DCW Monthly: June 2026
A letter of credit is built on a simple promise: the bank pays on a complying demand, and the underlying
ICC republished four guidance papers on recommended principles and usages around the UCP600 rules in February 2023. The collection of materials address the following topics:
The Set of Guidance Papers (41 pages) is freely available on the ICC website.
Gain full access to analysis, cases, eBooks and more with a DCW Free Trial