BỘ TẬP QUÁN QUỐC TẾ VỀ LC TRONG XUẤT NHẬP KHẨU

BỘ TẬP QUÁN QUỐC TẾ VỀ LC TRONG XUẤT NHẬP KHẨU BỘ TẬP QUÁN QUỐC TẾ VỀ LC TRONG XUẤT NHẬP KHẨU BỘ TẬP QUÁN QUỐC TẾ VỀ LC TRONG XUẤT NHẬP KHẨU BỘ TẬP QUÁN QUỐC TẾ VỀ LC TRONG XUẤT NHẬP KHẨU

ICC - PHONG THUUNG MAI QUOC TE

CAC VAN BAN Mill NHAT

Song ngit Anh — V*

chang tit

hang tieu cliuSn Qu6c te'd6 ki6m tra chang tit theo thy tin dung tuan thi, UCP-600/2007/ICC

UCP-600/2007/ICC vg viec xual trinh chang tit dien tit — Ban dien grai s6 1.1 nam 2007

hang theo that tin dung

NM HAT BAN THONG TIN VA TRUYEN THONG

HA NO -2010

BICH TO' NGUYEN BAN TIENG ANH

FOR DOCUMENTARY CREDITS, 2007 REVISION, ICC PUBLICATION No.600 ( U C P-600/2007/I C C)

PRACTICE FOR THE EXAMINATION OF DOCUMENTS UNDER DOCUMENTARY CREDITS SUBJECT TO UCP 600 (ISBP- 681/2007/I C C)

AND PRACTICE FOR DOCUMENTARY CREDITS FOR ELECTRONIC PRESENTATION (EUCP-1.1/ 2007/ICC)

BANK-TO-BANK REIMBURSEMENTS UNDER

PUBLICATION No 725 2008 (UR R-725/ 2008/IC C)

Ngtidi dich: GS NGIIT Dinh Xuan Trinh

Bcin quyen tcic gici cuo'n scich thuc5c ve Nha xuilt ban Thong tin vet Truye'n th6ng

Nghiem cam moi hanh dOng sao chep, in an, tdi ban va ph6' bien cuo'n sach hhi chu'a chive sit d6ng y ciia Nha xulit bcin Thong tin va Truyen thong

Lol NHA XU AT BAN Cac hoat clang thanh toan qu6c te, dac biet la cac hoat clang lien quan der? Tin dung chCing to dOi hoi phai CO sti hieu blot thali ciao va thOng nhat fret') pham vi toan the gidi De tao (lieu kien thuan Idi trong ma rang va day manh giao luu thuong mai qu6c te, giCip cac cong ty, cac tap doan khac nhau a cac quo'c gia khac nhau quan he buOn ban, thanh toan cludc de clang, Quy tac va Thtic hanh th6ng nhat ve Tin dung cht"ing to cua PhOng Thudng

mai Qu6c te' s6 500 (UCP 500) dttdc ban hanh nam 2003

da dtidc chgp nhan, phi Wen va SCI dung rang rai trong bu6n ban glUa cac qu6c gia tier, pham vi toan c6u, da Oat huy tac dung thac dgy thudng mai qu6c to ngay cang phat trier)

Trong mat the gidi ma cOng nghe thOng tin phat trier) manh nhu hien nay, cac nen kinh te khac nhau tren the gidi nhanh chOng hal nhap, quan he mat thief, gan b6, khi

ma the gidi ngay cang tra nen "phAng" hdn, sau gen 15 nam di vao cuac song, nhieu quy Binh trong UCP 500 khOng con phi) hdp, fro nen ran tra cac mai quan he thuong mai qu6c te, viec dinh ky hoan thien, seta d6i cac van ban mang tinh quy tac thong nhat trong thanh toan qu6c to la rat can thiet

D6 tao dieu kien thuan Id/ va thac day giao luu , thuong mai qu6c te' phat trier) manh me hon nCia, Ph6ng Thudng mai Quac to da sera cIC5i va ban hanh Quy tac va Thic hanh thong nhat ye Tin dung cht'ing tif cua ICC van ban s6 600 (UCP-600/2007/ICC), c6 hieu ti/ 01/7/2007 Tie'p theo viec ban hanh UCP 600, ICC da ban hanh mat s6 van ban hudng den kern theo WV: Tap quan Ngan hang tieu chugn Qu6c Co' de kie'm tra cht'ing tit theo thu tin dung tuan th5 UCP 600 van ban so 681 (ISBP 681 2007 ICC), Ban Phu fazing UCP 600 ye viec xuat trinh chUng tif then tO' — Ban dien gi6 s6 1.1 (eUCP 1.1), va d5c brat /a Quy tac

th6ng nhat ye hoar; tra tien giCfa cac ngan hang theo Thu tin dung van ban S6 725 CO hieu luc tit 01/10/2008 (URR- 725/2008/ICC)

Nh5m tao di& kien de cac t6 chifc ngan hang, cac doanh

3

nghiep kinh doanh xuat nh5p khan, cac doanh nghiep, don vi CO lien quan clan thanh tear) qu6c ta, cung nhti cac can b6 nghien cCiu va hoach dinh chinh sach thuung mai qu6c to co van ban cra sCi dung, del chiau hang ngay trong cOng viec cua minh, Nha xuat ban Th6ng tin va Truyan thong t6 chCfc xuat ban cuan "Bo tap quail quoC to ye L/C - Cac van ban mdi nhat" bang song ngt7Anh - Viet N6i dung cuein sach Om 4 phan:

