Supply chain finance

Following a request made by a number of banks to the International Chamber of Commerce (ICC), the ICC Banking Commission and SWIFT have published guidelines to assist banks in the creation of customer contracts or agreements for use with their BPO-related services or products.

Organized by the ICC Banking Commission, the Supply Chain Financing Summit will be held on 22-23 October and is a flagship event providing opinions, ideas and insights about the forces driving change in trade finance.

The ICC Guide to the Uniform Rules for Bank Payment Obligations (URBPO) is available at a 20% discount until 31 May, thanks to the latest Book of the Month special offer at the world business organization’s online store.

At ICC's second annual Supply Chain Financing Summit, on 6-7 November in Paris, leading bankers and corporate executives will debate their latest strategies in the fast developing area of supply chain finance. Participants registering before 27 September will benefit from a special early-bird rate.

With companies and suppliers under conflicting pressures to improve payment terms, reduce prices and improve cash flow efficiencies, ICC and its Banking Commission are focusing on establishing new financial solutions that will enable corporates to maintain a resilient supply chain.