Home
About us
Pay subscription
Contact
Register
Members Login
Bank Clients
Corporate Clients
Trade Information
On-Line Training
News
News
News Categories
Recent News
News by Month
August 2025
July 2025
September 2024
August 2024
July 2024
April 2024
February 2024
December 2023
November 2023
September 2023
August 2023
July 2023
June 2023
May 2023
March 2023
February 2023
December 2022
November 2022
September 2022
July 2022
June 2022
April 2022
March 2022
February 2022
November 2021
October 2021
September 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
November 2020
September 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
June 2019
May 2019
April 2019
February 2019
November 2018
October 2018
June 2018
May 2018
April 2018
February 2018
January 2018
November 2017
August 2017
July 2017
June 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
eUCP Version 2.0 and eURC Version 1.0 available for download
25/06/2019
The ICC has now made available the above supplements to UCP and URC. The documents can be downloaded here
eUCP Version 2.0.pdf
and
eURC Version 1.0.pdf
Back to recent news
Recent News
ICC Trade Advisory Briefing list updated
28/08/2025
The list of ICC Trade Advisory Briefing notes has been updated with numbers 13 and 14...
more
TradeSpeed - the Automated Document Examination platform of choice
22/08/2025
I have mentioned previously that I have been acting as an advisor/consultant to a company called Complidata who are based out of Belgium...
more
Latest Question
When the remitting bank’s charges are to be borne by the drawee, as per URC 522 article 4 (b) (viii) “charges to be collected, indicating whether they may be waived or not”, the remitting bank must indicate such information on the collection instruction and indicate whether they may be waived or not. When the remitting bank’s charges are to be borne by the principal, the collection instruction would not show their charges. When the collecting bank’s charges are to be borne by the principal, as per URC 522 sub-article 21 (c) “In all cases where in the express terms of a collection instruction or under these Rules, disbursements and/or expenses and/or collection charges are to be borne by the principal, the collecting bank(s) shall be entitled to recover promptly……”, the remitting bank should indicate such information on the collection instruction Question: When the collecting bank’s charges are to be borne by the drawee, must the collection instruction indicate such information? In other words, if not, i.e., the collection instruction is silent with regard to the collecting bank’s charges, the collecting bank may collect their charges from the principal and deduct their charges from the payment. Is it reasonable?
X
