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>Uniform rules for documentary credits, collections, bank-to-bank reimbursements and demand guarantees. |
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| Members of the ICC Commission on Banking Technique and Practice and representatives from international financial institutions, private banks, and other experts met at the WTO last week to analyze the shortage of trade finance and discuss possible measures to address the problem. |
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ICC expands online trade training suite
ICC has expanded its online trade training services with the launch of DC-Master. This new online training service, developed with technology partner Coastline Solutions, is aimed at experienced documentary credit professionals who wish to augment their knowledge in key areas of documentary credit work. |
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ICC publishes three new books on UCP 600
ICC has published three new books on the recently revised Uniform Customs and Practice for Documentary Credits, ICC’s rules on letters of credit, which govern billions of dollars in trade transactions annually. The latest revision of the rules, UCP 600, came into effect on 1 July 2007. |
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