UCP-600/2007/1CC Cac Quy tec va Thiic hanh thong nhat ye Tin dung cht:ing

ISBP-681/2007/1CC — T5p guar) ngan hang tie u chugn quac to de kiern tra cht:ing tit thee thv tin dung

eUCP 1.1 — Ben Phu trtfOng UCP 600 ye viec xuat trinh chCing tU clien to

URR-725/2008/ICC - Quy tac thong nhat ye hoan tra tien cac ngan hang theo Thu'tIn dung

De tien cho ban doc tra cCiu dot chieu hai this tiang trong hoat Bong chuyen men, phan tiang Anh duCic b6 tri a cac trang chgn (8, 10, 12 ), phan tiang Viet dvoc b6 tri C cac trang le tieP theo (9, 11, 13 ) Dieu de giCip ban doc nhanh cheng va chinh xac tim ra phan van ban g6c tiang Anh &Yong Cing yeti phan dich ra tiang Viet

Cuen sach do Giao sU Nha giao u'u to Dinh Xu5n Trinh dich tit nguyen ban tiang Anh, Nha xuat ban ThOng tin va Truyen th6ng chin trach nhiem t6 chCfc xuat ban, phat hanh Viec dich va hieu dinh (la the hien sv barn sat tit ng0, cau, cht7 tiang Anh va Viet hoa mot cach tot nhat nham lam cho ban dich day du va de hieu Tuy nhien, trong qua trinh dich, hieu dinh, cuan sach khOng tranh khoi nhfing thiau set nhat dinh Rat mong nh5n du'cc sv cam thOng va gop y coa ban doc gen xa ci6 cu6n sach dvoc hoan thien flan trong len tai ban sau

NHA XUAT BAN THONG TIN

VA TRUYEN THONG

4

BO TAP QUAN QU6C Te VE L/C

BO TAP NAN QUOC Tit

YE uc

CONTENT

Part I THE UNIFORM CUSTOMS AND PRACTICE 22

FOR DOCUMENTARY CREDITS, 2007 REVISION,

ICC PUBLICATION NO.600 (UCP-600/2007/ICC)

Article 5: Documents v Goods, Services or 46

Performance

Article 6: Availability, Expiry Date and Place for 46

Presentation

Article 7: Issuing Bank Undertaking 48

Article 8: Confirming Bank Undertaking 50

Article 9: Advising of Credits and Amendments 52

Article 14: Standard for Examination of Documents 62

Article 15: Complying Presentation 66

Article 16: Discrepant Documents, Waiver and 68

Notice

Article 17: Original Documents and Copies 70

Article 19: Transport Document Covering at Least 74

Two Different Modes of Transport

6

BO TAP QUAN QU6C TE VE L/C

MUC LUC

Phgn I CAC QUY TAC VA THUC HANH THONG 23

NHAT Vg TIN DUNG CHUNG TU

(UCP-600/2007/ICC)

Dieu 4: Tin dung va hop long 45 Dieu 5: Cac chang to va hang haa/ dich vu hoac 47 cac thut hien

Di6u 6: Thanh toan, ngay het han va not xuat trinh 47 Dieu 7: Cam ket cUa Ngan hang phat hanh 49 Dieu 8: Cam 1(61 cOa Ngan hang xac nhan 51 Dieu 9: ThOng bao tin dung va cac sira d6i 53 Dieu 10: SU'a d6i tin dung 57 Dieu 11: Tin dung va sira d6i du'oc so bao va chuydn 59 bang dien

Dieu 13: ThOa thuan hoan tra giCra cac ngan hang 61 Dieu 14: Tieu chudn kidm tra chCing to 63 Dieu 15: Xuat trinh phO hop 67 Dieu 16 : Chimg to co sai biet, 136 qua sai biet va 69 thong bao

Dieu 17 : Cac cht:ing to g6c va cac ban sao 71

Di6u19: Chung tit van t6i dOng cho it nhat hai 75 phuting thac van t6i khac nhau

Article 20: Bill of Lading 78 Article 21: Non-Negotiable Sea Waybill 82 Article 22: Charter Party Bill of Lading 86 Article 23: Air Transport Document 90 Article 24: Road, Rail or Inland Waterway Transport 92 Documents

Article 25: Courier Receipt, Post Receipt or 96 Certificate of Posting

Article 26: "On Deck", "Shipper's Load and Count", 98

"Said by Shipper to Contain" and Charges

Additional to Freight

Article 27: Clean Transport Document 98 Article 28: Insurance Document and Coverage 100 Article 29: Extension of Expiry Date or Last Day for 102 Presentation

Article 30: Tolerance in Credit Amount, Quantity and 104 Unit Prices

Article 31: Partial Drawings or Shipments 106 Article 32: Instalment Drawings or Shipments 106 Article 33: Hours of Presentation 108 Article 34: Disclaimer on Effectiveness of 108 Documents

Article 35: Disclaimer on Transmission and 108 Translation

Article 37: Disclaimer for Acts of an Instructed Party 110 Article 38: Transferable Credits 112 Article 39: Assignment of Proceeds 118

8

BO TAP QUAN QUOC TE VE L/C

Dieu 20: Van tai dOn 79 Dieu 21: Giay gici hang du'ong bin khOng 83 chuydn nhu'Ong (NNSWB)

Dieu 22: Van tai don theo hop d6ng thue tau 87 Dieu 23: Chang tit van tai hang khong 91 Dieu 24: Chang to van tai du'Ong 14, 93 du'ang sat va diiOng song

Dieu 25: Bien lai chuyen phat, Nen lai bu'u dien 97 hoac giay chang nhan bu'u phdm

Dieu 26: T ran boong, ngu'Oi gill hang >cep va 99 dem, ngu'Oi gill hang Ice khai gom co va chi phi phu them vao cutic phi

Dieu 27: Chiing to van tai hoan h5o 99 Dieu 28: Chang to b6o hidm va lo6o him 101

