Course Duration: 25 hours
UCP600
One value packed day to update your professional knowhow
- New sections on “definitions” and “interpretations” - added to clarify the meaning of
ambiguous terms. - The phrase “reasonable time” for acceptance or refusal of documents—replaced by a
maximum period of five banking days. - New provisions allow for discounting of deferred payment credits
- Banks can now accept an insurance document that contains reference to any
exclusion clause.