Trade Finance Knowledge Base

Practical, plain-English guides to the international rules governing Letters of Credit and documentary trade. Written for exporters, freight forwarders, and trade finance teams.

UCP 600

The Uniform Customs and Practice for Documentary Credits — the global rulebook for Letter of Credit transactions.

ISBP 821

International Standard Banking Practice (2023 Revision) — detailed guidance on how banks examine documents under UCP 600.

eUCP 2.1

The electronic supplement to UCP 600 — rules for presenting electronic records under documentary credits.

Trade Finance Glossary

Key terms in documentary credits: beneficiary, advising bank, discrepancy, presentation, and more.