跟单信用证统一惯例500(英文版)biwo.docx

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1、Evaluation Warning: The document was created with Spire.Doc for .NET.Uniform Customs and Practice for Documentary Credits (1993 Revision)A. GENEERAL PPROVISSIONS AND DDEFINIITIONSS Artiicle 11. Appplicattion oof UCPP The Unifoorm Cuustomss and Practtice ffor Doocumenntary Crediits, 11993 RRevisiion,

2、 IICC Puublicaation No. 5500, sshall applyy to aall doocumenntary Crediits (iincludding tto thee exteent too whicch theey mayy be aappliccable, Stanndby LLetterr(s) oof Creedit) wheree theyy are incorrporatted innto thhe texxt of the CCreditt. Theey aree bindding oon alll partties ttheretto, unnless

3、 otherrwise expreessly stipuulatedd in tthe Crredit. Artiicle 22. Meaaning of Crredit For tthe puurposees of thesee Artiicles, the expreessionns Doocumenntary Crediit (s) andd Staandby Letteer(s) of Crredit (herreinaffter rreferrred too as Crediit (s) ), mean aany arrrangeement, howeever nnamed or d

4、eescribbed, wwherebby a bbank(tthe IIssuinng Bannk) aactingg at tthe reequestt and on thhe insstructtions of a custoomer (the Appliicant) or on itts ownn behaalf, i) iis to make a payyment to orr to tthe orrder oof a tthird partyy(the Beneeficiaary), or iis to acceppt andd pay billss of eexchannge(D

5、rraft(ss) drrawn bby thee Beneeficiaary, oor iii) auuthoriizes aanotheer bannk to effecct succh payyment, or tto acccept aand paay succh billls off exchhange(Draftt(s), or iii) authhorizees anoother bank to neegotiaate, aagainsst stiipulatted doocumennt(s), provvided that the tterms and ccondittions

6、 of thhe Creedit aare coomplieed witth. Foor thee purpposes of thhese AArticlles, bbranchhes off a baank inn diffferentt counntriess are consiideredd anotther bbank. Articcle 3. Creddits vv. Conntractts a. Crediits, bby theeir naature, are separrate ttransaactionns froom thee salees or otherr conttr

7、act(s) onn whicch theey mayy be bbased and bbanks are iin no way cconcerrned wwith oor bouund byy suchh conttract(s), eeven iif anyy refeerencee whattsoeveer to such contrract(ss) is incluuded iin thee Creddit. CConseqquentlly, thhe unddertakking oof a bbank tto payy, acccept aand paay Draaft(s) or

8、nnegotiiate aand/orr to ffulfilll anyy otheer oblligatiion unnder tthe Crredit, is nnot suubjectt to cclaimss or ddefensses byy the Appliicant resullting from his rrelatiionshiips wiith thhe Isssuing Bank or thhe Benneficiiary. b. A Beeneficciary can iin no case availl himsself oof thee conttractuua

9、l reelatioonshipps exiistingg betwween tthe baanks oor bettween the AAppliccant aand thhe Isssuing Bank. Artiicle 44. Doccumentts v. Goodss/Servvices/Perfoormancces Inn Creddit opperatiions aall paartiess conccernedd deall withh docuumentss, andd not with goodss, serrvicess and/or otther pperforrman

10、cees to whichh the documments may rrelatee. Artticle 5. Innstrucctionss to IIssue/Amendd Creddits aa. Insstructtions for tthe isssuancce of a Creedit, the CCreditt itseelf, iinstruuctionns forr an aamendmment ttheretto, annd thee amenndmentt itseelf, mmust bbe commpletee and preciise. IIn ordder too

11、 guarrd agaainst confuusion and mmisundderstaandingg, bannks shhould discoouragee any attemmpt i) too incllude eexcesssive ddetaill in tthe Crredit or inn any amenddment thereeto; ii) to giive innstrucctionss to iissue, adviise orr conffirm aa Creddit byy refeerencee to aa Creddit prreviouusly iissu

12、edd (simmilar Crediit) whhere ssuch pprevioous Crredit has bbeen ssubjecct to acceppted aamendmment(ss), annd/or unaccceptedd amenndmentt(s), b. Alll insstructtions for tthe isssuancce of a Creedit aand thhe Creedit iitselff and, wherre appplicabble, aall innstrucctionss for an ammendmeent thheretoo

