The ICC Guide to the Uniform Rules for Bank Payment Obligations
Edited by David J. Hennah
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This new International Chamber of Commerce publication explains in detail and guides practitioners in their interpretation of the Uniform Rules for Bank Payment Obligations (URBPO). This guide closely examines the ways the three critical components of standards, platform and rules must interact and complement one another, in order to facilitate the successful completion of the Bank Payment Obligations (BPO).
This publication is not only a guide for readers to understand how the BPO rules work but also to provide substance to the practical application of the BPO in the context of real life business scenarios. It is a vital reference for anyone involved in financial supply chain transactions.