eUCP의 문제점에 관한 연구

A Study on the Problems of eUCP

UCP 500 has been used for over 60 years to govern the operation of documentary credits. With the current evolution from paper to electronics credits. It was determined that the market was looking to the ICC to provide guidance in this transition. In response, the ICC Banking Commission established a Working Group consisting of experts in the UCP, electronic trade, legal issues and related industries, such as transport, to prepare the appropriate rules as a “supplement” to the UCP. The result is the new Supplement to the Uniform Customs and Practice for Documentary Credits for Electronic Presentation or “eUCP”. The eUCP is not a revision of the UCP. It is a supplement intended to deal with situations where presentations are made electronically. This is in response to developments in the market place, which are likely to see a steady replacement of paper documents by electronic presentations. This new electronic supplement came into force on April 1, 2002. The purpose of this paper is to enhance the understanding of eUCP by studying the problems of eUCP.