URC 522

ICC Uniform Rules for Collections URC 522 is the title of the book that is published by ICC to govern the  documentary collection  (...

ICC Uniform Rules for Collections URC 522 is the title of the book that is published by ICC to govern the documentary collection ( cash against document, CAD) payments. URC 522 consists of 32 pages in total. Full details of URC 522 for ordering considerations is as follows : ICC Uniform Rules for Collections URC 522 ICC Publication No. 522, 1995 Edition. URC 522 is in force as of January 1, 1996. 

Where to buy URC 522?

URC 522 is both available by e-book format and hard copy. It is sold under online ICC Bookstore. You can buy URC 522 from the following link : 

http://www.iccbooks.com/Product/ProductInfo.aspx?id=188

What is the content of the UCR 522?

A. General Provisions and Definitions     

    Application of URC 522     

    Definition of Collection     

    Parties to a Collection         

B. Form and Structure of Collections     

    Collection Instruction      

C. Form of Presentation     

    Presentation     

    Sight / Acceptance     

    Release of Commercial Documents     

    Documents Against Acceptance (D/A)     

    vs. Documents Against Payment (D/P)     

    Creation of Documents          

D. Liabilities and Responsibilities     

    Good Faith and Reasonable Care     

    Documents vs. Goods / Services Performances     

    Disclaimer for Acts of an Instructed Party     

    Disclaimer on Documents Received     

    Disclaimer on Effectiveness of Documents     

    Disclaimer on Delays, Loss in Transit and Translation     

    Force Majeure            

E. Payment     

    Payment Without Delay     

    Payment in Local Currency     

    Payment in Foreign Currency     

    Partial Payments           

F. Interest, Charges and Expenses     

    Charges and Expenses             

G. Other Provisions     

    Acceptance     

    Promissory Notes and other Instruments     

    Protest     

    Case-of-Need     

    Advices