The determination of an Original document in the context of UCP 500 sub-Article 20(b)

    Prepared by the ICC commission on : 
    Publication date : 12/07/1999 | Document Number : 470/871

    Over a period of several years there have been a number of queries raised with the ICC Banking Commission as to the determination, by banks, of what is an "original" document under a letter of credit and the necessity, if any, for such a document to be so marked.

    The commission produced the attached paper to address these queries.