New rules for opening LCs (letters of Credit) as of 2007.
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You guys who have businesses that involves trading (import/export), banking, etc. You need to know this.
UCP 600 (2007)
Monday, November 10, 2008
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1 comment:
I am in serious disagreement with the ICC that they own the copyright on "Uniform Customs and Practices". The UCP 600 are basically an international legal standard and laws cannot be copyrighted. Nevertheless I received a DMCA take down notice and my site Letter of Credit Forum was shut down.
So much for my take on the ICC and its claim of copyright.
All you nerds, come and ask your LC questions at Letter of Credit Forum and I will try and answer them.
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