UCP 600 : ICC Uniform Customs and Practice for Documentary Credits

ICC Uniform Customs and Practice for Documentary Credits
UCP 600

ICC Publication No. 600E August 2007

Available in Book Format:

- ICC Publication No. 600
- 72 pages, size 13.5 x 23 cm

UCP 600, ICC's new rules on documentary credits, were approved by the ICC Banking Commission on 25 October, 2006.

UCP 600, which will come into effect on 1 July 2007, contains significant changes you will need to know, including:

* A reduction in the number of articles from 49 to 39;
* New articles on "Definitions" and "Interpretations" to provide more clarity
and precision in the rules;
* The replacement of the phrase "reasonable time" for acceptance or refusal
of documents by a firm period of five banking days;
* New provisions which allow for the discounting of deferred payment credits;
* A definitive description of negotiation as purchase� of drafts of documents.

The new UCP 600 also contains within the text the 12 Articles of the eUCP, ICC's supplement to the UCP governing presentation of documents in electronic or part-electronic form.

Used by letter of credit practitioners worldwide, the Uniform Customs and Practice for Documentary Credits (UCP) are the most successful private rules for trade ever developed. Bankers, traders, lawyers, transporters, academics and all who deal with letter of credit transactions worldwide, will refer to UCP 600 on a daily basis.


Table of Contents


# ICC Uniform Customs and Practice for Documentary Credits (UCP 600) -


ISBN 92-842-0007-5 / 978-92-842-0007-8
Size 21 x 27 cm, 8 pages.


Also Available in Bilingual Version same Price
Bilingual English/French Book Format:

- ICC Publication No. 600 EF
- 116 pages, size 13.5 x 23 cm

Bilingual English/French Book Format:
- ICC Publication No. 600 EF
- 116 pages, size 13.5 x 23 cm



Also Available in Leaflet Format

UCP 600 Leaflet Format

The leaflet contains the full text of the UCP 600 (including the 12 articles of the eUCP, governing presentation of documents in electronic or part-electronic form) in a handy format:

- ICC Publication No. 600L
- 8 page, fold-out Leaflet, size 21 x 29.7 cm
- Sold in sets of 25 Leaflets

Leaflet version priced at $389.95. Listed Elsewhere in our website

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