신용장거래에서 ISBP의 상업송장 심사기준에 관한 고찰

Examination Standards of Commercial Invoice under the ISBP in Letter of Credit Transactions

&nbsp;&nbsp;In February 2003, International Chamber of Commerce&quot;s long-awaited publication "International Standard Banking Practice for the Examination of Documents under Documentary Credits(ISBP)" was published after the approval by the full commission at its meeting in Rome in October 31, 2002. The ISBP has been written to help businesses which use Uniform Customs and Practice for Documentary Credits, 1993 Revision(UCP 500) as a practical complement to the UCP 500.<BR>&nbsp;&nbsp;This paper reviewed the examination standards for invoices provided in the ISBP. The ISBP provides for the examination standards on definition, name and address, description of the goods, quantity, originals and copies and other general issues related to invoices based on the standard banking practices and opinions of the ICC banking commissions. By using the examination standards for invoices provided in the ISBP, the traders will be able to prepare documentation more perfectly and document checkers will be able to examine the invoices more easily. So, it is expected to reduce discrepancy rate of the invoices and to prevent disputes resulted from the discrepancies of the invoices.