17/04/2013At the ICC Banking Commission meeting held in
Lisbon, both the URBPO (Uniform Rules for Bank Payment Obligation) and
the ISBP (International Standard Banking Practice for the Examination of
Documents under UCP 600) were resoundly approved. The URBPO were
approved with no country voting against adoption. Only one country voted
against the adoption of the ISBP. Over the coming weeks various
articles will be added to the site covering the BPO and ISBP.
Results of ICC Survey regarding a possible revision of UCP and/or update to ISBP 821 12/02/2026
At the end of 2025, the ICC Banking Commission requested feedback from its members as to whether it was time for a revision of UCP 600 and/or an update to ISBP 821...more
Technical Advisory Briefing No. 17 - Handling of ‘surrendered’ bills of lading under documentary credits subject to UCP 600 09/02/2026
The latest ICC Trade Advisory Briefing can be found in the following link:
https://library...more
