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UN endorses ICC Uniform Rules for Forfaiting (URF 800)

23/08/2017 At its 50th plenary session held in Vienna on 14 July, the United Nations Commission on International Trade Law (UNCITRAL) officially endorsed the ICC publication 800 "Uniform Rules for Forfaiting" (URF 800).

See here for the ICC web story UN endorses ICC Uniform Rules for Forfaiting .pdf

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Recent News

Summer 2026 Newsletter added to Members Trade Information Section 29/07/2026

The latest (Summer 2026) newsletter has been added to the Newsletter section of the Members Trade Information section and reflects on the discussions at the recent ICC Banking Commission meeting including the 6 Opinions that were approved...more

Enabling digital trade through legal reform: A guide for policymakers and practitioners 12/05/2026

The ICC’s Digital Standards Initiative recently published a new MLETR implementation guide “Enabling digital trade through legal reform: A guide for policymakers and practitioners”, to support adoption of legally recognised electronic transferable records...more

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The credit amount is USD100.00 and field 45A indicates: Good AAA CIF XXXXXX Total USD100.00 (+/-10%) FOB amount: USD80.00 Freight charges: USD15.00 Insurance charges: USD5.00 Presented invoice shows: Good AAA CIF XXXXXX Total USD110.00 FOB amount: USD85.00 Freight charges: USD18.00 Insurance charges: USD7.00 Is it acceptable? Why?