??UCP600 ????????

1
????????? ????

• ???

2
??UCP600????????
3
UCP600?????

• 1.?????????????
• ???????????
• 2.UCP500???????????
• ???????????????
• ???????,??????????????
• ?????????
• ???????????
• ??????????????????????

4
UCP600?????

• 3.????????????
• Position Paper
• URR525
• ISP98
• The determination of an original doc
• eUCP
• Discrepant Documents, Waiver and Notice
• Transferable Credits and the UCP500
• When a non-bank issues a letter of credit
• ISBP

5
UCP600?????

• ?9? ??????????(26?)
• ?13? ???????(43?)
• ?14? ????????(60?)
• ?21? ???????????????(29?)
• ?23? ????(47?)
• ?37? ????(26?)
• ?48? ??????(31?)

6
UCP600?????

• 1.????2003?5???
• 2.????UCP Drafting Group ?Consulting Group?ICC
  national committees
• 3.????
• ?????????????
• ????????????
• ??????????????????
• ????????????????
• ??????????????
• ????????????

7
UCP600?????

• 1.????ICC???????DOCDEX???
• 2.????????????????
• 3.??ICC??????????
• 4.???????
• 5.??????????????
• 6.?????????,?????????
• 7.????????????????
• 8.???????????

8
UCP600???????

• 1.??ON ITS FACE?
• 2.??REASONABLE TIME?
• 3.??BANKS ?? PARTIES?
• 4.???UCP600???ISBP?
• 5.????????????
• 6.????UCP500?28??
• 7.??UCP500?30??
• 8.?????????????
• 9.??????? ?
• 10.??

9
UCP600?????

• 1.????2006?10?
• 2.????910
• ????????????2006?10?????UCP?ICC????????????
• ICC?????????????,???????????????????????????
• 3.????2007?7?1?

10
??UCP600?UCP500???????
11
?1? ?????????

• 1.??
• rules
• 2.????
• Documentary Credit,Standby L/C
• 3.????
• when the text of the credit expressly indicates
  that it is subject to these rules.
• 4.?????????
• unless expressly modified or excluded by the
  credit

12
?2? ??

• 1.???????????????????
• 2.???????????????
• 3.????????????????????????????????
• ?????
• ??banking hours???
• 4.???????????????????

13
?2? ??

• 5.?????????????????????????????????????????
• ????????
• UCP,ISBP
• ICC PUBLICATION,ICC POSITION PAPER,DOCDEX??
• ??,??,??

14
?2? ??

• 6.??????????????????????????????
• Definite
• in addition to that of the issuing bank
• 7.???????????????????????????
• upon the issuing banks authorization or request

15
?2? ??

• 8.?????????????,??????????,???????????????????????
  ?
• irrevocable
• Undertaking
• of the issuing bank ?
• However named

16
?2? ??

• 9.??(Honour)??a. ??????????,??????b.
  ?????????????,????????????????? c.
  ???????????,?????????????????????

UCP600 ???? 1.?? ????
?? 2.??
UCP500 1.???? 2.???? 3.?? 4.??
17
?2? ??

• 10.????????????????????????
• ????
• ?????
• ????

18
?2? ??

• 11.?????????????,?????????????????,??????????????,
  ??????(??????????????)?/???????
• purchase of drafts (drawn on a bank other than
  the nominated bank) and /or docus
• by advancing funds
• by agreeing to advance funds
• on or before the banking day on which
  reimbursement is due to the nominated bank.

19
?2? ??

• Negotiation???
• UCP500
• Giving the value
• ICC Position Paper No 2
• making immediate payment
• undertaking an obligation to make payment
• available by beneficiarys draft on the issuing
  bank at 120 days sight from the date of
  negotiation

20
Credit Agricole Indosuez Vs. Banque Nationale de
Paris
?? ???
available against presentation of drafts at 180
days from the date of negotiation by deferred
payment
1????
2??

• C.A.I.
• ???

• B.N.P.
• ???

• ???

5??
3??
6?????
4??????
7???????
21
?2? ??

• 12.???????????????,????????????????,????????????
• 13.????????????????????????,???????????
• the delivery of documents
• the documents so delivered
• Send sth(aimed or guided)to intended place
• 14.?????????????????????
• ??????????
• ??????????

