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Electronic Letters of Credit

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The advent of new technology has presented challenges of adaptation for documentary credits. The process has not been smooth, notably in the context of original documents. The eUCP, the subject of this paper, is designed as a supplement to the UCP to permit the latter to function in relation to an entirely or partially electronic credit.

Abstract

Ⅰ. Introduction

Ⅱ. Presentation

Ⅲ. Examination of Electronic Records

Ⅳ. Corruption of Documents

Ⅴ. Refusal

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