Di6u 29: Gia han ngay het han hieu lut hoac 103 ngay xuat trinh cu6i ding

Dieu 30: Dung sai v6 s6 ti6n, so lacing va don gia 105 Dieu 31: Giao hang hoac thanh toan tong phan 107 Dieu 32: Giao hang hoac thanh toan nhieu 15n 107

Di6u 34: Mien trach v6 tinh hieu Iu'c cUa Chang tif 109

Dieu 35: Mien trach v6 dich thuat va chuyen giao 109 this tin

Dieu 37: Mien trach v6 hanh dOng cUa mot 111 ben ra chi thi

Dieu 38: tin dung có the chuyen nhu'ong 113 Dieu 39: Chuygn nhu'ong s6 tin thu &too 119

Part II INTERNATIONAL STANDARD BANKING 120 PRACTICE FOR THE EXAMINATION OF

DOCUMENTS UNDER DOCUMENTARY CREDITS

SUBJECT TO UCP 600 (ISBP-681/2007/ICC)

Multiple pages and attachments or riders 142

Title of documents and combined documents 150

Drafts and calculations maturity date 152

Phan II ISBP-681/2007/ICC — TAP QUAN NGAN 121 HANG TIEU CHUAN QUOC TE DE KIEM TRA CHUNG TU THEO THU TIN DUNG

Yeu cau phat hanh va phat hanh thu' tin dung 127

Cac chang nhan va Idi khai 131 NhCtng saa Chita va thay d6i 133

Ten cua cac chang tit va Chung tit ket hop 151

H6i phi6u va cach tinh ngay ciao han 153

Ngay ngan hang, ngay gia han, chuy6n tin chasm 157

Amounts 158

Application of UCP 600 Article 19 166

Signing of multimodal transport documents 168

Goods covered by more than one multimodal 178 transport document

Application of UCP 600 Article 20 180

12

BO TAP QUAN QUOC TE Ve L/C

S6 ti6n 159 Hoi phi6u du'dc ky phat nhu'th6 nao 159 H6i phigu doi tin ngu'di yeu cgu 159 Nhang sita chita va thay d6i 159

MO to hang hoa, dich vu hoc thu'c hien va nhCrng 161 van d6 chung khac có lien quan d6n hOa don

Chang to van tai dung cho it nhgt hai phudng 167

thitc van tai kh5c nhau

Ky chang tit van tai da phurong thU'c 169 Nhang ghi chi] da b6c hang 171 Ndi nhan hang a cho, gifi hang, x6p hang lOn tau 171

NV1E-mg sCra china va thay d6i 175

Hang hoa dudc cap nhi6u chCing tit van tai da 179 phu'dng th(ic

On board notations 182 Ports of loading and ports of discharge 184 Consignee, order party, shipper and endorsement, 184 notify party

Goods covered by more than one bill of lading 190

Charter party bill of lading 192

Signing of charter party bills of lading 192

Ports of loading and ports of discharge 194 Consignee, order party, shipper and endorsement, 196 notify party

Air transport document 202

Goods accepted for carriage, date of shipment, and 204 requirement for an actual date of dispatch

14

BO TAP QUAN QUOC TE VE L/C

Nhi:Mg ghi ch0 da beic hang 183 Gang ID& va cang dO 185 Ngu'di nhan hang, ben ra lenh, ngutsi gt:ti hang va ky 185 hau,- ben thong bao

Chu* tai va giao hang titng phan 187

Van tai don hoan hao 189

Nhimg sita chita va thay dOi 189

Hang haa cap nhieu van don 191

Van tai ddn theo hdp citing thus tau 193

Ky van tai don theo hop (long thus tau 193

NhCmg ghi chit da bOc hang 195

nhan hang, ben ra lenh, ngutii girl hang va k9 197 hau, ben thong bao

Van tai don theo hop d6ng thus tau hoan hao 199

Nhang sita chCta va thay doi 199

Ban g6c chang tit van tai hang khong 203 K9 chCmg tit van tai hang khong 203 Hang hoa nhan de chef, ngay giao hang va yeu ceu 205 ngay gifi hang thut to

15

Airports of departure and destination 204 Consignee, order party and notify party 206

Road, Rail or Inland waterway transport 212

documents

Original and duplicate of road, rail or inland 212 waterway transport documents

Carrier and signing of road, rail or inland waterway 212 transport documents

Insurance document and coverage 218

16

BO TAP QUAN QUOC TE VE L/C

San bay khdi hanh va den 205 Ngu'di nhan, ben ra lenh va ben thOng bao 207 Chuyen tai va giao hang tUng phan 207 ChU'ng tit van tai hang kh6ng hoan hao 209

Nhi:tng so'a chita va thay d6i 209

Chang tit' van tai during bo, cludng sat va &tong 213 song

Ban geic tha nhat va tha hai cOa chiing tit van tai 213 during b6, clueing sat va du'Ong song

Ngudi chuyen chi va viec ky cad cht:ing tit van tai 213 du'Ong b0, during sat va during song

Ben ra lenh va ben thong bao 215

Chang tit bio hiem va bio hiem 219

Ap dung Dieu 28 UCP 600 219

NhCtng ngudi phat hanh chu'ng tit bao hiem 219 NhCtng rUi ro dudc bao hiem 219

Ben dt.toc P6o hi6'm va ky hau 223

NhCrng ngudi phat hanh Gray chang nhan xuat xtir 225 NhCtng not dung cua Giay ch(tng nhan xuat xit 225

Part III SUPPLEMENT TO THE UNIFORM 228

CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS FOR ELECTRONIC PRESENTATION

