ISP98备用信用证中英文对照-阅读版.docxVIP

PAGE PAGE # INTERNATIONAL STANDBY PRACTICES (ISP98) 1. GENERAL PROVISIONS Scope, Application, Definitions, and Interpretation of These Rules 1.01 Scope and Application These Rules are intended to be applied to standby letters of credit (including performance, financial, and direct pay standby letter of credit) A standby letter of credit or other similar undertaking, however named or described, whether for domestic or international use, may be made subject to these Rules by express reference to them. An undertaking subject to these Rules may expressly modify or exclude their application. A