UCPDC 600, one of the legal components of International Trade, is published by International Chamber of Commerce (ICC) to provide guidelines for International Trade Transactions under Documentary Credit.
How Participants Will Benefit
UCPDC provides guidelines starting from opening of L/C to delivery of goods or services.
It is the procedure of settlement of payment against claim drawn under documentary credit.
It also gives outline in relation to different types of transport documents.
It provides guidelines to settle the disputes in handling Import Export transactions.
Workshop topics to be covered:
Concept of Documentary Credit.
Role of different parties involved in Documentary credit transactions.
Brief discussion on legal framework of document credit transaction.
Brief discussion on International Chamber of Commerce (ICC).
Discussion on UCPDC-600 (articlewise)
Transport document with special attention on settlement of payment, handling of transport document and execution of transfer of L/Cs.