ISBP, Non-bank letters of credit and e-UCP: a commentary
Bergami, Roberto (2007) ISBP, Non-bank letters of credit and e-UCP: a commentary. Vindobona Journal of International Commercial Law and Arbitration, 11 (2). pp. 147-158. ISSN 1439-9741Full text for this resource is not available from the Research Repository.
Letters of Credit (LC), described as the ‘life blood of international commerce' are subject to a revised set of rules, the Uniform Customs and Practice for Documentary Credits 2007 revision (UCP 600) issued by the International Chamber of Commerce (ICC), effective from 1 July 2007. LC account for an estimated USD 1 trillion of global trade annually. LC can be an effective tool in managing risks.
|Uncontrolled Keywords:||ResPubID13435, Letters of Credit (LC), Uniform Customs and Practice for Documentary Credits 2007 revision (UCP 600) global trade, risk management|
|Subjects:||FOR Classification > 1402 Applied Economics
Faculty/School/Research Centre/Department > School of Economics and Finance
SEO Classification > 9103 International Trade
|Date Deposited:||07 May 2012 23:21|
|Last Modified:||07 May 2012 23:21|
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