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LC is a means of settlement of international trade conventions. International Chamber of Commerce "with the Uniform Customs and Practice for Documentary Credits" of the rights and obligations of the parties with LC, The terms of the business and a uniform interpretation, as LC norms of behavior. With the development of international trade, new modes of transport and communication methods, and the use of the "UCP" exposed in the course of the International Chamber of many of its revised. The latest version goal No. 5 in 1993, known as the "Uniform Customs and Practice for Documentary Credits, 1993 Revision. International Chamber of Commerce Publication No. 500 "(UCP 500), on January 1, 1994 implementation.
"UCP 500" has been widely accepted for national banks. In the opening of letters of credit in the body, to show "UCP 500", and therefore binding on all the parties.
"UCP 500" provisions of the letter of credit business, embodies the independence, integrity, reliability and operational unity. Common operations Exchange : Following is a brief introduction to the main provisions should not be issued to the applicant. Bank trial run single to the receipt of the documents the next day, seven days banks. Negotiated deal with the company when the negotiation Exchange and / or documents to pay the price, the price paid not only to examine documents does not constitute a negotiation. Credit for the changes, the beneficiary can be made to accept or not to accept the notice, nor can remain silent until documented, Laws alone, according to diplomatic single book system, acceptance, changes in force. If not amended by the single book system should also serve notice to show that the beneficiary refused. The signing of the transport document must indicate that the carrier (or multimodal transport operator) or his agent identity agent signed by the agent should indicate the (carrier) the identity or name. The prohibition of credit transfer provisions, which only port-to-port shipping container in the form of trans-shipment of non-binding. The shipment period to the date on which the document issued if another shipment date of the invoices, take-off date takeover date of endorsement by the carrier allocated the later. Invoices must be opened by the beneficiary, if not the letter of credit provides the necessary signatures, invoices can not sign. LC business under various fees by the instructing party burden. Even if the letter of credit provided by the beneficiary or other person such cost burden, and if he refused to pay, payment instructions still maintains that the ultimate responsibility. Therefore, the ultimate responsibility for the cost of issuing the applicant. For the latter type, if it provides for revocation shall not removed; Only "Transferable", which were considered negotiable.
You didn't say what you want!
虽然没有各国之间的正式协议,贸易条件在国际贸易术语定义,最初由国际商会(ICC)在1936几次更新后推出,被广泛接受世界各地。一些美国企业通常国内,继续引用条款,如果世界仍在使用1941年美国对外贸易定义修订,其中几乎每六个条款中的其中一个版本都是以前缀“离岸”开始。但是今天的各种运输方式不再允许的。对于所有的国际运输,国际贸易术语应采用清晰和自我的保护
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