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ICC Banking Commission Opinions 2009 - 2011: New Opinions on UCP 600 and 500, ISBP, URC and URDG

Edited by: Gary Collyer, Ron Katz, ICC

ISBN13: 9789284201648
Previous Edition ISBN: 9789041131898
Published: July 2012
Publisher: International Chamber of Commerce
Country of Publication: France
Format: Paperback
Price: £70.00



Despatched in 6 to 8 days.

This important volume contains all of the official Opinions issued by the International Chamber of Commerce's Banking Commission during the years 2009-2011.

The 69 Opinions included in these pages reflect how ICC's universally used rules on letters of credit, collections and demand guarantees are applied in everyday practice. This is the latest in a celebrated series of ICC books of Opinions dating back more than four decades.

The Opinions in this volume respond to specific questions raised by queries submitted to the Banking Commission from practitioners the world over. The bulk of the Opinions respond to questions raised concerning the latest version of ICC's Uniform Customs and Practice for Documentary Credits (UCP 600) and about its companion volume, International Standard Banking Practice tor the Examination of Documents Under Documentary Credits (lSBP 681).

These two publications are the irreplaceable texts practitioners adhere to when framing transactions using letters of credit.

The Banking Commission's Opinions represent the Commission's official interpretations of how ICC rules are to be used in specific situations. Over the years, they have not only provided unrivalled guidance to practitioners; they also have been widely cited by judges when deciding disputes involving the ICC rules of practice.

In this volume, practitioners will find answers to frequently asked questions, among them:-

  • When and on what conditions must such prepayment or purchase of a deferred payment undertaking be effected?
  • What characterizes a description of the goods that corresponds with that given in the credit?
  • How can a signing party be considered to be duly identified?
Apart from the UCP and ISBP, there are also Opinions here concerning ICC's Uniform Rules tor Collections (URC 522), its Uniform Rules tor Bank-to-Bank Reimbursements (URR 725) and its Uniform Rules tor Demand Guarantees (URDG 758). The demand guarantee rules were revised in 2010, and the current volume contains the first Opinions issued under URDG 758.

Series: International Chamber of Commerce

ICC Uniform Customs and Practice for Documentary Credits 2019 Revision: UCP 600 ISBN 9789284202805
Published October 2019
International Chamber of Commerce
Out of print
ICC Model Contract: Occasional Intermediary (Non-circumvention and Non-disclosure) ISBN 9789284203178
Published June 2015
International Chamber of Commerce
£60.00
ICC Guide to Export/Import: Global Standards for International Trade 4th ed ISBN 9789284201334
Published June 2012
International Chamber of Commerce
Out of print
International Commercial Transactions 4th ed ISBN 9789284201044
Published February 2012
International Chamber of Commerce
Out of print
£149.00
Fighting Corruption: International Corporate Integrity Handbook 3rd ed ISBN 9789284200139
Published January 2009
International Chamber of Commerce
Out of print
User's Handbook for Documentary Credit Under UCP 600 ISBN 9789284200436
Published September 2008
International Chamber of Commerce
Out of print
Insights into UCP 600: Collected Articles from DCI 2003 to 2008
Edited by: Ron Katz
ISBN 9789284200313
Published September 2008
International Chamber of Commerce
£45.00
The Complete UCP 600: Texts, Rules and History 1920 - 2007 ISBN 9789284200320
Published August 2008
International Chamber of Commerce
£54.00
ICC Banking Comission Opinions 2005 - 2008: New Opinions on UCP 600 and 500, ISBP, URC and URDG ISBN 9789284200597
Published July 2008
International Chamber of Commerce
Out of print
ICC Uniform Rules for Bank-to-bank Reimbusements: URR 725 ISBN 9789284200450
Published July 2008
International Chamber of Commerce
Out of print
We Must Talk Because We Can: Mediating International Intellectual Property Disputes ISBN 9789284200443
Published January 2008
International Chamber of Commerce
Out of print
ISBP: International Standard Banking Practice: 2007 Revision for UCP 600 ISBN 9789284200191
Published September 2007
International Chamber of Commerce
Out of print
Comparison of UCP 600 & UCP 500 ISBN 9781888870428
Published January 2007
International Chamber of Commerce
£35.00
Evaluation of Damages in International Arbitration ISBN 9789284213634
Published July 2006
International Chamber of Commerce
Out of print
Document Production in International Arbitration ISBN 9789284200115
Published January 2006
International Chamber of Commerce
Out of print
ICC Force Majeure Clause 2003: ICC Hardship Clause 2003 ISBN 9789284213191
Published December 2003
International Chamber of Commerce
Out of print
ICC Model Occasional Intermediary Contract ISBN 9789284212729
Published September 2000
International Chamber of Commerce
Out of print
ICC Guide to Incoterms 2000: Understanding and Practical Use ISBN 9789284211876
Published December 1999
International Chamber of Commerce
Out of print
ICC Model International Sale Contract ISBN 9789284212101
Published January 1997
International Chamber of Commerce
Out of print
ICC Guide to Collection Operations for URC 522 ISBN 9789284212149
Published February 1996
International Chamber of Commerce
Out of print
ICC Model Forms for Issuing Demand Guarantees: Publication number 503 ISBN 9789284211753
Published October 1994
International Chamber of Commerce
Out of print
Retention of Title: A Practical ICC Guide to Legislation in 35 Countries ISBN 9789065448170
Published February 1994
International Chamber of Commerce
Out of print
UCP 500 + eUCP ISBN 9789284213061
Published January 1993
International Chamber of Commerce
Out of print
ICC Uniform Rules for Demand Guarantees ISBN 9789284210947
Published January 1992
International Chamber of Commerce
Out of print
Collection of ICC Arbitral Awards 1974-1985 ISBN 9789284200818
Published February 1990
International Chamber of Commerce
Out of print