Meaning of ‘without delay’ in UCP 600 ICC Banking Commission Technical Advisory Briefing No. 2 Subject: Meaning of ‘without delay’ in UCP 600 5 April 2022 ISSUE How should the phrase without delay be interpreted in the context in which it is mentioned in UCP 600? INTRODUCTION Whilst the phrase is used in 4 articles of the UCP 600, no formal definition exists. In practice, relatively few … Read More
WITHOUT DELAY IN URC 522 QUESTION Dear Mr. Old Man, Kindly assist in case of D/A shipments (90 Days after BL date), in how many days, the presenting bank should determine the presentation are complying or not. According to URC 522, art. 1(C), if a bank elects, for any reason, not to handle a collection or any related instructions received by it, it must advise … Read More
ICC GIẢI THÍCH VỀ CỤM TỪ “KHÔNG CHẬM TRỄ” TRONG UCP 600 ICC giải thích về cụm từ “không chậm trễ” trong UCP 600 (thitruongtaichinhtiente.vn) Cụm từ “không chậm trễ” (without delay) được ICC sử dụng trong UCP 600 tại các điều 8 (d), 9 (e), 9 (f), 10 (b), 11 (a) và 11 (b) nhưng lại không có bất kỳ định nghĩa hay giải thích nào về ý nghĩa của cụm … Read More