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UCP 600의 새로운 개념도입상의 문제점과 해결방안에 관한 연구
최석범(Seok-Beom Choi),나정호(Jung-Ho Na),홍재성(Jae-Seong Hong),동혜(Hui Dong),유수철(Su-Cheol You) 한국관세학회 2010 관세학회지 Vol.11 No.1
UCP 600 as the latest version of the Uniform Customs and Practice for Documentary Credits was valid on July 1, 2007. The latest revision of UCP was substantial for the practice of documentary credit and improved the exactness and clearness and plainness. UCP 600 introduced the definitions Article and Interpretations Article for clearness for application of UCP 600 to the practice of trade communities. And in the definitions Article are introduced new terms such as complying presentation, credit, honour, negotiation etc. In particular as new important term honour meas to pay at sight, to incur a deferred payment undertaking and pay at maturity and to accept a draft and pay at maturity. But honour does not include to negotiate without recourse. Under UCP 600, a nominated bank can prepay or purchase a draft accepted or a deferred payment undertaking incurred by that bank as the issuing bank is allowed to authorise the bank to do so. This paper deals with the new definitions of UCP 600 and the problems and solutions in the application of new definitions to the practice of documentary credits. The purpose of this paper is to contribute to the understanding of UCP 600 by studying the problems and solutions in the new definitions of UCP 600.
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