22
?3? ??

• 1.?????
• 2.?????????
• ????
• 3.???????
• ???????????????
• 4.???????????
• ??authenticated,validated
• ???????????????

23
?3? ??

• 5.?????????????
• separate banks
• 6.??????????????
• ??????,???????
• 7.??????
• prompt, immediately,as soon as possible
• ????
• 1/3 BL send to applicant immediately after
  shipment. A cert to this effect required.
• unless required to be used in a document

24
?3? ??

• 8. on or about????????
• ?11????
• ???an event is to occur
• 9.to,until,till,from,between(including)
• before,after (excluding)
• ???????????
• ??between,before

25
?3? ??

• 10. from,after (excluding)
• ??????????
• 30 days from 20070101
• 30 days after 20070101
• 11.??????????
• 12.???????????

26
?4? ???v.??

• 1.?????????
• 2.??honour???
• 3.????????????????
• ?????????????????????????????????????
• ?????workable

27
?5? ?????/?????

• 1.?????????
• 2.???????
• UCP500
• all parties concerned?
• UCP600
• Banks deal with documents and not with
  goods,services or performance to which the
  documents may relate

28
?6? ?????????????

• 1.??????????
• ???????
• ????????????
• ???????????
• 2.??????????
• ????
• ????
• ??
• ??

29
?6? ?????????????

• 3.??????????
• ??(must not)??????????
• 4.????????
• ??????????
• 5.????????
• ???????
• ???????
• ??????
• 6.????????
• ???????

30
?7? ??????

• 1.????
• a.????
• b.????
• c.??
• d.??????

• 2.??????
• a.????
• b.????
• c.??
• d.??

???????????? ???????????????? ????????
31
?7? ??????

• 3.??????
• ??????????(honour)
• ?????????????????????????
• ???????????????????,???????????????????,??????????
  ???
• ????????????????????????

32
?8? ??????

• 1.????
• a.????
• b.????
• c.??
• d.??????
• e.??????

• 2.??????
• a.????
• b.????
• c.??
• d.??

??????????? ??????????? ????????
33
?8? ??????

• 3.??????
• ??????????(honour)
• ?????????????????????????
• ???????????????????,???????????????????,??????????
  ???
• ????????????????????????
• 4.????
• ??????

34
?9? ?????????

• 1.????
• ???????? ,??????????
• 2.????
• ???????
• ?????????????
• 3.????
• ??????????
• SWIFT MT700 ADVISE THOUGH
• ???????????????????????????????????,??????????

35
?10? ??

• 1.??????????
• 2.?????????
• ???????,???????
• 3.??????
• ??????
• 4.??????
• ???????????????
• 5.??????
• ??????????
• ?????????

36
?11? ????????????????

• 1.?????????????
• ?????????
• ??????? ?????
• ???????????????
• 2.?????????
• ????????????????

37
?12? ????

• 1.???????
• ???????????????
• 2. ????????????
• ???????????
• 3.??????????
• ????????

38
Banco Santander S.A. V. Banque Paribas
???
180 days from B/L date
1????

• B.S.
• ???

• B.P
• ???

• ???

3?????
2??
4??,????,????????
6??
7???????
5???????
39
?13? ???????

• 1.????
• ????????????????????
• 2.???????????
• ??????
• ??????????
• ??????????
• ??????????
• 3.??????????,????????

40
?14? ???????

• a.????
• ???
• ???
• ?????
• b. ????
• ??????????
• ????????????
• ??reasonable time??
• ????????

41
?14? ???????

• c.???
• ????21????
• ??????????
• ?????????
• ???
• Expiry Date 20070730
• Latest Shipment Date 20070705
• FCR
• Date of Delivery July 05 2007
• ?????

42
?14? ???????

• d.????????,????
• identical,conflict with
• Data in a document with data in
• i. that document
• ii. any other document
• iii. the credit
• e.????????
• ????????
• ????????????

43
?14? ???????

• 1.??? Sweet Dried Grapes
• ? ? Dried Grapes
• ? ? Raisin
• 2.??? Groundnut
• ? ? Groundnut
• ? ? Peanut

44
?14? ???????

