The Purpose of this Article is to analyze the main contents and characteristics of UCP 600. "The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication No. 600(UCP 600)" were approved by the Banking Commission 25 October ...
The Purpose of this Article is to analyze the main contents and characteristics of UCP 600. "The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication No. 600(UCP 600)" were approved by the Banking Commission 25 October 2006. UCP 600 will now come into effect on 1 July, giving practitioners more than six months to prepare for the change.