ICC Publishes eUCP Version 2.1 and eURC Version 1.1
The ICC have published an updated version of eUCP – i.e.., ICC Uniform Customs and Practice for Documentary Credits for Electronic Presentation as well as eURC – i.e., ICC Uniform Rules for Collections – Supplement for Electronic Presentation.
The eUCP is a supplement and digital companion to the UCP 600 in purely digital form, allowing a quicker and safer way for financing trade.
The eURC supplements the Uniform Rules for Collections (1995 Revision, ICC Publication No. 522) (“URC”) in order to accommodate presentation of electronic records alone or in combination with paper documents.
The updates are outlined in this lcviews blog
Download the new version of eUCP here.
Download the new version of eURC here.