VERSION 1.1/2007/ICC

Article e2: Relationship of eUCP to the UCP 230

Part IV UNIFORM RULES FOR BANK-TO-BANK 244

REIMBURSEMENTS UNDER DOCUMENTARY CREDITS, PUBLICATION No.725/2008/ICC

A General Provisions and Definitions 246

Phgn III BAN PHU TRUONG UCP 600 VE VIEC 229

XUAT TRINH CHCING TO' DIEN - BAN DIEN

GIAI SO 1.1 NAM 2007 (eUCP=1.1/2007/ICC)

Di5u el: Pham vi ap dung eUCP 231 Di5u e2: Moi quan he cua eUCP va UCP 231

Di5u e7: Th6ng bao tit ch6i 239 Di5u e8: Chang tit g6c va b5n sao 241

Di5u ell: Siva d6i chCrng til dien to sau khi da phat 243 hanh

Di5u e12: Su mien trach d6i vqi vidc xuat 243 trinh chung tit din tit then eUCP

Phgn IV QUY TAC THONG NHAT HOAN TRA 245 TIEN GILIA CAC NGAN HANG THEO THU TIN

DUNG - URR-725/2008/ICC

A Di6u khoin chung va dinh nghia 247

Di5u 3: Oy quAn hoan tra va Thu' tin dung 251

Di5u 4: Thanh toan yOu ca'u hoan tra 251

Article 5: Responsibility of the Issuing bank 250

C Form and Notification of authorisations, 250

amendments and claims

Article 6: Issuance and Receipt of a Reimbursement 250 Authorization or Reimbursement Amendment

Article 7: Expiry of a Reimbursement Authorization 256 Article 8: Amendment or Cancellation of Reimbursement 256 Authorization

Article 10: Standards for a Reimbursement Claim 266 Article 11: Processing a Reimbursement Claim 268 Article 12 - Duplications of a Reimbursement 272 Authorization

D Miscellaneous provisions 274

Article 14: Disclaimer on the Transmission of 274 Messages

Dieu 5: Mach nhiem cOa Ngan hang phat hanh 251

C Hinh thdc va thOng bac , cac Uy quyOn, cac 251

sira doi va cac You cgu hoan tra

Dieu 6: Phat hanh va tip nhan Uy quy6n hoar) tra, 251

sua d6i hoar) tra

Dieu 7: Thdi han hieu lut caa Uy quy6n hoan tra 257 Dieu 8: Siva d6i hoac huy IDO Uy quyen hoan tra 257

Dieu 10: Cac tieu chugn d6i vOi Yeu c6u hoar) tra 267

D Cac di6u kho'in khac 275

Di6u 14: Su mien trach y6 chuye'n dich thu tU va 275 dien tin

Dieu 17: Cac khieu nai v6 tin lai/t6n th6t v6 gia tri 277

Part I

THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS, 2007 REVISION, ICC

PUBLICATION NO.600

(UCP-600/2007/ICC)

Min I

CAC QUY TAC VA THIIC HANH

CHONG TO CilA ICC

(UCP-600/2007/ICC)

BAN SC!A DOI NAM 2007 VA CO HO LOC TO' 01/7/2007

PHONG THONG MAI WC ft- ICC

FOREWORD

This revision of the Uniform Customs and Practice for Documentary Credits (commonly called "UCP") is the sixth revision of the rules since they were first promulgated in

1933 It is the fruit of more than three years of work by the International Chamber of Commerce's (ICC) Commission

on Banking Technique and Practice

ICC, which was established in 1919, had as its primary objective facilitating the flow of international trade at a time when nationalism and protectionism posed serious threats to the world trading system It was in that spirit that the UCP were first introduced — to alleviate the confusion caused by individual countries' promoting their own national rules on letter of credit practice The objective, since attained, was to create a set of contractual rules that would establish uniformity in that practice, so that practitioners would not have to cope with a plethora of often conflicting national regulations The universal acceptance of the UCP by practitioners in countries with widely divergent economic and judicial systems is a testament to the rules' success

It is important to recall that the UCP represent the work of

a private international organization, not a governmental body Since its inception, ICC has insisted on the central role of self-regulation in business practice These rules, formulated entirely by experts in the private sector, have validated that approach A range of individuals and groups contributed to the current revision, which is entitled UCP

600 These include the UCP Drafting Group, which sifted

24

UCP — 600 /2007/ ICC

có he th6ng kinh va phap luat rat khac biet la bang chi:mg khang dinh su' thbnh cOng dia Quy tac nay

Can lu'u y rang UCP lb san pham caa mot t6 chth qu6c tu' nhan chit kh6ng phai la co quan chinh phCi Ngay tit khi mdi hoat d6ng, ICC d5 luon nhan mang vai trO quan trong cua kha nang tot dieu fiat trong thcic tien kinh doanh Ban Quy tac

nay, hobn town do cac chuyen gia thu6c khu vu'c nhan soan thao, d5 khang dinh ditoc tinh ding dan cua quan digm tren UCP lb b6 quy tac tti nhan ye thudng mai thanh cOng nhat tit tat& don nay

Rat nhi6u ca nhan va t6 chitc da clang gap cho ban sita doi

Ian nay, voi ten goi la UCP 600 DO lb: nhorn soan thao UCP,

25

PIIda mow my oak TE - ICC

through more than 5000 individual comments before arriving at this consensus text; the UCP Consulting Group, consisting of members from more than 25 countries, which served as the advisory body reacting to and proposing changes to the various drafts; the more than

400 members of the ICC Commission on Banking Technique and Practice who made pertinent suggestions for changes in the text; and ICC national committees worldwide which took an active role in consolidating comments from their members The UCP remain the most successful set of private rules for trade ever developed ICC also expresses its gratitude to practitioners in the transport and insurance industries, whose perceptive suggestions honed the final draft

