Domenico Del Sorbo

CEO, Studio Del Sorbo srl

Dr. Domenico Del Sorbo, is an expert in trade and export finance tools and, in particular, international payments with a specialized focus on risk-mitigation tools (letters of credit, standby letter of credit and demand guarantees). He holds the Diploma for Qualified Trade Finance Specialists (QTFS). He is a consultant and trainer. He carries out assistance and consultancy activities for the management of letters of credit and bank guarantees for various SMEs. Finally, he collaborates as contributing editor for the Trade Services Update newsletter, covering practical aspects of payment instructions in international trade by Kim Sindberg, Editor in Chief.

Awards: Qualified Trade Finance Specialist

Expertise In: International Trade, Export, Letters of Credit

Languages: English, Italian

documents

Letter of Credit: How to prepare “draft”

Trade and export finance expert Domenico Del Sorbo’s take on how to prepare the “draft” in accordance with the letter of credit conditions and provisions.

Domenico Del SorboArticles, Featured, ICC, Letters of Credit, Trade Finance, UCP 600
Letter of Credit On the basis of the documents alone

Letter of Credit: On the basis of the documents alone

UCP 600 article 2 states that a “Complying Presentation means a presentation that is in accordance with the terms and conditions of the credit, the applicable provisions of these rules and international standard banking practice.”

Domenico Del SorboArticles, Featured, Letters of Credit, Letters of Credit Hub, UCP 600
letter of credit

Letter of Credit definition: Breaking down the confusion

Though an important instrument in international trade, letters of credit are complex, and their definition can cause confusion….

Domenico Del SorboArticles, Featured, For Exporters, For Importers, International Trade, International Trade Hub, Letters of Credit, UCP 600
Documentary Credit- Deconstructing a complex instrument featured image

Documentary Credit: Deconstructing a complex instrument

When searching for a definition of documentary credit, the Uniform Customs and Practice for Documentary Credits (UCP 600) is the best place to start. 

Domenico Del SorboArticles, Featured, Letters of Credit, UCP 600
domenico del sorbo documentary collections

Documentary collections: instructions for use

Since documentary collection is not a risk mitigation tool, it is appropriate to use this form of payment with caution to advise operators to follow a scientific approach in the management of this payment instrument.

Domenico Del SorboArticles, Bonds, Guarantees and Letters of Credit, Credit Insurance, Currency Exposure and Risk Management, ICC, Letters of Credit, Payments, Structured Terms of Payment, Trade Finance
domenico del sorbo international payment

International Payments: Settlement, Risk Mitigation, or Financing?

TFG heard from Trade & Export Finance Specialist, Domenico Del Sorbo on practical aspects of payment instructions in international trade.

Domenico Del SorboArticles, Bonds, Guarantees and Letters of Credit, Credit Insurance, Currency Exposure and Risk Management, ICC, Letters of Credit, Payments, Risk, Structured Terms of Payment, Trade Finance, UCP 600
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