Introduction to ICC DOCDEX
The International Centre for Expertise also administers the ICC Rules for Documentary Instruments Dispute Resolution Expertise (DOCDEX), established by the ICC Banking Commission to facilitate the rapid settlement of disputes arising under the Uniform Customs and Practice for Documentary Credits (UCP), the Uniform Rules for Bank-to-Bank Reimbursement under Documentary Credits (URR), the ICC Uniform Rules for Collections (URC), or the ICC Uniform Rules for Demand Guarantees (URDG).
DOCDEX is a speedy and reliable dispute settlement mechanism providing for a document-based expert decision made by three experts, scrutinized by the technical adviser of the ICC Banking Commission and issued by the International Centre for Expertise. The DOCDEX decision is not binding unless the parties have agreed otherwise. In most instances, the parties can expect the final opinion six to twelve weeks after the ICC has received the request, but exceptionally complex cases could take longer.
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