13、 and the aamendmment iitselff, musst staate prreciseely thhe doccumentt(s) aagainsst whiich paaymentt, accceptannce orr negootiatiion iss to bbe madde. B. FORMM AND NOTIFFICATIIOIN OOF CREEDITS Articcle 6. Revoocablee v. IIrrevoocablee Creddits aa. A CCreditt may be eiither i) revoccable, or ii) irr

14、evvocablle. b. The Crediit, thherefoore, sshouldd cleaarly iindicaate whhetherr it iis revvocablle or irrevvocablle. c. In tthe abbsencee of ssuch iindicaation the CCreditt shalll be deemeed to be irrrevoccable. Articlee 7. AAdvisiing Baanks Liabiility a. A Crediit mayy be aadviseed to a Benneficiia

15、ry tthrouggh anoother bank(the Advissing BBank) withhout eengageement on thhe parrt of the AAdvisiing Baank, bbut thhat baank, iif it electts to advisse thee Creddit, sshall take reasoonablee caree to ccheck the aappareent auuthentticityy of tthe Crredit whichh it aadvisees. Iff the bank electts not

16、t to aadvisee the Crediit, itt mustt so iinformm the Issuiing Baank wiithoutt delaay. b. If tthe Addvisinng Bannk cannnot eestabllish ssuch aappareent auuthentticityy it mmust iinformm, witthout delayy, thee bankk fromm whicch thee insttructiions aappearr to hhave bbeen rreceivved thhat itt has been

17、 unablle to estabblish the aauthennticitty of the CCreditt and if itt eleccts noonetheeless to addvise the CCreditt it mmust iinformm the Benefficiarry thaat it has nnot beeen abble too estaablishh the autheenticiity off the Crediit. Arrticlee 8. RRevocaation of a Crediit a. A revvocablle Creedit mm

18、ay bee amennded oor canncelleed by the IIssuinng Bannk at any mmomentt and withoout prrior nnoticee to tthe Beeneficciary. b. HHoweveer, thhe Isssuing Bank must: i) reimmbursee anotther bbank wwith wwhich a revvocablle Creedit hhas beeen maade avvailabble foor sigght paaymentt, accceptannce orr nego

19、otiatiion-foor anyy paymment, accepptancee or nnegotiiationn madee by ssuch bbank-pprior to reeceiptt by iit of noticce of amenddment or caancelllationn, agaainst documments whichh appeear onn theiir facce to be inn comppliancce witth thee termms andd condditionns of the CCreditt, ii) rreimbuurse aa

20、notheer bannk witth whiich a revoccable Crediit hass beenn madee avaiilablee for deferrred ppaymennt, iff suchh a baank haas, prrior tto recceipt by itt of nnoticee of aamendmment oor canncellaation, takeen up documments whichh appeear onn theiir facce to be inn comppliancce witth thee termms andd c

21、ondditionns of the CCreditt. Artticle 9. Liiabiliity off Issuuing aand Coonfirmming BBanks a. Ann irreevocabble Crredit consttitutees a ddefiniite unndertaaking of thhe Isssuing Bank, provvided that the sstipullated documments are ppresennted tto thee Nomiinatedd Bankk or tto thee Issuuing BBank aan

22、d thhat thhe terrms annd connditioons off the Crediit aree compplied with: i) if tthe Crredit proviides ffor siight ppaymennt-to pay aat sigght; ii) if the CCreditt provvides for ddeferrred paaymentt-to ppay onn the maturrity ddate(ss) detterminnable in acccordaance wwith tthe sttipulaationss of tth

23、e Crredit; iiii) iff the Crediit proovidess for accepptancee; (a) by thhe Isssuing Bank-to acccept Draftt(s) ddrawn by thhe Benneficiiary oon thee Issuuing BBank aand paay theem at maturrity, or (b) by aanotheer draawee bbank-tto acccept aand paay at maturrity DDraft(s) drrawn bby thee Beneeficiaary

24、 onn the Issuiing Baank inn the eventt the draweee bannk stiipulatted inn the Crediit doees nott acceept Drraft(ss) draawn onn it, or too pay Draftt(s) aacceptted buut nott paidd by ssuch ddraweee bankk at mmaturiity; iv) if thhe Creedit pproviddes foor neggotiattion-tto payy withhout rrecourrse too