GUY SEBBAN Secretary General International Chamber of Commerce

26

UCP — 600 /2007/ ICC

mum mow MA/ ode ICC

da nghien c(tu, xem xet k9 litong tren 5000 9 kin gop trudc khi du'a ra van b5n du'oc chap nhan cu6i ding; nh6m tu' van UCP, bao gom cac thanh vien tit hon 25 qu6c gia, Bong vai tr6 la co quan tu' van a ph5n hoi va de xuat nhitng thay dOi trong qua trinh soan th5o; ten 400 thanh vien trong

Uy ban K9 thuat va Tap guar' Ngan hang cUa ICC da du'a

ra cac ggi y thich clang dg sita d6i van b5n; cac l'.19 ban

quoc gia cUa ICC ten kliac the gidi &rig vai tre tich cyc trong viec tap hop y kign gop y tit cac thanh vier) cUa

ho ICC cung bay to stf cam cm d6i vdi cac nha thyc hanh trong nganh van t6i va b5o him vg kin sau sac

cho b5n dU th5o cu6i cung

GUY SEBBAN

Teing thu kjt Ph6ng Thwing mai Qu6c

PHoN11 WON MAI OUOC 'cc

INTRODUCTION

In May 2003, the International Chamber of Commerce authorized the ICC Commission on Banking Technique and Practice (Banking Commission) to begin a revision of the Uniform Customs and Practice for Documentary Credits, ICC Publication 500

As with other revisions, the general objective was to address developments in the banking, transport and insurance industries Additionally, there was a need to look at the language and style used in the UCP to remove wording that could lead to inconsistent application and interpretation

When work on the revision started, a number of global surveys indicated that, because of discrepancies, approximately 70% of documents presented under letters

of credit were being rejected on first presentation This obviously had, and continues to have, a negative effect on the letter of credit being seen as a means of payment and,

if unchecked, could have serious implications for maintaining or increasing its market share as a recognized means of settlement in international trade The introduction by banks of a discrepancy fee has highlighted the importance of this issue, especially when the underlying discrepancies have been found to be dubious

or unsound Whilst the number of cases involving litigation has not grown during the lifetime of UCP 500, the introduction of the ICC's Documentary Credit Dispute Resolution Expertise Rules (DOCDEX) in October 1997 (subsequently revised in March 2002) has resulted in more than 60 cases being decided

To address these and other concerns, the Banking Commission established a Drafting Group to revise UCP 500 It was also decided to create a second group,

28

UCP — 600 /2007/ ICC

LOI GIOI THIN

Thang 5/2003, Phong Thu'ong mai Qu6c to d5 ay quy6n cho Cly Ban Kji thuat va Tap quan Ngan hang (goi tat la Uy ban Ngan hang) tri6n khai sua d6i ban Quy tac va Thcfc hanh th6ng nhat v6 Tin dung chang tit, an pham ICC s6 500 Cung nhu' cac Ian sCia d6i khac, muc tieu co ban la phan anh du'oc nhu'rig thay doi va phat tri6n trong linh vkic ngan hang, van tail va bao hiem Ngobi ra, can phai xem xet lai ngOn ngCt va cach hanh van dang du'oc sit dung trong UCP de loci IDO cau chit co the an den viec ap dung va giai thich khOng th6ng nhat

Khi cOng viec sita d6i ban quy tac ban Tau, mot so khao sat tren pham vi quOc to chi ra rang khoang 70% chCfng to xuat trinh then That tin dung bi tilt ch6i trong I5n xuat trinh Tau tien

do co nhang sal sot Ro rang dieu nay da va se tiap tuc anh hdong xau clan Thu' tin dung von du'oc col la mot phu'ong tien thanh toan, va neu kh6ng duoc di6u chinh,

se co nhiing tac dOng nghiem trong den viec- duy tri va gia tang thi phan cilia Tin dung chO'ng till nhu' la mot phu'ong tien thanh toan quan trong trong thu'ong mai qu6c ta Vi6c mot s6 ngan hang du'a ra phi sai biet cua chang till cang to tam quan trong cilia van d6 nay, dac biet la nhieu sai sot khong ro rang va hgp ly Mac du s6 vu kien cao khOng tang trong thdi gian ap dung UCP 500, viec ban hanh ban Quy tac Giai quyat tranh chap v6 Tin dung chang till (DOCDEX) cilia ICC vao thong 10/1997 (va du'gc sa'a d6i vao thong 3/2002) da clan den non 60 vu kien phai xet

06 giai quy6t nhi:ing van d6 nay va mot s6 van d6 khac co lien quan, U y ban Ngan hang thanh lap Nhom soar thao cre sita d6i UCP 500 NhOrn tha hail la Nhom tu' van cOng du'dc thanh lap cid ra soat va gop jr cho cac du' thao

PHuNG MIRING MAI WIC

known as the Consulting Group, to review and advise on early drafts submitted by the Drafting Group The Consulting Group, made up of over 40 individuals from 26 countries, consisted of banking and transport industry experts Ably co-chaired by John Turnbull, Deputy General Manager, Sumitomo Mitsui Banking Corporation Europe Ltd, London and Carlo Di Ninni, Adviser, Italian Bankers Association, Rome, the Consulting Group provided valuable input to the Drafting Group prior to release of draft texts to ICC national committees

The Drafting Group began the review process by analyzing the content of the official Opinions issued by the Banking Commission under UCP 500 Some 500 Opinions were reviewed to assess whether the issues involved warranted a change in, an addition to or a deletion of any UCP article In addition, consideration was given to the content of the four Position Papers issued by the Commission in September 1994, the two Decisions issued by the Commission (concerning the introduction of the euro and the determination of what constituted an original document under UCP 500 sub-article 20(b) and the decisions issued in DOCDEX cases

