UCP 600 개정초안의 주요 내용에 대한 고찰

A study on the UCP 600 revision draft.

International Chamber of Commerce(commonly called “ICC”) is making revision of the rules This revisions of the Uniform Customs and Practice for Documentary Credits (commonly called “UCP”) is the sixth revision of the rules since they were first promulgated in 1933. UCP 600 revision drafts are reflecting the ISBP for examine documents. For example, it does revise that definite banking standard for shipping date. and when shipping port shows on a blank of given place, it's acceptable. That's a reflecting the ISBP para 80. During a long time, taken issue with “on its face" delete from UCP 500. And the time for examination documents cut down from seventh banking days to fifth banking days. All of this, reflecting practice for speedy transaction. UCP 600 revision drafts are desirable rule for keep away against rising cost for Letter of Credit business.