Expert Commentaries
Is the LC Available?

Is the LC Available?

|Export Academy Faculty
There are a number of letter of credit issues that by the users (importers and exporters) are considered “banking issues” – i.e. of no real relevance for them. One of...
Priority Trade Issues from a US Customs Perspective

Priority Trade Issues from a US Customs Perspective

|Export Academy Faculty
In the wake of the global economic crisis which is seemingly engulfing commerce worldwide, what can be done to ensure that the economies of nations worldwide remain protected from the...
Special Court of Malaysia Issues Judgment in Standby Letter of Credit

Special Court of Malaysia Issues Judgment in Standby Letter of Credit

|Export Academy Faculty
An irrevocable standby letter of credit (standby LC) can only be revoked or rescinded with the consent of the beneficiary. This judgment was given by Chief Justice Tun Abdul Hamid...
The Financial Crisis and Islamic Banking

The Financial Crisis and Islamic Banking

|Export Academy Faculty
Many countries in the Islamic World have adopted elements of ‘Sharia’ (Islamic Law) in their respective legal systems regulating Financial entities.And how are they weathering this current rather grave financial...
Covering Risks in International Trade – Credit Insurance for Exporters Part II

Covering Risks in International Trade – Credit Insurance for Exporters Part II

|Export Academy Faculty
Trading on credit terms carries an ever-present underlying risk for those trading overseas – from customer insolvency and default to economic and political upheavals. Many companies generally accept this as...
Are the URDG inconsistent with Islamic Banking Principles?

Are the URDG inconsistent with Islamic Banking Principles?

|Export Academy Faculty
As an active trade banker based in Bahrain, a thriving hub for trade and investment in the Middle East my trade banking activity involves me with conventional and Islamic Banking...
Website Data Protection Compliance

Website Data Protection Compliance

|Export Academy Faculty
Paul Lambert, eBSI Specialist Advisor takes us through some key points to ensure our website’s data protection policy complies with legislation. Exporters the world over should anticipate future data protection...
Don’t Start a relationship with the wrong person!

Don’t Start a relationship with the wrong person!

|Export Academy Faculty
How to appoint an agent. Agency selection is critical and affects development of your whole export effort.The challenge is to appoint an agent who knows the export market and has...
Keyword Marketing for Exporters

Keyword Marketing for Exporters

|Thomas Smith
While researching the myriad of advertising options available to businesses on the Internet we will undoubtedly come across the term ‘Pay Per Click’ (PPC) advertising, This is an advertising model which...
Doc. Credit UCP query … ‘The Seven Year Itch’

Doc. Credit UCP query … ‘The Seven Year Itch’

|Export Academy Faculty
We have had a high value standby LC on our books for approximately 7 years. It was originally issued subject to UCP 500 then amended to UCP 600. The standby...
Is the LC Available?

Is the LC Available?

|Export Academy Faculty
There are a number of letter of credit issues that by the users (importers and exporters) are considered “banking issues” – i.e. of no real relevance for them. One of...