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UCPDC 600 ARTICLE 36-39

UCPDC 600 ARTICLE 36-39   ARTICLE 36 : Force Majeure A bank assumes no liability or responsibility for the consequences arising out of the interruption of its business by Acts …

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UCPDC 600 ARTICLE 31-35

UCPDC 600 ARTICLE 31-35 ARTICLE 31 : Partial Drawings or Shipments a. Partial drawings or shipments are allowed. b. A presentation consisting of more than one set of transport documents …

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UCPDC 600 ARTICLE 25-30

UCPDC 600 ARTICLE 25-30 ARTICLE 25: Courier Receipt, Post Receipt or Certificate of Posting A courier receipt, however named, evidencing receipt of goods for transport, must appear to: i. indicate …

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UCPDC 600 ARTICLE 24

UCPDC 600 ARTICLE 24 ARTICLE 24: Road, Rail or Inland Waterway Transport Documents A road, rail or inland waterway transport document, however named, must appear to: i. indicate the name …

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UCPDC 600 ARTICLE 22-23

UCPDC 600 ARTICLE 22-23 ARTICLE 22 : Charter Party Bill of Lading A bill of lading , however named, containing an indication that it is subject to a charter party …

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UCPDC 600 ARTICLE 20-21

UCPDC 600 ARTICLE 20-21 ARTICLE 20 :Bill of Lading A bill of lading however named, must appear to: i. indicate the name of the carrier and be signed by: •the …

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UCPDC 600 ARTICLE 18-19

UCPDC 600 ARTICLE 18-19   ARTICLE 18: Commercial Invoice a. A commercial invoice: i. must appear to have been issued by the beneficiary (except as provided in article 38) ii. …

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UCPDC 600 ARTICLE 15-17

UCPDC 600 ARTICLE 15-17 ARTICLE 15:Complying Presentation a. When an issuing bank determines that a presentation is complying, it must honour. b. When a confirming bank determines that a presentation …

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UCPDC 600 ARTICLE 12-14

UCPDC 600 ARTICLE 12-14 ARTICLE 12:Nomination a. Unless a nominated bank is the confirming bank, an authorization to honour or negotiate does not impose any obligation on that nominated bank to …

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UCPDC ARTICLE 10-11

UCPDC ARTICLE 10-11   ARTICLE 10: Amendments a. Except as otherwise provided by article 38, a credit can neither be amended nor cancelled without the agreement of the issuing bank, …

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UCPDC ARTICLE 8-9

UCPDC ARTICLE 8-9 ARTICLE 8:Confirming Bank Undertaking. a Provided that the stipulated documents are presented to the issuing bank or to any other nominated bank and that they constitute a …

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UCPDC ARTICLE 5-7

UCPDC Article 5-7   ARTICLE 5 : Documents V. Goods, Services or Performance Banks deal with documents and not with goods, services or performance to which the credit may relate. …

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UCPDC ARTICLE 3   : INTERPRETATIONS

UCPDC ARTICLE 3   : INTERPRETATIONS For the purpose of these rules: Where applicable, words in the singular include the plural and in the plural include the singular.A credit is irrevocable even if …