ISBP 600 ISBP 600 The Application and Issuance of the Credit 1. The terms of a credit are independent of the underlying transaction even if a credit expressly refers to […]
Read more
Category: International Chamber of Commerce (ICC)
What is UCPDC 600
What is UCPDC 600 UCPDC 600 is the latest version of the rules that govern letters of credit transactions worldwide. UCPDC 600 is prepared by International Chamber of Commerce’s (ICC) […]
Read moreShort Question UCPDC 600
Short Question UCPDC 600 Question:01 What is UCPDC ? Ans:Uniform Customs and Practice for Documentary Credits Question:02 How many Articles in UCPDC 600 ? Ans: 39 Articles […]
Read moreSignificant Changes in UCPDC-600
Significant Changes in UCPDC-600 Significant Changes in UCPDC-600 Compared with Publication no. 500 ******* #Article :1 :It has been expressly indicated that UCP600 contains rules. # :2 :All the […]
Read more
International Chamber of Commerce (ICC)
International Chamber of Commerce (ICC) Established : In 1919 Objectives : To serve world business by promoting trade and investment, open markets for goods and services, and the free flow […]
Read more
URR 725
URR 725 URR 725 is the acronym of Uniform Rules for Bank-to-Bank Reimbursements. UNIFORM RULES FOR BANK-TO-BANK REIMBURSEMENTS APPROVED ON 15-16.04.2008. IN FORCE SINCE 01/10/2008 A. GENERAL PROVISIONS AND […]
Read more