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Posts Tagged ‘documentary credit guide’

The Importance of the Uniform Rules for Demand Guarantees in Times of COVID-19 Pandemic

With this global pandemic, it is recommended to encourage the use of guarantees and counter-guarantee subject to URDG 758 as it provides a balance between the interests of all the parties involved.

Haitham YoussefArticles, Bonds, Guarantees and Letters of Credit, Coronavirus, Legal, Letters of Credit, Services, Structured Terms of Payment, Technology

Sanction clauses under the Documentary Credits

Documentary credit may be one of the most convenient payment method available to buyers and sellers, but one should know its limitation to avoid issues and penalties.

Osama IbrahemArticles, Bonds, Guarantees and Letters of Credit, Credit Insurance, Featured, International Trade Professionals Programme, Legal, Letters of Credit, Payables Finance, Payments, Services, Structured Terms of Payment
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