은행의 서류 심사에 있어서 재량권의 한계에 관한 연구

A Study on the Limits of Free Hand in the Perspective of Inspect Documents by Bank

The International Task Force which spent over two years collecting the information, identifying and reviewing the international practices, drafting accessible language for the publication and responding to input from ICC national committees. Ten nations were represented on the Task Force. The Uniform Customs and Practice for Documentary Credits' (UCP 500) complex language has seen around two thirds of beneficiaries' documents fail to meet the letter of credit (LC) terms and conditions when first presented to banks. Delayed payments and, sometimes, non-payment has resulted. The adoption of ISBP as an official publication of the ICC represents a true win-win-win situation for all the parties involved in the LC business. Exporters win by knowing how to prepare their documents correctly, thereby speeding payment and reducing cost. Importers win by receiving documents quickly and reducing or eliminating demurring costs, and banks win by handling documents one time only instead of returning them to the beneficiary to correct any discrepancies. Rather than replacing the UCP 500, the ISBP clarifies it and renders it more understandable for exporters and bankers around the world. ISBP and the next revision of the UCP whenever it occurs will be in agreement and the ISBP will not require revision at that time.