The Commission on Banking Technique and Practice acts to prepare new uniform rules,  to update existing uniform rules for documentary credits, collections and bank-to-bank reimbursements and to adapt international banking practices to automatic data processing techniques. It works in conjunction with the International Commercial Practice Commission and with other international bodies on demand guarantees.

Priorities 

• To serve as the global forum and rule-making body for the international trade finance community.
• Expand use of the electronic supplement to UCP 500 (eUCP).
• Target the European Commission and multinational development banks to urge them to make use of the ICC Uniform Rules for Demand Guarantees (URDG) in view of the World Bank's incorporation of these rules into its unconditional guarantee forms.
• Explore potential for developing common practices in factoring and forfaiting.
  
  Click here to access the Banking Commission Fact Sheet 2009