Trade finance jargon translated into clear, practical language — no ICC handbook required.
Type a question or paste a clause; the Explainer returns a structured, referenced answer.
Get the rule, the article, and the practical implication in one response — no digging through publications.
Useful whether you are a banker, a corporate treasurer, or an exporter encountering trade finance for the first time.
The Explainer covers the rules, clauses, and terms trade finance professionals encounter daily.
UCP 600 articles
Plain-English breakdowns of each article — what it requires, who it protects, and how it applies in practice.
LC clauses and conditions
Understand what "clean on board", "stale dated", or "third-party B/L" mean and when they trigger a discrepancy.
SWIFT field meanings
Decoding of MT700 and MT760 fields — what each tag carries and what banks look for.
Trade finance terminology
From "confirming bank" to "discrepant presentation" — definitions in the context of real transactions.
Trade finance runs on a body of ICC publications — UCP 600, URDG 758, URC 522, ISBP 745 — that are precise but dense. A single clause can determine whether a document complies, and the wording is often unfamiliar even to experienced professionals outside a trade finance department.
The Explainer closes that gap. Instead of searching through a rulebook, you ask in plain language and get a structured answer: what the term means, which article governs it, and what it means for your transaction. It is the fastest way to move from "I have seen this clause" to "I understand this clause."
Pair the Explainer with the Examination tool: when a discrepancy is flagged, paste the finding into the Explainer to understand exactly why the rule applies and how to fix the document.