Books & Publications

International Standard Banking Practice (ISBP) 745 is the most up to date, comprehensive guide to handling and examining trade documents under documentary credits. It details how to apply the UCP 600 rules in practice and serves as an indispensable working aid for letter of credit practitioners.

The ISBP provides guidance on the examination of documents presented under a documentary credit subject to UCP 600. It covers a wide range of documents including drafts, invoices, transport documents, insurance documents, certificates of origin, and many others, offering clear explanations and examples to assist practitioners in their day-to-day operations.

The Incoterms® rules define important responsibilities of buyers and sellers for the delivery of goods under sales contracts. They are the authoritative rules for determining how costs and risks are allocated to the parties. Incoterms rules are regularly incorporated into contracts for the sale of goods worldwide and have become part of the daily language of trade.

Incoterms® 2020 contains the ICC rules for use of the 11 Incoterms® trade terms. It takes into account the latest developments in commercial practice, and updates the rules to make them more accessible and easier to use.

The new rules will enter into force on 1 January 2020. As of this date, all sales contracts should make reference to the Incoterms® 2020 rules as the latest version of the Incoterms rules. Learn more about What are the key changes in Incoterms® 2020?

ICC has been writing and publishing the Incoterms rules for more than 80 years, providing importers, exporters, lawyers, transporters, insurers and students in the international arena with rules and guidance reflecting the latest developments in the trading environment.

Bank Payment Obligations (BPO) are an essential tool for banks and their corporate clients seeking to mitigate risks associated with international trade while benefiting from the speed and reliability of electronic data matching.

The URBPO establishes a uniform set of rules applicable to BPO transactions in supply chain finance. By defining the roles and responsibilities of the parties involved, the URBPO provides a standardized framework that enhances legal certainty and operational efficiency in trade finance.