During the revision process, notice was taken of the considerable work that had been completed in creating the International Standard Banking Practice for the Examination of Documents under Documentary Credits

(ISBP), ICC Publication 645 This publication has evolved into a of documents with the terms of letters of credit It

is the necessary companion to the UCP for determining compliance expectation of the Drafting Group and the Banking Commission that the application of the principles contained in the ISBP, including subsequent revisions thereof, will continue during the time UCP 600 is in force

At the time UCP 600 is implemented, there will be

an updated version of the ISBP to bring its contents

in line with the substance and style of the new rules

30

UCP— 600 /2007/ ICC

Pan WONG MAI Nith TE - icc

do NhOm soan thao de trinh Nhom to van, vdi tran 40 thanh vier) tit 26 qu6c gia, bao g6m nhigu chuyen gia trong ngarth ng5n hang va van tai Dud sv chi dao cOa John Turbull, Phd Tang giam d6c Tap doan Ngan hang Sumitomo Mitsui Ch5u Au tai London va Carlo Di Ninni, C6 van Hiep hOi Ngan hang Italia tai Rome, Nhom to van da du'a

ra nliCtrig gdp y rat co gia tri cho Nhom soan thao tilt& khi

de trinh du thao len cac Oy ban qu6c gia cOa ICC Nhom soan thao bat d5u qua trinh ra soat bang viec phan tich nht:tng y kign chinh thitc cua Oy ban Ng5n hang doi vdi UCP 500 Khoang 500 y kign d5 du'dc xem xet dg danh gia xem khi giai quyel cac van de phat sinh se can phai sita d6i, b6 sung hay xda b6 digu khoan nao trong UCP Ngobi ra, NhOm cOng xem xet 4 ban danh gia do Oy ban Ngan hang du'a ra vao thang 9/1994, 2 Quygt dinh coa Oy ban Ngan hang (lien quan den d6ng euro va quy dinh vg viec xac dinh ch(tng tit g6c theo trdu muc 20(b) cua UCP 500 va cad phan quygt &roc ban hanh trong cac vu kien dia DOCDEX)

Trong qua trinh sita d6i, nhom lam vied cOng luu y dgn kh6i lu'dng cong viec clang kg phai hoan thanh khi soan thao Tap quan Ngan hang Tieu chuen Qu6c to ding de kigm tra chCing tit trong phudng thac Tin dung chi:mg tit (International Standard Banking Practice for the Examination

of Documents under Documentary Credits — ISBP), an pham ICC s6 645 An pham nay da tra thanh mot tai lieu quan trong kem theo UCP dg xac dinh miltc do phO hop cila chUng tit vai cac digu khoan cOa Thu tin dung Nhom soan thao va Oy ban Ngan hang by vong cac nguyen tbc cua

ISBP, kd ca cac sita d6i sau nay, se tip tuc du'oc bp dung trong thdi gian UCP 600 c6 hidu Khi UCP 600 dudc

ap dung, ISBP cung se dtioc cap nhbt de not dung cOa

no phu hop vdi b6n chgt va hinh thctc cua Quy tbc mdi

31

Mon THONG MAI QUI1C TE -ICC

The Position Papers issued in September 1994 were issued subject to their application under UCP 500; therefore, they will not be applicable under UCP 600 The essence of the Decision covering the determination of an original document has been incorporated into the text of UCP 600 The outcome of the DOCDEX cases were invariably based on existing ICC Banking Commission Opinions and therefore contained no specific issues that required addressing in these rules.One of the structural changes to the UCP is the introduction of articles covering definitions (article 2) and interpretations (article 3) In providing definitions of roles played by banks and the meaning of specific terms and events, UCP 600 avoids the necessity of repetitive text to explain their interpretation and application Similarly, the article covering interpretations aims to take the ambiguity out of vague or unclear language that appears in letters of credit and to provide a definitive elucidation of other characteristics of the UCP or the credit

During the course of the last three years, ICC national committees were canvassed on a range of issues to determine their preferences on alternative texts submitted

by the Drafting Group The results of this exercise and the considerable input from national committees on individual items in the text is reflected in the content of UCP 600 The Drafting Group considered, not only the current practice relative to the documentary credit, but also tried

to envisage the future evolution of that practice

This revision of the UCP represents the culmination of over three years of extensive analysis, review, debate and compromise amongst the various members of the Drafting Group, the members of the Banking Commission and the respective ICC national committees Valuable comment has also been received from the ICC Commission on Transport and Logistics, the Commission on Commercial Law and Practice and the Committee on Insurance

32

UCP — 600 /2007/ ICC

PHONE II/11M M41 CUOC TE - 'cc

B6n ban danh gia phbt hanh vao thang 9/1994 du'a tren cac nguyen lac cua UCP 500, do do se khOng bp dung du'oc cho UCP 600 Nhang van d6 quan trong trong Quye't dinh v6 viOc xac dinh chang g6c d5 du'oc du'a vao not dung cua UCP 600 Phan quyet trong cac vu kiOn cua DOCDEX van dcra theo y kien danh gia cua Oy ban Ngan hang ICC non khOng CO not dung cu thd nao can cli6u chinh trong ban buy tac nay

M6t trong nhang thay d6i trong cau truc cua UCP lb da

-dub vao cac di6u khoan ve dinh nghia (Di6u 2) va giai thich (Di6u 3) Khi du'a ra dinh nghia ve vai tit cua ngan hang va y nghia cua cac thuat ng[i va sir kiOn cu thd, UCP

