eUCP Version 2.0: Article e4 Electronic Records and Paper Documents


This article was not included in previous versions of the eUCP. 


The structure of this article is aligned in order to follow the construction of UCP 600 article 5 which reads ‘Banks deal with documents and not with goods, services or performance to which the documents may relate.' 

UCP 600 article 5 does not address electronic records. The addition of "electronic records" in the eUCP is a key difference. Whilst it is acknowledged that the definition of "documents" includes "electronic records", it is considered that this article provides clarity and transparency.



Back to recent articles