UCP600 and Changes of International Settlement
Dawei Yao
Abstract
Dawei Yao
Abstract
This paper reviewed the history of the UCP,and compared the different of UCP600 and UCP500.Analyzes the influences by UCP600 to other rules and every party of involving L/C.,and gives some suggestionsto every party,so that ensure the effect of UCP600.
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This paper reviewed the history of the UCP,and compared the different of UCP600 and UCP500.Analyzes the influences by UCP600 to other rules and every party of involving L/C.,and gives some suggestionsto every party,so that ensure the effect of UCP600.
Key concepts: Settlement (finance), Business, Political science, Finance, Payment