초록 열기/닫기 버튼
While the portion of usage in trade transactions is decreasing, L/C is still one of the important payment methods. In order to activate letter of credit transactions, the use of electronic letters of credit is indispensable, which has to be accompanied by the revision of eUCP. The revision of the eUCP rules should make the e-L/C transaction process easier and simpler, but it should focus on protecting the interests of the trading partners. In this regard, the most important part of eUCP is the format and presentation of electronic records. Therefore, it is very important to review the revision directions of e4, e5 and e11 among the eUCP, which is likely to be revised in the revision process of UCP600 currently being discussed. It is important that revisions of the eUCP rules are made to ensure reliable stability while at the same time making it easier to apply in the transaction process, which is important to better protect the parties involved in the transaction process.
