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- UCPDC-600. Articles of new UCPDC 600 ICC Rules.
UCPDC-600. Articles of new UCPDC 600 ICC Rules.
- By Super Admin
- Published 2 July 2007
- Report, Assignment, Case Study and Term Paper
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UCPDC-600. Articles 1 to 20
Article 1: Application of UCP
Article 2: Definitions
Common definition of -
Advising Bank
Applicant
Banking Day
Beneficiary
Complying Presentation
Confirmation
Confirming Bank
Credit
Honour
Issuing Bank
Negotiation
Nominated Bank
Presentation
Presenter
Article 3: Interpretation
Interpretation of words such as 'first class', 'qualified', 'well known', 'official', 'competent', 'independent', 'local', 'prompt', 'immediately', 'as soon as possible', 'on or about', 'to', 'until', 'till', 'between', 'from', 'before', 'after', 'first half', 'second half', 'middle', 'beginning', 'end', etc and its effects.
Article 4: Credit v. Contracts
Article 5: Documents v. Goods, Services or Performance
Article 6: Availability, Expiry Date and Place for Presentation
Article 7: Issuing Bank Undertaking
Article 8: Confirming Bank Undertaking
Article 9: Advising of Credits and Amendments
Article 10: Amendments
Article 11: Teletransmitted and Pre-Advised Credits and Amendments
Article 12: Nomination
Article 13: Bank-to-Bank Reimbursement Arrangements
Article 14: Standard for Examination of Documents
Article 15: Complying Presentation
Article 16: Discrepant Documents, Waiver and Notice
Article 17: Original Documents and Copies
Article 18: Commercial Invoice
Article 19: Transport Document Covering at least Two Different Modes of Transport
Article 20: Bill of Lading
Article 2: Definitions
Common definition of -
Advising Bank
Applicant
Banking Day
Beneficiary
Complying Presentation
Confirmation
Confirming Bank
Credit
Honour
Issuing Bank
Negotiation
Nominated Bank
Presentation
Presenter
Article 3: Interpretation
Interpretation of words such as 'first class', 'qualified', 'well known', 'official', 'competent', 'independent', 'local', 'prompt', 'immediately', 'as soon as possible', 'on or about', 'to', 'until', 'till', 'between', 'from', 'before', 'after', 'first half', 'second half', 'middle', 'beginning', 'end', etc and its effects.
Article 4: Credit v. Contracts
Article 5: Documents v. Goods, Services or Performance
Article 6: Availability, Expiry Date and Place for Presentation
Article 7: Issuing Bank Undertaking
Article 8: Confirming Bank Undertaking
Article 9: Advising of Credits and Amendments
Article 10: Amendments
Article 11: Teletransmitted and Pre-Advised Credits and Amendments
Article 12: Nomination
Article 13: Bank-to-Bank Reimbursement Arrangements
Article 14: Standard for Examination of Documents
Article 15: Complying Presentation
Article 16: Discrepant Documents, Waiver and Notice
Article 17: Original Documents and Copies
Article 18: Commercial Invoice
Article 19: Transport Document Covering at least Two Different Modes of Transport
Article 20: Bill of Lading
