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UCP 600

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>Uniform rules for documentary credits, collections, bank-to-bank reimbursements and demand guarantees.

ICC updates bank-to-bank reimbursement rules

Paris, 18 July 2008

ICC announced today that an updated version of its Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits (URR) will take effect on 1 October 2008.

Looking ahead: New ICC project on financial market scenarios
Paris, 4 July 2008 As financial turbulence reaches unprecedented levels worldwide amid the recent credit crunch, ICC’s Commission on Financial Services and Insurance (FSI) recently conducted breakthrough research into the future shape of financial markets.

ICC Commission on Financial Services and Insurance meeting to focus on financial turbulence
Paris, 28 May 2008 As financial turbulence reaches unprecedented levels around the world, a group of top experts and representatives of international institutions will participate in ICC’s Commission on Financial Services and Insurance meeting taking place next week in Paris.

ICC publishes three new books on UCP 600
Paris, 10 April 2008 ICC has published three new books on the recently revised Uniform Customs and Practice for Documentary Credits, ICC’s rules on letters of credit, which govern billions of dollars in trade transactions annually. The latest revision of the rules, UCP 600, came into effect on 1 July 2007.

ICC Commission on Banking to focus on innovation in trade finance solutions
Paris, 3 April 2008 ICC’s Commission on Banking will for the first time introduce a series of panel discussions under a central theme, Innovations in Trade Finance Solutions, on the second day of its meeting, which will take place in Athens on 15-16 April.

New online training in letters of credit and UCP 600
Paris, 19 September 2007 ICC’s new online training services for documentary credits and UCP 600, developed with technology partner Coastline Solutions, are becoming increasingly popular within the international trade community for keeping up with the latest changes in letter of credit and trade finance practice.

New edition of ISBP is published
Paris, 20 July 2007 An updated version of ICC’s popular banking publication, International Standard Banking Practice (ISBP) for the Examination of Documents Under Documentary Credits, is now available.

ICC’s new rules on documentary credits take effect
Paris, 1 July 2007 ICC’s universally used rules on documentary credits, UCP 600, come into effect on 1 July 2007.