25、 drawwers aand/orr bonaa fidee holdders, Draftt(s) ddrawn by thhe Benneficiiary aand/orr docuument(s) prresentted unnder tthe Crredit. A Crredit shoulld nott be iissuedd avaiilablee by DDraft(s) onn the Appliicant. If tthe Crredit neverrtheleess caalls ffor Drraft(ss) on the AAppliccant, bankss will

26、l conssider such Draftt(s) aas an addittionall docuument(s). bb. A cconfirrmatioon of an irrrevoccable Crediit by anothher baank (tthe Conffirminng Bankk) uppon thhe autthorizzationn or rrequesst of the IIssuinng Bannk, coonstittutes a deffinitee undeertakiing off the Confiirmingg Bankk, in addittio

27、n tto thaat of the IIssuinng Bannk, prrovideed thaat thee stippulateed doccumentts aree pressentedd to tthe Coonfirmming BBank oor to any oother Nominnated Bank and tthat tthe teerms aand coonditiions oof thee Creddit arre commpliedd withh: ii) if the CCreditt provvides for ssight paymeent-too pay a

28、t siight; ii) if tthe Crredit proviides ffor deeferreed payyment-to paay on the mmaturiity daate(s) deteerminaable iin acccordannce wiith thhe stiipulattions of thhe Creedit; iiii) if the CCreditt provvides for aaccepttance: (a) bby thee Conffirminng Bannk-to acceppt Draaft(s) drawwn by the BBenefii

29、ciaryy on tthe Coonfirmming BBank aand paay theem at maturrity, or (b) by aanotheer draawee bbank-tto acccept aand paay at maturrity DDraft(s) drrawn bby thee Beneeficiaary onn the Confiirmingg Bankk, in the eevent the ddraweee bankk stippulateed in the CCreditt doess not acceppt Draaft(s) drawwn on

30、 it, oor to pay DDraft(s) acccepteed butt not paid by suuch drrawee bank at maaturitty; iv) iif thee Creddit prrovidees forr negootiatiion-too negootiatee withhout rrecourrse too drawwers aand/orr bonaafide holdeers, DDraft(s) drrawn bby thee Beneeficiaary annd/or documment(ss) preesenteed undder th

31、he Creedit. A Creedit sshouldd not be isssued availlable by Drraft(ss) on the AAppliccant. If thhe Creedit nnevertthelesss callls foor Draaft(s) on tthe Appplicaant, bbanks will consiider ssuch DDraft(s) ass an aadditiional documment(ss). c. i) IIf anoother bank is auuthoriized oor reqquesteed by th

32、e IIssuinng Bannk to add iits coonfirmmationn to aa Creddit buut is not ppreparred too do sso, itt mustt so iinformm the Issuiing Baank wiithoutt delaay. ii) UUnlesss the Issuiing Baank sppecifiies ottherwiise inn its authoorizattion oor reqquest to addd connfirmaation, the Advissing BBank mmay addv

33、ise the CCreditt to tthe Beeneficciary withoout addding its cconfirrmatioon. d. i) EExceptt as ootherwwise pprovidded byy Artiicle 448, ann Irreevocabble Crredit can nneitheer be amendded noor canncelleed witthout the aagreemment oof thee Issuuing BBank, the CConfirrming Bank, if aany, aand thhe Ben

34、neficiiary. ii) The Issuiing Baank shhall bbe irrrevocaably bbound by ann amenndmentt(s) iissuedd by iit froom thee timee of tthe isssuancce of such amenddment(s). AA Conffirminng Bannk mayy exteend itts connfirmaation to ann amenndmentt and shalll be iirrevoocablyy bounnd as of thhe timme of its aa

35、dvicee of tthe ammendmeent. AA Conffirminng Bannk mayy, howwever, chooose too adviise ann amenndmentt to tthe Beeneficciary withoout exxtendiing itts connfirmaation and iif so, mustt infoorm thhe Isssuing Bank and tthe Beeneficciary withoout deelay. iiii) Thee termms of the ooriginnal Crredit(or a C

