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ICC Uniform Customs and Practice for Documentar y Credits 2007 Revision: UCP 600


ISBN13: 9789284212576
ISBN: 928421257X
New Edition ISBN: 9789284202805
Published: December 2006
Publisher: International Chamber of Commerce
Country of Publication: UK
Format: Booklet (69 Pages)
Price: Out of print



For almost 80 years, the Uniform Customs and Practice for Documentary Credits have governed letter of credit transactions worldwide.

Often lauded as the most-successful set of private rules for trade ever developed, UCP 600 contains important new provisions in the fields of transport, insurance and compliance. The revised rules—which entered into force in 2007—also provide greater clarify on the meaning of key terms used in documentary credit transactions, such as “honour” and “negotiation”.

Should be used by practitioners in conjunction with the newly-revised International Standard Banking Practice.