The Risks of Letter of Credit on Banks and the Effect of Uniform Customs and Practice for Documentary Credit (UCP 600) in Reducing it An Empirical Study on Jordanian Banks


Abstract in English

This study aims to shed the light on the threats that facing the commercial banks dealing with the Documentary Credits, and the affect of the ICC Uniform Customs and Practice for Documentary Credits (UCP 600) in reducing these threats.

References used

UCP 600, 2007- ICC Uniform Customs and Practice for Documentary Credits 2007 Revision, International Chamber of Commerce, ICC Publication No. 600
COLLYER G.; O` BRIEN V., 2009- Applying the principles of UCP 600: Its Today’s turbulent environment session 2, International Chamber of Commerce, June
O` BRIEN V., 2009- Rethinking Trade Finance 2009: Global Survey, An Banking Commission Market Intelligence Report, June

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