ICC Guide to Export Import

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INTERNATIONAL BANKING

About this title:

All you need to succeed in international markets!

The ICC Guide to Export-Import is an easy-to-understand introduction to international trade

and at the same time a detailed handbook for the experienced practitioner. Completely

updated, the fourth edition of this much acclaimed volume contains an extended analysis of

new rules, such as ICC’s Incoterms® 2010, URDG and others and crucial topics like online

documentation and e-commerce, customs and intellectual property.

Essential tools for your daily work

International trade is one of the primary engines of increasing global prosperity. But, cross-

border trade, as opposed to domestic trade, involves additional risks and challenges.

Therefore, it is vital that traders worldwide have the tools helping them to more effectively

do their jobs. Developed in consultation with top experts at the International Chamber of

Commerce (ICC), the Guide to Export Import covers in detail everything you need to know

about global trade and related risks, e.g.:

ICC Guide to Export-Import

Global Standards for International Trade

Guillermo C. Jimenez

ICC Publication No. 686 , 2012 Edition

Price : 5200 (paper)


ICC India

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- Essential tools helping you to more effectively do your job:

• The new Incoterms® 2010 rules

• International model contracts and clauses and other trade related documents

• Tips and tricks for negotiating international contracts

- An introduction to trade finance:

• Letters of credit and UCP600

• Guarantees

• And more

- The risks and challenges of international trade:

• Transport risks

• Legal risks

• Risks of non-payment

• Exchange rate fluctuations

• Insurance

- The legal framework and dispute resolution:

• International agreements

• Litigation

• Arbitration

- And more

The ICC Guide to Export-Import provides a concise learning and reference tool for

trade professionals as well as students, a must have for everyone involved in

international business.

About the author: A graduate of Harvard University (B.A.) and the University of California-

Berkeley (J.D.), Guillermo C. Jimenez has got more than 30 years’ experience in

international business, law and policy. As Head of Division at ICC’s Paris Headquarters from

1990 to 1998, he coordinated work on key ICC instruments and trade tools and has lectured

on international business in over 35 countries and before a number of intergovernmental

organizations, including the United Nations, European Commission and Organization for

Economic Cooperation and Development.


ICC India

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About this title:

2012 Annual Review of intl. Banking Law & Practice covers all reported letter of credit and

independent guarantee court decisions from around the world of the past year. Again available

in electronic format, this edition allows users to easily search key terms. This unique all in one

reference tool tracks industry activity impacting ICC rules (UCP600, URDG758, ISP98), and other

incidents influencing international banking.

This practical, fully searchable on pendrive includes:

• LC and Guarantee Case Summaries

• Articles 11 Practice Reports (by ICC, BAFT-IFSA, USCIB and others)

• Government Actions

This volume is a handy must-have for anyone working in trade finance offering

information about all latest developments in the field.

2012 Annual Review of International Banking

Law & Practice

Institute of International Banking Law and Practice

ICC Publication No. 974, 2012 Edition

Price : 9000 (English Software)


ICC India

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About this title:

With its clear and comprehensive commentary on the rules and the

accompanying model forms, this Guide to ICC URDG 758 provides the key to a

successful guarantee practice in all sectors and jurisdictions. URDG 758 came

into effect on 1 July 2010 and was officially endorsed by the UN Commission

on International Trade Law (UNCITRAL) at its 44th annual session in Vienna in

July 2011.

The authors have put the essence of their experience in researching, practising and teaching

the law and practice of demand guarantees over a period of twenty years into this work. They

also give deeper insight into the revision process leading to URDG 758, revealing the

background of each policy choice and drafting decision they took while drafting the rules. Case

studies throughout the Guide support and enliven the comprehensive analytical commentary

on the rules.

This Guide debunks the many myths about international guarantee practice and identifies

pitfalls to avoid. Further, it tracks in detail the seven key stages of a URDG guarantee's lifecycle:

- Drafting

- Issuance

- Changing of terms

- Making a presentation

- Examining the presentation

- Making payment

- Termination of the guarantee and counter-guarantee.

Guide to ICC Uniform Rules for Demand

Guarantees

URDG 758

Dr. Georges Affaki, Sir Roy Goode


Price : Rs 10500 (Paper)

Rs 9500 (Ebook)


ICC India

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About this title:

The ICC Uniform Rules for Demand Guarantees (URDG) reflect international standard practice in

the use of demand guarantees and balance the legitimate interests of all parties.

