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Home Tag Archives: Sanctions clause

Tag Archives: Sanctions clause

Sanctions vs. Honour: What If the LC Has No Sanctions Clause?

By Mr Old Man
October 8, 2025
in :  Mr Old Man, Payment, Q&A
0
261

Intro In today’s trade finance world, sanctions compliance has become a minefield. Banks may find themselves caught between UCP obligations on one side and sanctions laws on the other. A recently raised a thought-provoking question — what if the LC itself says nothing about sanctions, yet the documents reveal shipment from a sanctioned port or on a sanctioned vessel? Here’s …

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