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Commentary on UCP 600

Author ICC
Publisher ICC Publishing, Inc.
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Book Details
Author(s)ICC
ISBN / ASIN9284200156
ISBN-139789284200153
AvailabilityIn stock. Usually ships within 2 to 3 days.
Sales Rank3,572,100
MarketplaceUnited States 🇺🇸

Description

The International Chamber of Commerce (ICC) has established rules on documentary credits worldwide for more than 70 years. UCP 600, the latest version of ICC's universally used rules on documentary credits, came into effect on July 1, 2007.

Members of the Drafting Group that developed the new UCP have produced an article-by-article commentary on the rules. Commentary on UCP 600, which reflects the Group's personal views, explains their rationale behind the changes in the rules and clarifies the general principles that underlie them.