Since their first adoption in 1991, ICC's URDG have gained international

acceptance and official recognition by bankers, traders, industry associations

and international organizations including UNCITRAL, FIDIC and the World

Bank. The current edition, URDG 758, was officially endorsed by the UN

Commission on International Trade Law (UNCITRAL) at its 44th annual session

in Vienna from 27 June – 8 July 2011.

More than an update of the existing rules, the revised URDG 758 are a new set of rules for the

twenty-first century that came into effect on 1 July 2010. URDG 758 contain significant changes

practitioners will need to know, including:

• New definitions and interpretation rules for greater clarity and precision;

• The treatment of non-documentary conditions, incomplete presentations, and many

other contentious practices;

• A comprehensive coverage of advice of guarantees, amendments, electronic

documents, transfers and more;

• A provision on force majeure that triggers an extension of a guarantee for thirty

calendar days;

• The replacement of “reasonable time” with fixed periods for the examination of

demands, the extension of guarantees and the suspension of payments;

ICC Uniform Rules for Demand Guarantees

(URDG) Including Model Forms



Rs 2100 (Ebook)


ICC India

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About this title:

A must for practitioners who need to stay up-to-date with daily practice in letters of credit,

collections and guarantees.

“Sellers, forwarders, and banks need to know what a reasonable document checker will do with

the seller’s documents. The ICC Banking Commission has many of the answers, and now they

are available in one place – ICC Banking Commission Opinions 2005-2008. This is a valuable

book for sellers concerned about shipping during a recession with falling markets.” -- John F.

Dolan, author of The Law of Letters of Credit.

UCP 600, ICC's newly revised rules on documentary credits gave rise to queries from banks,

lawyers and shippers worldwide, and this latest Opinions book, provides precise answers to the

key questions raised. The 79 Opinions in this book include the first Opinions rendered on UCP

600, ICC’s universally used rules on documentary credits, which came into effect on 1 July 2007.

This important volume also contains Opinions on ISBP 681, the revised version of the widely

acclaimed International Standard Banking Practice for the Examination of Documents under

Documentary Credits, as well as the final Opinions on UCP 500, and recent Opinions on the

Uniform Rules for Collections (URC) and the Uniform Rules for Demand Guarantees (URDG

458).

ICC Banking Commission Opinions 2005 - 2008


Price : Rs 5800 (Ebook)


ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

DOCDEX was established by the International Chamber of Commerce in 1997 as a rapid dispute

resolution system using panels of ICC experts to render decisions on disputes involving letters

of credit. DOCDEX Decisions, normally rendered within 30A60 days, often allow the disputing

parties to avoid lengthy and costly court proceedings. The DOCDEX system was later expanded

to cover ICC rules on collections and demand guarantees as well.

Edited by Gary Collyer and Ron Katz, the Decisions in this volume, which cover the years from

2005A2008, were issued during the final years of UCP 500, ICC’s universally used rules on

documentary credits. In these pages, the readers will also find Decisions on UCP 600, the latest

revision of the letter of credit rules, International Standard Banking Practice (ISBP 645 and 681)

URC 522 (the ICC Uniform Rules for Collections) and URDG 458 (the Uniform Rules for Demand

Guarantees).

The Decisions in this book cover a broad range of issues:

• typing errors and whether they constitute a discrepancy;

• amendments in standby credits;

• the application of paragraphs in the ISBP;

• the expiry date on a transferred letter of credit

"In the 11 years since the rules came into effect, DOCDEX has proved its value as an efficient

and cost-effective dispute resolution system, which allows the parties to have their case

considered by experts having long experience with ICC rules and to receive a Decision within a

reasonable period of 30–60 days. Practitioners involved in disputes concerning these ICC rules

would do well to look to DOCDEX as a practical means of settling them." from the Foreword by

ary Collyer, Senior Technical Adviser to the ICC Commission on Banking Technique and Practice

Collected DOCDEX Decisions 2004–2008

Decisions by ICC Experts on Documentary Credits,

Collections and Demand Guarantees

edited by Gary Collyer and Ron Katz




ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

Edited by Ron Katz, DCInsight is the most respected magazine in the field of documentary

credits. Insights into UCP 600 contains almost 70 articles on UCP 600 written for the magazine

DCInsight during the five years from 2003 to 2008: 39 articles written prior to the adoption and

30 articles after the adoption of UCP 600. These expert commentaries follow the debate on the

main issues in the new UCP from its inception through its final implementation in 2007.

