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UCP 600

Uniform Customs and Practice for Documentary Credits 

For complete definitions and explanations of UCP 600 Articles, click HERE.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2007 Revision

Implementation Date July 1,2007

ICC Publication No. 600LF

 

Article 1: Application of UCP

Article 2: Definitions

Article 3: Interpretations

Article 4: Credits v. Contracts

Article 5: Documents v. Goods, Services or Performance

Article 6: Availability, Expiry Date and Place for Presentation

Article 7: Issuing Bank Undertaking

Article 8: Confirming Bank Undertaking

Article 9: Advising of Credits and Amendments

Article 10: Amendments

Article 11: Teletransmitted and Pre-Advised Credits and Amendments

Article 12: Nomination

Article 13: Bank-to-Bank Reimbursement Arrangements

Article 14: Standard for Examination of Documents

Article 15: Complying Presentation

Article 16: Discrepant Documents, Waiver, and Notice

Article 17: Original Documents and Copies 

Article 18: Commercial Invoice

Article 19: Transport Document Covering at Least Two Different Modes of Transport

Article 20: Bill of Lading

Article 21: Non-Negotiable Sea Waybill

Article 22: Charter Party Bill of Lading

Article 23: Air Transport Document

Article 24: Road, Rail or Inland Waterway Transport Documents

Article 25: Courier Receipt, Post Receipt, or Certificate of Posting

Article 26: "On Deck", "Shipper's Load and Count", " Said by Shipper to Contain" and Charges Additional                     to Freight

Article 27: Clean Transport Document 

Article 28: Insurance Document and Coverage

Article 29: Extension of Expiry Date or Last Day for Presentation

Article 30: Tolerance in Credit Amount, Quantity and Unit Prices

Article 31: Partial Drawings or Shipments

Article 32: Installment Drawings or Shipments

Article 33: Hours of Presentation

Article 34: Disclaimer on Effectiveness of Documents

Article 35: Disclaimer on Transmission and Translation

Article 36: Force Majeure 

Article 37: Disclaimer for Acts of an Instructed Party 

Article 38: Transferable Credits

Article 39: Assignment of Proceeds

 

Supplement for Electronic Presentation

Article e1: Scope of the eUCP

Article e2: Relationship of the eUCP to the UCP

Article e3: Definitions

Article e4: Format

Article e5: Presentation

Article e6: Examination

Article e7: Notice of Refusal

Article e8: Originals and Copies

Article e9: Date of Issuance

Article e10: Transport

Article e11: Corruption of an Electronic Record after Presentation

Article e12: Additional Disclaimer of Liability for Presentation of Electronic Records under eUCP

 

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