Uniform Customs and Practice for Documentary Credits

eUCP 2.1 – Uniform Customs and Practice for Documentary Credits for Electronic Presentation Version 2.1

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eUCP 2.1 or the Uniform Customs and Practice for Documentary Credits for Electronic Presentation Version 2.1 is a supplement to the UCP 600. It was published by the International Chamber of Commerce (ICC) in order to accommodate presentation of electronic records under a letter of credit. The eUCP 2.1 applies to a letter of credit … Read more

UCP 600 – Uniform Customs and Practice for Documentary Credits

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UCP 600 stands for “Uniform Customs and Practice for Documentary Credits, 600.” It is a set of rules published by the International Chamber of Commerce (ICC) that govern the use of documentary credits in international trade. A documentary credit or a letter of credit is a financial instrument that acts as a guarantee of payment … Read more