UCP 600 came into force on July 1st 2007. Exporters, importers, bankers, lawyers and transport professionals regularly refer to the new and changed provisions of the UCP 600 that are designed to facilitate the financing and movement of goods across borders.
UCP 600 includes a new section of “definitions”, containing terms such as “honour” and “negotiation”; a replacement of the term “reasonable time” with a definite number of days, for examining and determining compliance of documents; an expanded description of “original documents”; changed practice for notice of refusal; and re-drafted transport articles.
There are a number of UCP related titles, including:
ISBP for UCP 600
Commentary on UCP 600
Comparison of UCP 500 and UCP 600
Insights into UCP 600
User's Handbook for Documentary Credits under UCP 600
The Complete UCP
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For a limited time only, save by purchasing the UCP 600 and the ISBP together for only £35.00.Please click herefor more details.