600 khOng nhac lai Idi van dd rm5 to cach giai thich va bp dung Thong ter, di6u khoan giai thich nh5m Ioai bo

su' map and hoac khOng r6 rang trong ng6n ngir thu'Ong

xu5t hiOn trong tha tin dung va dua ra su' giai thich dill

khoat cac dac tru'ng cua UCP hoac Thu tin dung Trong 3 nam qua, cac Oy ban qu6c gia cua ICC (55 nghien cal hang loat van de co lien quan dd Iua chon ra clu'oc van ban phi) hap nhat ma Nhom soan thao trinh lOn K6t qua cua viec nghiOn c(tu nay cOng nhu nhi6u dOng gOp cua cac Uy ban qu6c gia doi vai nhi6u muc trong van ban du'oc thd hiOn ro trong not dung cua UCP 600 NhOm soan thao da kh6ng chi xem xet thcfc tin dang din ra co lien quan dgn Tin dung chimg tU ma con can nhac ca nha'ng xu hu'ong phat trie'n cua no trong tuting lai

Ban sira d6i UCP nay la 1c6t qua cua hcin 3 nam phan tich ra soat, tranh luan va dung hoa giu'a cac thanh vien cua NhOm soan thao, Oy ban Ngan hang va cac Uy ban qu6c gia

co lien quan cua ICC Cac gop y Cat co gia tri cOng du'oc

dOn tif Uy ban va Van tai va Logistics cua ICC, uy ban ve phap luat va Thcrc hanh thu'ong mai va Uy ban va bao hidm

PHONE TIMM MAI 0111IC rte-icc

It is not appropriate for this publication to provide an explanation as to why an article has been worded in such

a way or what is intended by its incorporation into the rules For those interested in understanding the rationale and interpretation of the articles of UCP 600, this information will be found in the Commentary to the rules, ICC Publication 601, which represents the Drafting Group's views

On behalf of the Drafting Group I would like to extend our deep appreciation to the members of the Consulting Group, Group, ICC national committees and members of the Banking Commission for their professional comments and their constructive participation in this process

Special thanks are due to the members of the Drafting Group and their institutions, who are listed below in alphabetical order

Nicole Keller — Vice President, Service International Products, Dresdner Bank AG, Frankfurt, Germany; Representative to the ICC Commission on Banking Technique and Practice;

Laurence Kooy — Legal Adviser, BNP Paribas, Paris, France; Representative to the ICC Commission on Banking Technique and Practice

Katja Lehr — Business Manager, Trade Services Standards, SWIFT, La Hulpe, Belgium, then Vice President, Membership Representation, International Financial Services Association, New Jersey, USA; Representative to the ICC Commission on Banking Technique and Practice;

Ole Malmqvist — Vice President, Danske Bank, Copenhagen, Denmark; Representative to the ICC Commission on Banking Technique and Practice;

Paul Miserez — Head of Trade Finance Standards, SWIFT,

La Hulpe, Belgium; Representative to the ICC Commission

on Banking Technique and Practice;

34

UCP — 600 /2007/ ICC

PIMAW WOW MAI vac TE - ICC

Se kh6ng thich hop nau du'a vac) b5n Quy tac nay Idi giai thich tai sao tCrng dieu kho5n lai du'oc soan th5o nhu v5y, ho5c tai sao dieu kho5n do lai duoc du'a vac) trong b5n quy tac NhCmg ngudi quan tam tim higu va I9 do va giai thich cUa cac di6u kho5n trong UCP 600 co th6 tim doc trong b5n binh 1u5n quy tac, an phdm ICC so 601, trong do th6 hien quan diem cUa Nhom soan th5o

Thay mat Nhom soan th5o, tOi main giti Id cam on sat.] sac tdi cac thanh vien cua Nhom tu' van, cac Uy ban qu6c gia caa ICC va cac thanh vien Uy ban Ngan hang v'g nhimg kien &mg gap v6 chuyen m6n va sy' tham gia mang tinh xay dung cUa ho trong qua trinh soan th5o

D5c biat cam on cac thanh vien cUa Nhom soan th5o

va cac t6 chac cua ho, du'oc liet ke du'di day theo ter alphabe:

Nicole Keller — Pho ch6 tich, phi) trach S5n phdm dich vu quOc ta, Dresdner Bank AG, Frakfurt, D(tc;

Laurence Kooy — CO van phap 1u5t; BNP Paribas, Paris; Dai dien tai Uy ban K9 thu5t va T5p quan Ng5n hang cUa ICC: Katja Lehr — Giam d6c kinh doanh, Tieu chudn dich vu thu'ong mai, SWIFT, La Hulpe, Bi; sau nay la Pho ch6 tich, thanh vien cOa co quan Dai dien, Hiep h6i dich vu tai chInh quOc ta, New Jersey, Hoa k9; Dai dien tai Uy ban K9 thu5t va T5p guar' Ngan hang cCia ICC;

Ole Malmqvist — Pho chU tich, Ngan hang Danske, Copenhagen, Dan Mach; Dai dien tai Uy ban k9 thu5t va T5p quan Ngan hang caa ICC;

Paul Miserez — TruOng ban phu trach tieu chudn tai chInh thuong mai, SWIFT, La Hulpe, Bi; Dai dien tai Uy ban K9 thu5t va T5p quan Ngan hang cCia ICC;

PRONG IOW M4I ou4k ice

Renne Mueller — Director, Credit Suisse, Zurich, Switzerland; Representative to the ICC Commission on Banking Technique and Practice;

Ghee Seng Soh — Consultant, Association of Banks in Singapore, Singapore; Representative to the ICC Commission on Banking Technique and Practice;

Dan Taylor — President and CEO, International Financial Services Association., New Jersey USA; Vice Chairman, ICC Commission on Banking Technique and Practice;

