URC 522: ICC Uniform Rules for Collections – Supplement for Electronic Presentation (eURC) Version 1.1
Choose an element
- Select a language
- English
Banking & finance
eURC: ICC Uniform Rules for Collections – Supplement for Electronic Presentation Version 1.1
The ICC Banking Commission provided a press release announcing the launch of a Working Group to anticipate and accompany the digitalisation of trade finance. One core activity was to evaluate existing ICC rules in order to assess e-compatibility and ensure they are ‘e-compliant.
Go directly to:
As part of its efforts to promote a paperless business world the ICC Banking Commission is continuingly promoting the use of its eRules and amongst them eURC which are meant to rule the handling of collections process in a digital environment. The eURC is regarded as the necessary addition to the URC 522 in a digital form. It avoids lots of the struggles involving classic paper documents, allows a quicker and safer way to run trade finance operations.
We also invite you to download the practical guide to the eUCP which highlights how to concretely use them in your daily business.