• f.??????????
• ????
• ???????????????
• ????
• ???????????
• ????
• ??????
• g.??????????
• Disregard
• may return

45
?14? ???????

• h.??????
• ????
• ?????????????
• Shipment from West European port to Mombasa port
• Shipment to be by seafreight vessel sailing to
  Mombasa port via Suez
• Shipment by conference line vessel
• Shipping Company certificate stating the goods
  are shipped on conference line vessel

46
?14? ???????

• i.????
• ??????
• ??????
• j.?????????
• ????,????
• ????????
• ????
• ????????????????????????

47
?14? ???????

• k.???????????????
• ????????
• ????????????
• ???????????
• l.???????
• ?????????????????
• ???????????
• ??????????

48
?15? ????

• ??????
• a.?????
• b.????????,??????
• c.?????????,??????????
• forward the document

????
???
???
Honour Negotiate
Honour
forward
forward
Honour Negotiate
49
?16? ????????????????

• 1.?????
• ???
• ???
• ?????
• 2.??????
• ??????????
• ??????????
• ???????????

50
?16? ????????????????

• 3.??????
• ????????,??????/????
• ????????
• ?????????
• a.????????????????
• b.???????????????????????????????,????????????????
  ????????????
• c.???????
• d.???????????????????

51
?16? ????????????????

• 4.????
• ???????
• 5.????
• at any time
• 6.????
• ??????

52
?17? ?????????

• 1.???????
• ????
• 2.???????
• ????
• ??????
• 3.???????
• ??/??
• 4.in duplicate, in 2 fold, in 2 copies???

53
?18? ????

• 1.???
• 2.??
• 3.??????????
• ???USD50,000.00
• ??
• MYR190,000.00
• (Equivalent of USD50,000.00 )
• USD50,000.00
• (Equivalent of MYR190,000.00)
• 4.????

54
?18? ????

• 5.?????????????????
• 6.????????????????????????????
• a.???A.B.C
• ? ?X.Y.Z(A.B.C)
• b. ???electronic components
• ? ?electronic componentsradio, TV
• c.???PROFAT MIN 45/46 PCT AND PROTEIN MIN 43 PCT
• ??PROFAT46.08 , PROTEIN 43.5

55
?18? ????

• d.???CIF New York INCOTERMS 2000
• ? ? CIF New York
• e.???CFR LONDON
• ? ?CFR LONDON, INCOTERMS 2000
• ?????INVOICE SHOWING ADDITIONAL INFORMATION
  INCOTERMS 2000 WHILE LC DOES NOT REFERENCE
  INCOTERMS 2000
• ????????????

56
?18? ????

• f.???FOB Shimonosaki
• ??FOB Japan
• Shipped from Shimonosaki Japan
• g.???CFR Vancouver,WA,USA port
• ??CFR Vancouver,WA
• h.???Emulsifying Agents
• ?? Emulsifying Agent
• The safe course is to follow the wording of the
  credit precisely .

57
?19? ?????????????????

• 1.??????
• a.???????
• ?????????????
• ??MTO
• ?????????
• As agent for the carrier xxx
• As agent for the master
• b.????????????????
• ??????
• ?????

58
?19? ?????????????????

• c.????????????????
• ????????????
• ????????????
• ?????????????????
• d.??????

59
?19? ?????????????????

• 2.????unloading and reloading
• from one means of conveyance to another means of
  conveyance
• whether or not in different modes of transport
• Means of conveyance????
• Mode of transport????
• 3.???????
• ??????????
• transhipment will or may take place

60
?20? ??

• 1.??????
• a.???????
• ?????????????
• ?????????
• As agent for the carrier xxx
• As agent for the master

61
?20? ??

• b. ?????????
• Pre-carriageMoon Place of receipt
• Ocean VesselSun
• Port of loadingDalian
• ??????
• ????????
• ?????intended??
• on board
• at xx vessel
• yy/mm/dd

62
?20? ??

• c.??????????????????
• ??????intended??
• ?????????????
• on board
• from xx port
• at xx vessel
• yy/mm/dd
• ?????????????
• ? on board notation?

63
?20? ??

• d.??????
• ?????????
• ???Bill of Ladingoriginal or copy
• ?????
• e.??????????
• ?????
• COGENBILL
• TANKER BILL OF LADING

64
?20? ??