Covering topics including negotiation, documents lost in transit, discounting deferred payment

obligations, “reasonable time” and “without delay”, these articles constitute an invaluable

record of the history of the new UCP for practitioners and laypersons alike. Some of the

distinguished authors include: John Dolan, Donald R. Smith, King-Tak Fung, Jim Barnes,

Laurence A.J. Bacon, Gary Collyer, Frank Reynolds, Reinhard Längerich, Roger Graham, Mark

Ford. They knowledge and expertise will enhance the understanding of UCP 600 for all users

and students of documentary credits.

Insights into UCP 600 Collected Articles from DCI 2003 to 2008

Edited by Ron Katz



Rs 5100 (Ebook)


ICC India

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About this title:

Users’ Handbook for Documentary Credits under UCP 600 is designed to serve as an

introduction to users of documentary credits, that is, to sellers and buyers who seek to increase

their access to cross-border markets. It strives to demonstrate the way commercial parties and

bankers have used this remarkable commercial device, the documentary credit, to achieve their

objectives.

Users’ Handbook is divided into five parts:

• Part One is a brief discussion of international sales and transport.

• Part Two explains the banking industry’s crucial role in documentary credit transactions

and illustrates many of the transactions in which commercial parties utilize the

documentary credit.

• Part Three explains the way documents control the payment function of the

documentary credit.

• Part Four introduces the all-important feature of the documentary credit – the ways it

opens financing options to sellers, which can then extend credit to buyers.

• Part Five introduces the standby credit and illustrates its role in cross-border

transactions.

Users' Handbook also contains a handy glossary of international trade terms for easy reference.

Users’ Handbook for Documentary Credits under UCP 600

John F. Dolan and Walter (Buddy) Baker



Rs 5100 (Ebook)


ICC India

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About this title:

"The early “Regulation” issued by the New York Bankers affecting export commercial letters of

credit and early UCP versions […] shed light on the meaning of current UCP articles. They also

demonstrate a consistent approach in UCP drafting of fashioning rules that make letters of

credit payment mechanisms." John F. Dolan, Distinguished Professor at Wayne State University

Law School.

The Uniform Customs and Practice for Documentary Credits (UCP), developed by ICC, are rules

used by letter of credit practitioners the world over. But most practitioners know very little

about the UCP’s creation and how they have developed over the years. The Complete UCP

traces the history of the rules from their inception more than 70 years ago through their latest

revision, UCP 600, which came into effect on 1 July 2007.

Written and compiled by Dan Taylor, Vice-Chairman of the ICC Banking Commission, this

valuable collection contains the full text of the seven versions of the UCP that have appeared

since 1933, as well as their antecedents, which date back to 1920. Each text is accompanied by

an incisive commentary explaining the major changes from one UCP to another. More than just

a history, The Complete UCP provides valuable insights into the most successful private rules

for trade ever developed. This important work will enhance your understanding of UCP 600.

The Complete UCP

Uniform Customs and Practice for Documentary

Credits

Texts, Rules and History 1920-2007

Dan Taylor



Rs 5200 (Ebook)


ICC India

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About this title:

ICC's Uniform Rules for Bank-to-Bank Reimbursements under Documentary Credits (URR) have

recently been revised. The revision was necessary to bring these long-standing rules into

conformity with UCP 600, ICC's universally used rules on letters of credit. URR 725 contains a

number of technical changes from the previous version, URR 525, and will be used by most

letter of credit practitioners around the world.

This revision was approved by the Commission on Banking Technique and Practice in April 2008

and came into effect on 1 October 2008 .

ICC Uniform Rules for Bank-to-Bank

Reimbursements under Documentary Credits


Price : Rs 2400 (sets of ten leaflets)


ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

"The revised ISBP is critical to correctly applying the practices of the UCP 600. It should be

mandatory reading for every document examiner."

