Payment instrumentsucp-600
UCP 600
The ICC rules governing documentary letters of credit; the standard a presentation is examined against.
UCP 600 (Uniform Customs and Practice for Documentary Credits, 2007 revision) is the ICC rulebook banks use to examine documents presented under a letter of credit. It defines a complying presentation, the document-examination standard (Article 14), on-board notation (Article 20), and more. OilFlow's free LC discrepancy checker screens a presentation against the UCP 600 rules. Not a substitute for a documentary examiner.
See also