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What is UCP 600?

Anonymous

∙ 15y ago

Updated: 8/19/2023

Respected Sir/Madam,

Please guide me regarding the L/C clause No. 47 A 8 as per latest version of UCP 600, As my Bank from where I am establishing my L/C's mentions in the clause 47 A 8 that if my shipping documents have any discrepancy they will charge the beneficiary of the said L/C US $ 50/= as discrepancy charges.

How far it is correct?

And suppose I give them in writing at the time of receiving my original shipping documents that I will accept the discrepancy, Still they will charge US $ 50/= from the beneficiary of the said L/C ? or they will not charge ?

Please guide me.

With best regards.

Afzal.

Karachi

Wiki User

∙ 15y ago

What else can I help you with?

Link to download ucp 600?

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See Here for a free copy of UCPDC 600- http://www.chelinvest.ru/corp/currency/UCP_600_2007_208751_v1.pdf

Where can you download a free copy of ucp 600?

UCP 600 is a set of rules published by the International Chamber of Commerce (ICC) and is not typically available for free download. You can purchase a copy from the ICC's website or other authorized distributors.

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