UCP 600 reminds banks that they deal with documents, not goods, services, or performance. This is the "autonomy principle."
The and ISBP 681 (now succeeded by ISBP 821 ) are the two fundamental pillars of the documentary credit system used in international trade.
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UCP 600 reminds banks that they deal with documents, not goods, services, or performance. This is the "autonomy principle."
The and ISBP 681 (now succeeded by ISBP 821 ) are the two fundamental pillars of the documentary credit system used in international trade. ucp 600 and isbp 681pdf