Alexander Zelenov — Director, Vnesheconombank, Moscow, Russia; Vice Chairman, ICC Commission on Banking Technique and Practice;

Ron Katz — Policy Manager, ICC Commission on Banking Technique and Practice, International Chamber of Commerce, Paris, France

The undersigned had the pleasure of chairing the Drafting Group

It was through the generous giving of their knowledge, time and energy that this revision was accomplished so successfully As Chair of the Drafting Group, I would like

to extend to them and to their institutions my gratitude for their contribution, for a job well done and for their friendship I would also like to extend my sincere thanks to the management of ABN AMR() Bank N.V., for their understanding, patience and support during the course of this revision process

GARY COLLYER Corporate Director, ABN AMR() Bank N.V., London, England and Technical Adviser to the ICC Commission on Banking Technique and Practice - November 2006

36

UCP — 600 /2007/ ICC

PHONG THONG MA/ QUOC

Rene Mueller — Giam d6c, Credit Suisse, Zurich, Thuy Si; dai dien tai Oy ban Ky thu5t va T5p quan Ng5n hang cOa ICC; Chee Seng Soh — Nha tu' van, Hiep hoi ngan hang Singapore, Singapore; dai dien tai Uy ban K9 thu5t va T5p quan Ng5n hang cOa ICC;

Dan Taylor — Chu tich kiem Giam d6c dieu hanh, Hiep h6i dich V y tai chinh qu6c te, New Jersey, Hoa Ky; Pho cha tich, CJy ban Ky thu5t va T5p quan Ng5n hang caa ICC;

Alexander Zelenov — Giam d6c, Vnesheconombank, Maxcava, Nga, Pho chi] tich, ciy ban Ky thu5t va T5p quan Ngan hang cOa ICC;

Ron Katz — Giam d6c phu trach chinh sach, C.ly ban Ky thu5t

va T5p quan Ngan hang cOa ICC; Ph6ng Thu'dng mai Qu6c

te, Paris, Phap

Ngubi ky ten du'ai day co vinh du lam ChO tich Nhom soan than

NhO su' clang gOp hao hi'ep ca \re kien thCtc, thoi gian va nang luc cOa cac thanh vien, ban sCta d6i In nay da hoan thanh mot cach tot dep Vdi tt1 cach lb Chi] tich NhOm soan than, t6i xin cam on den cac thanh vien va t6 chirc cOa

ho ve su dong gOp, sLt hoan thanh cong viec mot cach tot dep va tinh ban hU'u nghi TOi cOng mu6n gui Idi cam on den Ban quan tri Ngan hang ABN AMR() N.V., ye su' thOng

cam, kien tri va ung h6 cua ho trong qua trinh soan than I:16n

Quy t6c nay

Gary Collyer Giam D6c Ngan hang ABN AMR() N.V., London, Anh

Co van k9 thuat cUa Oy ban K9 thuat

va Tap quan Ngan hang cila ICC Thang 11/2006

PRONG WON MA/ 01111C 'cc

Article 1: Application of UCP

The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication no 600 ("UCP") are rules that apply to any documentary credit ("credit") (including, to the extent to which they may be applicable, any standby letter of credit) when the text of the credit expressly indicates that it is subject to these rules They are binding on all parties thereto unless expressly modified or excluded by the credit

Article 2 : Definitions

For the purpose of these rules:

Advising bank means the bank that advises the credit at

the request of the issuing bank

Applicant means the party on whose request the credit is issued

Banking day means a day on which a bank is regularly open at the place at which an act subject to these rules is

to be performed

Beneficiary means the party in whose favour a credit is issued

Complying presentation means a presentation that is in

accordance with the terms and conditions of the credit, the applicable provisions of these rules and international standard banking practice

Confirmation means a definite undertaking of the

confirming bank, in addition to that of the issuing bank, to honour or negotiate a complying presentation

38

UCP — 600 /2007/ ICC

PHONG MON MA/ &VC 'cc

eiiu 1: Ap dung UCP

Cac quy t5c TN1'c hanh Th6ng nh5t v6 Tinh dung chctng tii, bAn sU'a d6i 2007, ICC xual bk so 600 ("UCP") la cac Quy t5c ap dung cho b5t ky Tin dung chCmg tit ("tin dung") nao (bao gom c5 this tin dung du phOng trong chtIng mu'c ma cac Quy t5c nay có the ap dung) nat., not dung caa tin dung chi ra mot cach ro rang no phu thu6c vao cac Quy t5c nay Cac Quy t5c nay rang bu6c tat c5 cac ben, tru khi tin dung loci trii hoec mot cach CO rang

Min 2: Dinh nghia

Nh'aM muc dich cOa cac Quy t5c nay:

Ngan hang thong bao la ngan hang flan hanh th6ng bao tin dung theo yeu c5u coa Ngan hang phat hanh

Ngudi you cau la ben ma theo yeu c5u dia ben do, tin dung dtioc phat hanh

Ngay lam vi0c ngan hang la mot ngay ma ngan hang thufOng mii cisa tai not ma mot hoat d6ng có lien quan den cac Quy t5c nay du'oc thu'c hien

Ngutii thy huang la ben ma vi quyen loi cila ben do, mot tin dung du'oc phat hanh

Xuat trinh phi) hdp nghia la mot xuat trinh phu hop vai cac di6u kien va di6u kho5n ci.la tin dung, Gila cac dieu khok có the ap dung cUa Quy t5c nay va voi tap quan ng5n hang tieu chuSn quoc te

Xac nhan /a mot cam k6t chk ch5n cua Ngan hang xac nhan, ngoai cam ket cUa Ngan hang phat hanh v6 viec thanh toan hoec thuting luong thanh toan khi xual trinh phi] hop