01818 233127
In stock
ibb banking diploma

We accept
This revision of the Uniform Customs and Practice for Documentary Credits (commonly called "UCP") is the sixth revision of the rules since they were first promulgated in 1933.
• The objective of UCP, since attained, was to create a set of contractual rules that would establish uniformity in that practice, so that practitioners would not have to cope with a plethora of often conflicting national regulations. The universal acceptance of the UCP by practitioners in countries with widely divergent economic and judicial systems is a testament to the rules' success.
• It is important to recall that the UCP represent the work of a private international organization, not a governmental body.

No review found.

Be first to review this product. Write your opinion about this product and our service.

Add review

Please login to add a review.