Letter of Credit Forum

Several news outlets report that on November 3, 2008, the ICC published its  "Collected DOCDEX Decisions 2004-2008" edited by Gary Collyer and Ron Katz. The ebook comprises 40 decisions ranging from  from Uniform Customs and Practice for Documentary Credits (UCP 500 and UCP 600), to Uniform Rules on Collections (URC 522) and Demand Guarantees (URDG 458).

Decisions in the new edition cover typing errors and whether they constitute a discrepancy; amendments in standby credits; expiry date on a transferred letter of credit; and applying paragraphs in the International Standard Banking Practice (ISBP).