Category
Trade Finance
Letters of credit, bank guarantees, and international trade settlement.
Articles
How changes to an already-issued bank guarantee or standby LC — a new amount, extended validity — are communicated.
10 Sep 2026 · 2 min read MT 760 Explained: Guarantee / Standby Letter of CreditHow a bank issues an independent guarantee or standby LC — a promise to pay only if the applicant fails to perform.
09 Sep 2026 · 2 min read MT 752 Explained: Authorization to Pay, Accept or NegotiateThe issuing bank's green light to honour documents that were flagged as discrepant, after the applicant waives them.
08 Sep 2026 · 2 min read MT 750 Explained: Advice of DiscrepancyHow a bank flags discrepant documents and asks the issuing bank for permission to honour them anyway.
07 Sep 2026 · 2 min read Letter of Credit Basics: How an LC Protects Both Sides of a TradeA Letter of Credit shifts payment risk from the buyer to a bank. Here is how the LC lifecycle works, who the parties are, and why documents matter more than the goods themselves.
06 Sep 2026 · 2 min read MT 742 Explained: Reimbursement ClaimHow the bank that paid under a Letter of Credit actually gets its money back from the reimbursing bank.
06 Sep 2026 · 2 min read MT 740 Explained: Authorization to ReimburseHow an issuing bank instructs a reimbursing bank to honour claims from the bank that pays under a Letter of Credit.
05 Sep 2026 · 2 min read MT 734 Explained: Advice of RefusalHow a bank formally refuses to honour documents presented under a Letter of Credit, and lists exactly why.
04 Sep 2026 · 2 min read MT 730 Explained: Acknowledgement (Documentary Credit)How banks confirm receipt of a Letter of Credit message and report their own handling charges.
03 Sep 2026 · 2 min read