Sullivan: Using an IPU in Trade Receivables Transactions

Geoffrey Wynne

Partner at Sullivan & Worcester

Sullivan partner Geoff Wynne looks at various issues in connection with purchasing or taking security over receivables where they are evidenced or replaced by an IPU (Irrevocable/Independent Payment Undertaking), both for the purchaser and the provider of the IPU.

Interested in finding out more?

Ask the analyst

Trade waits for no-one: Nexent Bank on navigating volatility

Video

05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of...

Why SMEs are the future of export finance

Expert opinion

11 May 2026

Why SMEs are the future of export finance

SME EPC contractors may lack the scale and track record of the industry’s traditional heavyweights, but in emerging market infrastructure they are becoming too important for...

Must See

Perspective

05 May 2026

Mapping out ECA activity

Europe drove overall export finance growth in 2025. But ECAs look set to up support to emerging markets.

Video

05 May 2026

Trade waits for no-one: Nexent Bank on navigating volatility

Selim Caydamli, global head of structured trade & commodity finance at Nexent Bank, joins the TXF In-Depth podcast to discuss geopolitical turmoil and the importance of tailored solutions in times of crisis.

Expert opinion

11 May 2026

Why SMEs are the future of export finance

SME EPC contractors may lack the scale and track record of the industry’s traditional heavyweights, but in emerging market infrastructure they are becoming too important for ECAs and lenders to ignore.