eUCP
Revising UCP 600: Weighing the Issues, Merits, and Challenges
In the fifth instalment of his DCW article series on major contemporary issues surrounding documentary credit practice, ICC Banking Commission Senior Technical Advisor Dave Meynell offers his thoughts on the highly-charged question: Is it time for UCP to be revised?
Simple Documentary Credit Format
In the fourth instalment of his DCW article series on major issues surrounding potential revision of UCP, ICC Banking Commission Senior Technical Advisor Dave Meynell reinforces the case for simple documentary credits and offers tips on how to construct them.
eDocuments: how harmonization is driving adoption
Argentine lawyer Jorge Riva highlights how ICC rules are already providing an adequate environment for accommodating electronic means and how intense work continues for expanded use of electronic credits.
Will A Model SBLC Form Energize eUCP Use?
Energy LEAP, an organization comprised of energy trading, service and association entities, drafted and released wording in April 2023 for
What to Watch For: Six Trends in Letter of Credit Practice (2012)
Looking back at Professor James E. Byrne's 6 predictions for LCs in 2012 - see how they hold up.
ISP98: Standby Rules Well-suited for Technological Advancements Then and Now
Dave Meynell and Gary Collyer discuss the suitability of ISP98 standby rules for current trade practices.
Electronic Bills Of Lading: Where We Are And Where We Need To Be
The evolution from traditional paper Bills of Lading to electronic formats, detailed in ICC Opinion TA.929, reflects a seismic shift; as eB/Ls gain traction through digital platforms like Bolero and pioneering blockchain technology, legal recognition and harmonization lag.
Electronic Presentation of Documents? It’s Already Happening
Despite established rules like the eUCP and eURC, the practical implementation of electronic presentations lags. Except perhaps via email and Fax...
