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Incoterms 2010 seminar series  




 

  


 

UCP 500 & 400 Compared

Price: $30.00
Out of stock
Item No.: 511
ISBN: 978-92-842-1157-9

UCP 500 & 400 Compared
An Article-by-Article Detailed Analysis of the UCP 500 Compared with the UCP 400

Pub No. 511
Paperback
8 1/2 inches x 12 inches
1993 Edition
134 pages

UCP 500 and 400 Compared was developed to train managers, supervisors and general practitioners of international trade in critical areas of the UCP 500 Rules.  It pays particular attention to those Articles that have been the source of misunderstanding, misapplication and litigation. 

UCP 500 and 400 Compared incorporates, not only the texts of UCP 500 and UCP 400, but also extensive commentaries on the rationale for the rewrite of the Articles.

Whatever your interest in the UCP 500, ICC's UCP 500 and 400 Compared will serve as a unique reference to respond to your questions.  You will want to have this volume on your desk when you engage in a documentary credit transaction. 
 
 
Table of Contents
 

A.  General Provisions and Definitions
     
Application of UCP 500
     Meaning of Credit
     Credits v. Contracts
     Documents v. Goods / Services / Performances
     Instructions to Issue / Amend Credits

B.  Form and Notification of Credits
     Revocable v. Irrevocable Credits
     Advising Bank's Liability
     Revocation of a Credti
     Liability of Issuing and Confirming Banks
     Types of Credit
     Teletransmitted and Pre-Advised Credits
     Incomplete or Unclear Instructions
 
C.  Liabilities and Responsibilities
    
 Standard for Examination of Documents
     Discrepant Documents and Notice
     Disclaimer on Effectiveness of Documents
     Disclaimer on the Transmission of Messages 
     Force Majeure
     Disclaimer for Acts of an Instructed Party
     Bank-to-Bank Reimbursement Agreements
 
D.  Documents
     Ambiguity as to the Issuers of Documents
     Unspecified Issuers or Contents of Documents
     Issuance Date of Documents v. Credit Date
     Marine/Ocean Bill of Lading
     Non-Negotiable Sea Waybill
     Charter Party Bill of Lading
     Multimodal Transport Document
     Air Transport Document
     Road, Rail or Inland Waterway Transport Documents
     Courier and Post Receipts 
     Transport Documents Issued by Freight Forwarders
     "On Deck", "Shipper's Load and Count", Name of Consignor
     Clean Transport Documents
     Freight 
Payable/Prepaid Transport Documents
     Insurance Documents
     Type of Insurance Cover
     All Risks Insurance Cover
     Commercial Invoices
     Other Documents
 
E.  Miscellaneous Provisions
     Allowances in Credit Amount, Quantity and Unit Price
     Partial Shipments/Drawings
     Installment Shipment /Drawings
     Expiry Date and Place for Presentation of Documents
     Limitation on the Expiry Date 
     Extension of Expiry Date
     Hours of Presentation
     General Expressions as to Dates for Shipment
     Date Terminology for Periods of Shipment
 
F.  Transferable Credit
     
Transferable Credit
 
G.  Assignment of Proceeds
     
Assignment of Proceeds
 
 
 
 

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