36、rediit inccorporratingg prevviouslly accceptedd amenndmentt(s) will remaiin in forcee for the BBenefiiciaryy untiil thee Beneeficiaary coommuniicatess his accepptancee of tthe ammendmeent too the bank that advissed suuch ammendmeent. TThe Beeneficciary shoulld givve nottificaation of accceptaance oo

37、r rejjectioon of amenddment (s). If thhe Benneficiiary ffails to giive suuch nootificcationn, thee tendder off docuumentss to tthe Noominatted Baank orr Issuuing BBank, that confoorm too the Crediit andd to nnot yeet accceptedd amenndmentt(s), will be deeemed to bee notiificattion oof accceptannce b

38、yy the Benefficiarry of such amenddment(s) annd as of thhat mooment the CCreditt willl be aamendeed. iv) PPartiaal accceptannce off amenndmentts conntaineed in one aand thhe samme advvice oof ameendmennt is not aalloweed andd conssequenntly wwill nnot bee giveen anyy effeect. Articlee 10. Typess of

39、CCreditt a. AAll Crreditss mustt cleaarly iindicaate whhetherr theyy are availlable by siight ppaymennt, byy defeerred paymeent, bby accceptannce orr by nnegotiiationn. b. i) Unnless the CCreditt stippulatees thaat it is avvailabble onnly wiith thhe Isssuing Bank, all Crediits muust noominatte thee

40、bankk(the Nomiinatedd Bankk) whhich iis autthorizzed too pay, to iincur a defferredd paymment uunderttakingg, to acceppt Draaft(s) or tto neggotiatte. Inn a frreely negottiablee Creddit, aany baank iss a Noominatted Baank Prresenttationn of ddocumeents mmust bbe madde to the IIssuinng Bannk or the C

41、Confirrming Bank, if aany, oor anyy otheer Nomminateed Bannk. Neegotiaation meanss the givinng of valuee for Draftt(s) aand/orr docuument(s) byy the bank authoorizedd to nnegotiiate. Mere examiinatioon of the ddocumeents wwithouut givving oof vallue dooes noot connstituute a negottiatioon. c. Unlees

42、s thhe Nomminateed Bannk is the CConfirrming Bank, nomiinatioon by the IIssuinng Bannk doees nott consstitutte anyy undeertakiing byy the Nominnated Bank to paay, too incuur a ddeferrred paaymentt undeertakiing, tto acccept DDraft (s), or too negootiatee. Exccept wwhere expreessly agreeed to by thhe

43、 Nomminateed Bannk andd so ccommunnicateed to the BBenefiiciaryy, thee Nomiinatedd Bankks reeceiptt of aand/orr examminatiion annd/or forwaardingg of tthe doocumennts dooes noot makke thaat bannk liaable tto payy, to incurr a deeferreed payyment underrtakinng, too acceept Drraft(ss), orr to nnegotii

44、ate. d. Byy nomiinatinng anoother bank, or bby alllowingg for negottiatioon by any bbank, or byy authhoriziing orr requuestinng anoother bank to addd itss conffirmattion, the IIssuinng Bannk autthorizzes suuch baank too pay, acceept Drraft(ss) or negottiate as thhe casse mayy be, againnst doocumennt

45、s whhich aappearr on ttheir face to bee in ccompliiance with the tterms and ccondittions of thhe Creedit aand unndertaakes tto reiimbursse succh bannk in accorrdancee withh the proviisionss of tthese Articcles. Articcle 111. Telletrannsmittted annd Pree-Adviised CCreditts a. i) Whhen ann Issuuing BB

46、ank iinstruucts aan Advvisingg Bankk by aan autthentiicatedd teleetranssmissiion too adviise a Crediit or an ammendmeent too a Crredit, the telettransmmissioon willl be deemeed to be thhe opeerativve Creedit iinstruument or thhe opeerativve ameendmennt, annd no mail confiirmatiion shhould be seent.

47、SShouldd a maail coonfirmmationn neveerthelless bbe sennt, itt willl havee no eeffectt and the AAdvisiing Baank wiill haave noo obliigatioon to checkk suchh maill conffirmattion aagainsst thee operrativee Creddit innstrumment oor thee operrativee amenndmentt receeived by teeletraansmisssion. iii) If the tteletrransmiissionn stattes ffull ddetaills to folloow(orr wordds of simillar efffect) or sstatess thatt the mail confiirmatiion iss to bbe thee operrativee Creddit innstrumment oo