ICC Banking Commission Collected Opinions 2009-2011- New Opinions on UCP 600, ISBP 681, UCP 500, URC 522 and URDG 758

No. @732E

ISBN : 978-92-842-0164-8

The ICC Banking Commission Opinions series is the only publication of this kind that carries the authority of the International Chamber of Commerce and represents the Commission’s official interpretations of how ICC’s banking rules are to be used in specific situations. This volume not only contains the very first opinions on ICC’s newly revised Uniform Rules for Demand Guarantees, URDG 758, but also includes decisions on UCP 600, ISBP 681, and more.

Harmonizing worldwide banking practice

The International Chamber of Commerce (ICC) provides bankers and lawyers with essential rules and standards that have over the years helped to harmonize trade finance practice. ICC’s Uniform Customs and Practice for Documentary Credits (UCP 600) and International Standard Banking Practice for the Examination of Documents Under Documentary Credits (ISBP 681) have become irreplaceable tools for practitioners using letters of credit. However, even though widely praised for their clarity and precision of language, as with any rules, there will always be questions about how they are to be applied in daily practice.

Vital tools for trade finance practitioners

The ICC Banking Commission’s Opinions have for decades provided unrivalled guidance to practitioners and been referred to by judges worldwide in disputes involving ICC rules. This volume covers all 69 official Opinions issued by the International Chamber of Commerce’s Banking Commission during the years 2009-2011. It will help practitioners and scholars to better understand and efficiently use ICC’s trade finance standards.

 

Code ISBN : 978-92-842-0164-8
Publishing date : 2012
Language : English
Format in cm : N/A

PREFACE

  • OPINIONS ON UCP 600
  • OPINIONS ON ISPB 681
  • OPINIONS ON UCP 500
  • OPINIONS ON URC 522
  • OPINIONS ON URDG 758

 INDEXES

o   Cross-reference index from “TA” to “R” numbered Opinions

o   Indexes by “R” reference numbers and articles

o   Key-word indexes

 APPENDICES

o   ICC Uniform Customs and Practice for Documentary Credits

o   International Standard Banking Practice for the Examination of Documents under Documentary Credits (ISPB 681)... 184

o   The Determination of an “Original” Document in the Context of UCP 500 sub-article 20(b)

ICC at a Glance
Some ICC Specialized Divisions
ICC Publications for Global Business

Gary Collyer and Ron Katz

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