ICC announces approval of revised eUCP version 2.0 and eURC version 1.0


At its semi-annual meeting in Beijing, held between 8-11 April, the ICC Banking Commission announced that national committees had approved the final text for a revision of eUCP (to be known as version 2.0) and the implementation of a supplement to the URC 522 (to be known as eURC version 1.0) allowing for electronic records to be submitted under a collection instruction.

The expected implementation date for both supplements is 1 July 2019. Details, and further explanations, relating to the content of these supplements will be made available to members of the website in forthcoming newsletters.

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