• 2.????
• unloading and reloading
• from one vessel to another vessel
• 3.???????
• ????????
• ??????????????
• 4.?????????
• 5.????????????

65
?22? ????

• 1.??????
• a. ???????????????
• ??charterer????
• ?????????
• As agent for the master
• ???????
• Full set of bill of lading
• Charter Party Bill of Lading acceptable.
• Short form bill of lading not acceptable.

66
?22? ????

• b.?????
• ??????
• ????????
• c.???????????????
• ??????????
• ?????????,??????
• d.??????
• 2.???
• 3.?????????

67
?23? ????

• 1.??????
• a.???????
• ??????????
• ?????????
• As agent for the carrier xxx
• Signature of Carrier or his Agent
• Signature of Shipper or his Agent
• b.???????

68
?23? ????

• c. ??????
• ??????
• ?????????
• ??????????????
• for the carrier use only or similar expression
• d.????????????

69
?23? ????

• e.??????
• original for consignor(shipper)
• Original for the Issuing Carrier
• Original for the Consignee
• 2.????
• 3.???????
• ??????????
• transhipment will or may take place
• 4.?????????

70
?24? ????????????

• 1.??????
• a.???????
• ????????
• b.??????????
• c.?????????
• ?????????
• ?????????
• ?????????

71
?24? ????????????

• d.??????
• ??????
• ???????
• ?????
• e.?????????

72
?24? ????????????

• f.????
• g.??????
• ?????????
• ?????????

???? Original for Consignor Original for
Shipper ?????
???? Original Duplicate ?????
?????? Original ?????
73
?24? ????????????

• h.????
• unloading and reloading
• from one means of conveyance to another means of
  conveyance
• within the same mode of transport
• in different modes of transport
• i.???????
• ????????
• transhipment will or may take place

74
?25? ??????????????

• ????
• 1.??????
• a.????????
• b.???????
• c.????????
• ??????
• ??????
• d.?????????,??????
• 2.?????????????????

75
?25? ??????????????

• ?????????
• 1.??????
• a.???????
• b.????????
• ??
• ??
• c.????,??????

76
?26? ????????????? ?????

• 1.??(must not)???????????
• the goods are loaded on deck
• the goods will be loaded on deck
• the goods may be loaded on deck
• 2.????said by shipper to contain?shippers
  load and count
• 3.???????????
• demurrage charge
• Free In,Free Out,Free In and Out
• cost covering the late return of containers ?

77
?27? ??????

• 1. ?????
• ????
• ?????
• 2.????clean??

78
?28? ?????????

• 1.??????????
• ???????????????
• ????????????
• As agent for the insurance company
• As agent for underwriter
• As proxy for the insurance company
• As proxy for underwriter

79
?28? ?????????

• 2.???????
• 3.????????
• ???
• ??issued by brokers
• 4.?????????
• ???Insurance Policy
• ?????
• ???Insurance Certificate or Insurance
  Declaration
• ???????????????????

80
?28? ?????????

• 5.????
• ????????
• ?????????????
• 6.????
• 7.???????
• ??????????
• ?????????????????
• ????????CIF?CIP???110
• ????CIF?CIP??,?110????/???????????????

81
?28? ?????????

• 8.????
• ??????????????
• ???Shipment from Shanghai to San Francisco OCP
  in transit to St. Louis,CIF San Francisco
  USD10,000.00
• 9.????
• ?????????????????
• a.???usual risks,customary risks
• ??????
• b.???all risks

82
?28? ?????????

• 10.??????????
• Institute Classification Clause
• Cargo ISM Endorsement Clause
• Institute Radioactive Contamination
• Institute Cyber Attack Exclusion Clause
• Termination of Transit Clause (Terrorism)
• 11.??????????(???)??
• Irrespective of Percentage

83
?29? ????????????

• 1.????
• ??????
• 2.????
• ????
• 3.????
• ????SWIFT???????
• 4.????
• ???
• ?????
• ????

84
?30? ????????????????

• 1. ???????????? 10
• ??about ?
• ?? approximately?
• 2.?????? 5
• ????????????
• ?????? ?????

85
?30? ????????????????

