Commentary on UCP 600

Online Shop | International Chamber of Commerce (ICC) Publications  | Letters of Credit - UCP 600 Series |  Commentary on UCP 600

Commentary on UCP 600

Free UK delivery on Commentary on UCP 600
Commentary on UCP 600

£25.20
 RRP: £28.00
You save £2.80 (10.0%)




ISBN:9789284200153
Published 2007
ICC product code 680


The International Chamber of Commerce (ICC) has established rules on documentary credits worldwide for more than 70 years. UCP 600, the latest version of ICC's universally used rules on documentary credits, came into effect on July 1, 2007.

Members of the Drafting Group that developed the new UCP have produced an article-by-article Commentary on the rules. Commentary on UCP 600, which reflects the Group's personal views*, explains their rationale behind the changes in the rules and clarifies the general principles that underlie them.

It frankly addresses the contentious issues in the new rules, among them:,the term 'on their face' and why it was dropped in all but one UCP article; the removal of the words 'reasonable time'; the language allowing discounting of deferred payment credits; and the new article on 'Definitions', containing terms such as 'honour' and 'negotiation'.

On these and other key points, Commentary on UCP 600 provides an invaluable insight into the thinking of those who drafted the new UCP.

Practical, compact and easy-to read, Commentary on UCP 600 will be a reference book of choice for students and users of the new UCP.

*Note that Commentary on UCP 600 reflects the personal views of the UCP Drafting Group. It does not necessarily reflect the views of the full ICC Banking Commission.






Related Publications:

UCP 600

UCP 600

Insights into UCP 600

Insights into UCP 600
 



Online Shop | International Chamber of Commerce (ICC) Publications  | Letters of Credit - UCP 600 Series |  Commentary on UCP 600

Civil Service Yearbook
The new Civil Service Yearbook 53rd Edition - Pre-order now.
Civil Service Yearbook 52nd Edition available now
Buy The Civil Service Yearbook
IMDG Code
2014 Edition
The new IMDG Code is in stock now.
IMDG Code 2014 available now
Buy The IMDG code
New Products

The Report of the Iraq Inquiry

European Pharmacopoeia 9th Edition Download Subscription 2018 (9.3, 9.4 and 9.5)

European Pharmacopoeia 9th Edition Download Subscription 2018 (9.3, 9.4 and 9.5)

£396.00 (Excl VAT)

find out more

European Pharmacopoeia 9th Edition Book Subscription 2017 (9.0, 9.1 and 9.2)

European Pharmacopoeia 9th Edition Online Subscription 2018 (9.3, 9.4 and 9.5)

European Pharmacopoeia 9th Edition Online Subscription 2018 (9.3, 9.4 and 9.5)

£396.00 (Excl VAT)

find out more

European Pharmacopoeia 9th Edition Book Subscription 2018 (9.3, 9.4 and 9.5)

Judicial and Court Statistics 2016

Statistical Digest of Rural England 2017

Bookmark us via QR code
Worldwide Delivery
Secure Payment
Secure Payment
Best Sellers

Civil Service Yearbook 53rd Edition 2016/17 Online Access

Civil Service Yearbook 53rd Edition 2016/17 Online Access

£80.00 (Excl VAT)

find out more

UN ADR 2017 (Books) Two Volume Set

CCH Hardman's Tax Rates & Tables 2016-17 (1st edition)

HSE Approved Codes of Practice - Six Pack (6 Pack) Pack of 6 Books

ISPS - Ship Security Officer, 2012 Edition (Model course 3.19) e-book (PDF Download)

ISPS - Ship Security Officer, 2012 Edition (Model course 3.19) e-book (PDF Download)

£22.50 (Excl VAT)

find out more

IMDG Code 2014 Edition (inc Amdt 37-14) Book (2 vols)