The2013Revision Of The International Standard Banking Practice For The Examination Of Documents Under Documentary Credits Subject To UCP600

In recent years, as UCP600and ISBP regulate credit practices on the basis of a single trial documents, one by the International Chamber of Commerce, and quickly became the world’s academics and practitioners of international settlement and adjustment of the main credit standards and a single trial basis. Especially in the spring of2013annual meeting in Lisbon, the ICC Banking Commission adopted the latest revision of ISBP745; Chinese called the letter a single trial under international standard banking practice UCP600. This is the third version ISBP645and in2007the basic rules established under UCP600ISBP681ISBP established in2002in accordance with the basic rules of UCP500later, while the second version is under UCP600. The introduction of this rule the norms and solve all kinds of problems in the banking encountered during routine examination of documents, letters of credit and bank balance of interests of buyers and sellers has a vital significance and role. Conducted on changes in the content of this new norm of inquiry and analysis, specifically its innovative value for our academics and practitioners fully understand and properly handle credit rules have a single trial pilot significance. In addition to the introduction and conclusion, this paper mainly elaborates the thesis through three parts.The basic theory ISBP745general discussion is conducted to analyze the changes in the content of the premise and foundation. The first part of the clear meaning of ISBP, introduced what is ISBP, ISBP object of attention is what this basic concept; then to develop background ISBP745through its history, and the entry into force of amendments to the principles of the three aspects of the controversy analysis; through summary analysis, the final question of the relationship with ISBP UCP600were discussed, a more systematic and comprehensive introduction to the basic theory ISBP745.Content on ISBP745and ISBP681comparative analysis summarizes the contents of the latest amendments to change the former is the focus of discourse through. Articles according to their text content-pre considerations, General Part, part of the order of141changes have focused on critical analysis. Then, summed up the value of innovation ISBP745four points:the definition of accurate and comprehensive, typical examples of the rich, rigorous and precise wording, coherent clear and orderly.Discussion ISBP745applicable domestic analyze its content is changing practice needs. ISBP applicable in our country a short time, coupled with the inherent semantic unclear ISBP681defects, irregularities credit single trial of the parties, their application is not optimistic. The first part of the status quo of China’s recent applicable ISBP681were analyzed, a clear defects, and how to respond to China ISBP745provides feasible countermeasures.Through the recent amendments ISBP745the presentation and analysis of scientific and reasonable to apply international standards in this single trial credit is helpful, I hope this article can be caused by academic attention, make joint efforts of the international credit single trial research settlement, credit further promote the development of a single trial practice.