• ???
• COVERING 37,000 LBS OF
• ??8?24???? 20,000 LBS
• ??8?27???? 17,000 LBS
• L/C AMOUNT QUANTITY 5 MORE OR LESS ACCEPTABLE
• ??
• 081920,000LBS(0)
• 082418,000LBS(5.88)
• 370000.0538850

86
?30? ????????????????

• 3.????????-5
• ????????????????
• ??b?????
• ???????????
• ??????about? approximately?
• ????????????

87
?31? ?????????

• 1.???????
• ?????????????
• 2. ????????????
• a.???19??24??????
• ???????
• ?????
• b.???25??????
• ????????
• ???
• ?????

88
?32? ?????????

• 1.???????
• ???????
• ???????
• ?????????
• 2.???????
• ????????????
• ??????????

89
?32? ?????????

• a. shipment schedule
• 10000?? ???2006?10?31?
• 10000?? ???2006?11?30?
• 10000?? ???2006?12?31?
• b. shipment schedule
• 10000?? 2006?10?1?--31?
• 10000?? 2006?11?1?--30?
• 10000?? 2006?12?1?--31?

90
?33? ????

• 1.????
• ???
• ????
• 2.??????
• banking hours
• 3.????

91
?34? ??????????

• 1.????
• ????
• 2.?????????
• ?????????
• ?????????
• ?????????
• ????????????

92
?35? ?????????

• 1.???????????
• ????????
• ????????????????
• ???????,????????????
• ??????
• 2.???????
• ????????
• ????????
• ?????????????
• 3.?????

93
?36? ????

• 1.????
• ????
• 2.???????
• ??acts of terrorism
• 3.?????????
• ????
• ??????

94
?37? ???????????

• 1.???
• ??????
• ??????
• ??????????????????????
• 2.???????
• ????????????
• ??????????????
• 3.???
• ????????????
• ?????????????

95
?38? ??????

• 1.???????
• ??????????????
• 2.??????
• ?????????????
• 3.??????
• ????????????????????
• 4.????
• ??????????
• ????????????????
• ???

96
?38? ??????

• 5.??????????????
• ??????
• ???????????
• ????????????
• 6.????????????
• 7.?????????
• ??????????
• ???????????????????

97
?38? ??????

• 8.???????
• ????
• ????
• ?????
• ??????
• ?????????????
• ??????
• ???????

98
?38? ??????

• 9.????????
• ??????
• ????
• 10.??????
• ??????????????
• ??
• ??????????????
• ??????????????
• 11.???????
• ?????????????????

99
?39? ????

• 1.??????
• 2.???????
• ???????????????????,????????????????,?????????????
  
• 3.???????
• ???????Letter of Assignment of proceeds
• 4.???????
• ????????
• ?????????????????
• ????????

100
??UCP600?UCP500?????
101
UCP600?UCP500?????

• 1.????
• ?ISP98??
• 2.????
• ??????
• unless expressly modified or excluded by the
  credit
• not conflict
• calendar day,banking day
• or
• honour

102
UCP600?UCP500????

• A document presented but not required by the
  credit will be disregarded and may be returned to
  the presenter. (91)
• Documents not stipulated in the Credit will not
  be examined by banks. If they receive such
  documents, they shall return them to the
  presenter or pass them on without responsibility.
  (152)

103
UCP600?UCP500????

• 3.???????
• ???????
• ???????
• ???????
• ????????????
• ??????????????
• ????????????????
• ???????????
• ????????????

104
UCP600?UCP500????

• 4.???????
• ? ????
• ?5? ??/????????
• ?6? ???????????
• ?8? ??????
• ?12? ??????????
• ?14?f? ?????????
• ?30? ????????
• ?33?a, b, c? ????/??????
• ?38? ????
• ?42?c? ?????????????
• ?46?a? ???????

105
UCP600?UCP500????

• ? ????
• ?2? ??
• ?3? ??
• ?4?b? ????????????????????
• ?6?d(ii)? ?????????
• ?9?c? ????????
• ?10?d, f? ?????????????????????
• ?12?b? ????
• ?13?a? URR???
• ?14?d? ????????
• ?14?j? ???????
• ?14?l? ????????

106
??!

• ????yipingli_at_hotmail.com