19/08/2019
URC 522 sub-article 26 (a) covers "Form of Advice; sub-article 26 (b) covers "Method of Advice; sub-article 26 (c) (i) covers "Advice of Payment; sub-article 26 (c) (ii) covers "Advice of Acceptance"; and sub-article 26 (c) (iii) covers "Advice of Non-Payment and/or Non-Acceptance"...
15/08/2019
The concept of a ‘notice of completeness' as required by eUCP, is not considered to be appropriate for eURC...
12/08/2019
eURC sub-article e4 (b) (v) (Definitions) defines "format" as "the data organisation in which the electronic record is expressed or to which it refers"...
08/08/2019
This article appends to URC 522 article 10 (Documents vs...
05/08/2019
The selections we are addressing within this blog are terms used exclusively in eURC and not within URC...
01/08/2019
This eURC article comprises of a group of words or phrases used in the eURC...
24/07/2019
Article e3 focuses on the issues that arise from the relationship between the two sets of rules, including the applicability of URC 522, which provision controls in the event of a conflict, and whether the eURC should apply where there is no electronic record required or presented...
23/07/2019
As its name, and eURC sub-article e2 (a) suggest, the eURC is intended to supplement URC 522...
19/07/2019
The eURC are rules that apply to an arrangement between the remitting bank and the collecting and/or presenting bank, for the presentation of electronic records alone or in combination with paper documents...
16/07/2019
The precedent for including ‘Preliminary Considerations' within ICC rules was established in ISBP, and with the preamble to DOCDEX...