Donald Smith - Chair, Banking Committee, U.S. Council for International and Business and Vice

President, Client Services, Norman Technologies International Standard

Banking Practice (ISBP) for the Examination of Documents Under Documentary Credits, 2007

Revision for UCP 600, an update of the successful ICC Publication No. 645, reflects international

standard banking practice for all parties to a documentary credit under UCP 600.

Figures show that more than 50% of credits are rejected for discrepancies on first presentation.

The new ISBP, by encouraging a uniformity of practice worldwide, should reduce that figure

dramatically and, by doing so, facilitate the flow of world trade. ISBP was conceived as an

intelligent checklist of procedures for document checkers to follow in examining the documents

presented under letters of credit. While not a substitute for the UCP, which remains the guiding

text, the ISBP demonstrates how the UCP is to be integrated into day-to-day practice.

International Standard Banking Practice

for the Examination of Documents under

Documentary Credits 2007 Revision for UCP 600

ISBP



Rs 5200 (Ebook)


ICC India

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About this title:

“The aim has been to provide a Commentary that enlightens practitioners as to the thought

processes behind the changes in each article and to explain why a change was introduced and,

in some cases, why no change was made.” -- Gary Collyer, Chair of the UCP 600 Drafting

Group

The International Chamber of Commerce (ICC) has established rules on documentary credits

worldwide for more than 70 years. UCP 600, the latest version of ICC’s universally used rules on

documentary credits, came into effect on July 1, 2007. Members of the Drafting Group that

developed the new UCP have produced an article-by-article Commentary on the rules.

Commentary on UCP 600, which reflects the Group’s personal views*, explains the rationale

behind the changes in the rules and clarifies the general principles that underlie them. The

Drafting Group’s Commentary on UCP 600 examines each of the 39 articles of the new UCP.

Each article and sub-article is analyzed under four different topics:

• the text of the article (or sub-article),

• the key changes from UCP 500,

• a commentary explaining the rationale for the new language, and

• the cross-references to other articles in UCP 600.

Practical, compact and easy-to read, Commentary on UCP 600 will be a reference book of

choice for students and users of the new UCP.*Note that Commentary on UCP 600 reflects the personal views of the

UCP Drafting Group. It does not necessarily reflect the views of the full ICC Banking Commission.

Commentary on UCP 600 Article-by-Article Analysis by the UCP 600

Drafting Group ICC Publication No. 680 , 2007 Edition


Rs 4500 (Ebook)


ICC India

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About this title:

UCP 600 came into effect on 1 July 2007 and contains significant changes including:

• A reduction in the number of articles from 49 to 39;

• New articles on "Definitions" and "Interpretations" to provide more clarity

and precision in the rules;

• The replacement of the phrase "reasonable time" for acceptance or refusal

of documents by a firm period of five banking days;

• New provisions which allow for the discounting of deferred payment credits;

• A definitive description of negotiation as “purchase” of drafts of documents

UCP 600 contains within the text the 12 Articles of the eUCP, ICC’s supplement to the UCP

governing presentation of documents in electronic or part-electronic form. Used by letter of

credit practitioners worldwide, the Uniform Customs and Practice for Documentary Credits

(UCP) are the most successful private rules for trade ever developed. Bankers, traders, lawyers,

transporters, academics and all who deal with letter of credit transactions worldwide, will refer

to UCP 600 on a daily basis.

ICC Uniform Customs and Practice for Documentary Credits UCP 600



Rs 5200 (Ebook)

Rs 10500 (Set of 25 leaflets)


ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

Unpublished Opinions of the ICC Banking Commission, 1995-2004, contains more than 120

Opinions, 109 of which have never been published in book form before, this volume includes

Opinions decided on UCP 500, URR 525, UCP 400, URC 522, URC 322 and URDG 458.

Also included for the first time are Opinions relating to the eUCP, the UCP 500’s supplement for

electronic presentation of documents, and ISBP, a Banking Commission checklist showing how

UCP 500 should be applied in everyday practice. The ISBP, praised by practitioners, has been

credited with reducing unacceptably high L/C discrepancy rates.

For years, the series of Banking Commission Opinions have guided bankers, lawyers,

practitioners and academics to a clearer understanding of ICC’s universally used rules on

banking practice. Unpublished Opinions is the latest of the valuable volumes in this series.

