Unpublished Opinions of the ICC Banking Commission, 1995-2004, contains more than 120 Opinions, 109 of which have never been published in book form before.
This volume includes Opinions decided on UCP 500, URR 525, UCP 400, URC 522, URC 322 and URDG 458. Also included for the first time are Opinions relating to the eUCP, the UCP 500’s supplement for electronic presentation of documents, and ISBP, a Banking Commission checklist showing how UCP 500 should be applied in everyday practice. The ISBP, praised by practitioners, has been credited with reducing unacceptably high L/C discrepancy rates.
For years, the series of Banking Commission Opinions have guided bankers, lawyers, practitioners and academics to a clearer understanding of ICC’s universally used rules on banking practice. Unpublished Opinions is the latest of the valuable volumes in this series.