UCP600与ISP98的比较、信用证类型比较、运输方式比较.xlsVIP

Sheet3 Sheet2 Sheet1 COMPARE UCP600 WITH ISP98 SIMILAR PART ISSUED SUBJECT TO THESE RULES irrevocable undertaking independence limits to responsibilities DIFFERENT PART DEFINITIONS APPLICANT BENEFICIARY DEMAND DRAWING DOCUMENT REDUNDANT OR OTHERWISE UNDESIRABLE TERMS ELECTRONIC PRESENTATION SIMILAR TO EUCP 1.1 absolute primary payable from the issuers own funds clean or payable on demand and/or shall be disregarded callable divisible fractionable indivisible transmissible shall be disregarded unless their context gives them meaning assignable evergreen reinstate revolving should not or need not state unconditional or abstract INTERPRETATION issuer includes confirmer beneficiary includes transferee bene including but not limited to A or B either A or B A and B unless a standby otherwise states expressly or clearly stated in the standby provided in the standby 1.10c 1.10a and b obligation and responsiblities of issuer and confirmer OBLIGATION OF DIFFERENT BRANCHES,AGENCIES, OR OTHER OFFICES CONDITIONS TO ISSUANCE NOT THEN ISSUED OR ENFORCEABLE ART 11 FULL DETAILS TO FOLLOW OR SIMILAR WORDDS NOT AVAILABLE, OPERATIVE, EFFECTIVE OR THE LIKE DO NOT AFFECT THE ISSUANCE OF STANDBY ADVICE OF STANDBY OR AMENDMENT NOMINATION AMENDMENT automatic amendment routing of amendments COMPLYING PRESENTATION ART 2 IDENTIFICATION OF STANDBY DATE OF PRESENTATION 3.01, 3.04, 3.05, 3.06 characteristics of different type of credits types features risks revocable documentary credit may be amended or cancelled by the issuing bank at any moment and without prior notice to the beneficiary offers no security of payment to the benficiary; the issuing bank is liable to honour its obligations under a revocable documentary credit for any honour or negotiation made by another bank prior to receipt of such revocation by a bank. how to control risks (for issuing bank) 1)nominates a specific bank that is authorised to honour or negotiate and restrict honour or negotiate to such a nominated bank;2)