Unpublished Opinions of the ICC Banking

Commission, 1995-2004



Rs 8500 (Ebook)


ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

First introduced in 1997, DOCDEX is a rapid, cost-effective dispute resolution system intended

to resolve disputes involving ICC rules on documentary credits (UCP 500). Expanded in 2002 to

cover the ICC Uniform Rules for Collections (URC) and the Uniform Rules for Demand

Guarantees (URDG), the process normally takes 30-60 days, with most cases resolved within 30

days.

DOCDEX has been used by practitioners worldwide who need quick decisions on outstanding

conflicts to avoid lengthy and expensive court cases.

Now, for the first time, all of the DOCDEX decisions taken over a seven-year period have been

collected in a single volume. This indexed volume of DOCDEX decisions gives the reader an

insight into the thinking of ICC experts who must judge difficult cases involving ICC rules. As

such, it’s an invaluable companion to the rules themselves.

Collected DOCDEX Decisions 1997 - 2003

the International Chamber of Commerce (ICC)




ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

More than 15 percent of trade (over $1 trillion a year) is financed using letters of credit. ICC's

universally used Uniform Customs and Practice for Documentary Credits, UCP, are the most

successful private rules for commerce ever developed. But rules require interpretation, and

courts worldwide have interpreted how the UCP should be applied in daily practice.

Here, in a single volume, the most important court cases interpreting the UCP have been

collected, analyzed and explained.

Getting to the essentials

Written by King Tak FUNG, a prominent Hong Kong lawyer, Leading Court Cases on Letter of

Credit gives the facts and analyzes the reasoning behind the cases fundamental to letter of

credit law. For each case, this important book lays out:

• a summary of the facts of each case in easy-to-understand diagrams;

• the key issues presented ; and

• an analysis of what each court decision means for letter of credit practice.

By focusing on the essentials, Leading Court Cases distills the court’s legal reasoning into a

highly readable, user-friendly reference tool. More than 40 cases are explained with skill and

insight.

Leading Court Cases on Letters of Credit

King-tak Fung




ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

"The problems of documentary compliance are many and subtle. ICC Banking Commission

Collected Opinions 1995-2001 gets high marks for bringing together in easily accessible format

the Banking Commission's best judgments on many documentary compliance questions. The

book will be a major resource for lawyers, bankers, judges, and scholars."

John F. Dolan, Professor of Law, Wayne State University

For more than 70 years, ICC's Uniform Customs and Practice for Documentary Credits (UCP)

have set the standard for documentary credit usage worldwide. ICC's Banking Commission

Opinions, often cited by courts, provides expert interpretation and contains the official analysis

of how the rules work in day-to-day practice.

ICC Banking Commission Collected Opinions 1995-2001

Gary Collyer and Ron Katz



Rs 8500 (Ebook)


ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

International Standby Practices fills an important gap in the market place. Though standby

letters of credit have similarities with commercial letters of credit and other financial

instrument, there are significant differences in scope and practice. A new set of Rules was

therefore required for this workhorse of commerce and finance.

ISP98 reflects a distillation of practices from a wide range of standby users: bankers, merchants,

rating agencies, corporate treasurers, credit managers, government officials and banking

regulators. Like the UCP for commercial credits, ISP98 is destined to become the industry

standard for the use of standbys in international transactions.

Another set of invaluable ICC rules, ISP98 offers a precise and detailed framework for

practitioners dealing with standby letters of credit.

ISP 98 - International Standby Practices




ICC India

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About this title:

The ICC Model Forms for Issuing Demand Guarantees is designed for bankers, attorneys and

other parties issuing guarantees and the specialised documents that accompany them.

ICC Model Forms for Issuing Demand

Guarantees




ICC India

Tel : +91 11 23322472, 23738760-70 Extn : 375


About this title:

Designed specifically for the insurance industry, the ICC Uniform Rules for Contract Bonds are a

set of rules designed to secure uniform practice in the operation and enforcement of bonds.

Clear and concise, the rules will provide an invaluable aid to business people, traders, lawyers

and financial institutions.

These Rules are endorsed by UNCITRAL

ICC Uniform Rules for Contract Bonds



ICC Guide to Export Import

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