkbox-analytics | 0 | 1 hour | This cookies is set by GDPR Cookie Consent WordPress Plugin. The cookie is used to remember the user consent for the cookies under the category "Analytics". |
| cookielawinfo-checkbox-necessary | 0 | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
| cookielawinfo-checkbox-non-necessary | 0 | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Non Necessary". |
| cookielawinfo-checkbox-performance | 0 | 1 hour | This cookies is set by GDPR Cookie Consent WordPress Plugin. The cookie is used to remember the user consent for the cookies under the category "Performance". |
| PHPSESSID | 0 | This cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed. | |
| SERVERID567 | 0 | 15 minutes | Session cookie that expires when the page is closed. The operation of the host requires the presence of this cookie corresponding to a number of "SERVERIDES" servers to ensure the proper loading of the site. |
| viewed_cookie_policy | 0 | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
| Cookie | Type | Duration | Description |
|---|---|---|---|
| test_cookie | 0 | 1 day | Used to check if the user's browser supports cookies by Google. |
These cookies collect information about how you use a website, like which pages you visited and which links you clicked on. None of this information can be used to identify you. It is all aggregated and, therefore, anonymized. Their sole purpose is to improve website functions.
| Cookie | Type | Duration | Description |
|---|---|---|---|
| cusid | 0 | 30 minutes | This cookie is used to establish and continue a user session with the site. When a user views a page on the site, the script code attempts to update this cookie. If it does not find the cookie, a new one is written and a new session is established. Each time a user visits a different page on the site, this cookie is updated to expire in 30 minutes, thus continuing a single session for as long as user activity continues within 30-minute intervals. This cookie expires when a user pauses on a page on the site for longer than 30 minutes. |
| cuvid | 0 | 2 years | This cookie is typically written to the browser upon the first visit to the site from that web browser. If the cookie has been deleted by the browser operator, and the browser subsequently visits the site, a new __cuid cookie is written with a different visitor unique ID. This cookie is used to determine unique visitors to the site and it is updated with each page view. Additionally, this cookie is provided with a unique ID that the application uses to ensure both the validity and accessibility of the cookie as an extra security measure. |
| cuvon | 0 | 30 minutes | Used to signal the last time a visitor viewed a page. |
A set of cookies to collect information and report about website usage statistics without personally identifying individual visitors to Google.
| Cookie | Type | Duration | Description |
|---|---|---|---|
| _ga | 0 | 14 months | This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors. |
| _gat_UA-30095339-1 | 0 | 1 minute | This cookie is used for throttling requests to Google Analytics to increase the efficiency of network calls. |
| _gid | 0 | 1 day | This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the wbsite is doing. The data collected including the number visitors, the source where they have come from, and the pages viisted in an anonymous form. |
