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The ICC Uniform Customs and Practice for Documentary Credits
(UCP), first published in 1933, are the universally recognised set of Rules
governing the use of the Documentary Credit in international commerce.
Banking associations and individual banks in more than 160 countries and
territories adopted the previous revision of 1983.
This revision of the UCP the first for 10 years, takes into account a
range of important considerations- including international judicial
decisions, technological innovations in banking and other industries, case
studies and day-to-day practice – to offer a thoroughly revised and
up-to-date series of Rules.
Three years in preparation, the 49 Articles of the new UCP – Which will
come into effect on January 1, 1994 - are indispensable guide to
Documentary Credit usage. They provide a comprehensive and practical
working aid to bankers, lawyers, importers, exporters transport executives
and everyone involved in international trade.
Rs 590/-
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