{"@context":"https://schema.org","@type":"DefinedTerm","name":"ICC Uniform Customs and Practice for Documentary Credits (UCP 600)","description":"Adopted in 2007, UCP 600 is the current version of the ICC Uniform Customs and Practice for Documentary Credits and serves as the global standard for letter of credit transactions. It governs how credits are issued, transmitted, and examined, defining the rights and obligations of exporters, importers, issuing banks, and confirming banks. Compared to its predecessor UCP 500, UCP 600 streamlined terminology, eliminated interpretive ambiguities, and reduced the document examination period for bank","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/icc-uniform-customs-and-practice-for-documentary-credits-ucp-600","inLanguage":"en","dateModified":"2026-06-24T06:20:10.680223","citation":"https://iccwbo.org/business-solutions/trade-finance/ucp-600/","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/icc-uniform-customs-and-practice-for-documentary-credits-ucp-600","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"ICC Uniform Customs and Practice for Documentary Credits (UCP 600) · Adopted in 2007, UCP 600 is the current version of the ICC Uniform Customs and Practice for Documentary Credits and serves as the global standard for letter of credit transactions. · Quelle: https://iccwbo.org/business-solutions/trade-finance/ucp-600/"}