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Home Tag Archives: dpu-under-ucp-600

Tag Archives: dpu-under-ucp-600

DPU UNDER UCP 600

By Mr Old Man
March 7, 2010
in :  Uncategorized
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Ghubshawi's QueryMystery of DPU Dear All, I have come accross this statement. "Under UCP600, the DPU remains undefined and still a bit of a mystery as to whether/how its incurrence may/must be evidenced.” Could you please comment further? Best, Ghubshawi ————————————- Mr. Old Man's ResponseDeferred Payment Undertaking Under UCP 600 Dear Ghubshawi, You may have learnt about Banco Santander case …

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UCP 600 ARTICLES 30 AND 31

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March 16, 2010

FIELD 72 (SENDER TO RECEIVER INFORMATION) OF MT 103

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Mr Old Man: 1/ Yes. A finance company can act as a remitting bank under a documentary collec...

Yao zu: Can remitting bank be a finance company? Can collecting bank make payment using...

Mr Old Man: Dear Kathryn, Thank you for your interesting question. First, banks do not conce...

Kathryn: Dear Mr. Old Man, May I seek your opinion on the following scenario? If goods ar...

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