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10:00 am - 12:00 pm

Event Type: Online Event


The LBBC would like to thank LBBC Sponsor members – Bank ABC and BACB for generously giving their time and expertise.

Chaired by LBBC Director and former CEO of Bank ABC, Paul Jennings our panel of experts included:

  • John Turnbull, Senior Banker and Trade Finance specialist, Bank ABC
  • Mike Galer, Head of Trade Finance, BACB
  • Assad Riyany, Head of Libyan Business, Bank ABC
  • Mark Wasmuth, Associate Director, Trade Finance, BACB

The Webinar started with a presentation by John Turnbull which covered the following key principles:

– Banks deal with documents not goods
– How to avoid discrepancies
– The “autonomy principal” of Documentary Credits and regulatory compliance
– Avoiding the pitfalls
– Confirmed and unconfirmed LCs

Click here to see a copy of John Turnbull’s presentation and details about the speakers.

Questions were answered by the panelists during the second hour of the event.

The event was recorded and can be accessed by this link: