eUCP

The eUCP (Uniform Customs and Practice for Documentary Credits for Electronic Presentation) is a supplement to UCP 600 rules, created to manage electronic documents in trade finance. It ensures the handling of digital documents under letters of credit.

eUCP provides structured guidelines for electronic presentations of documents. These include details on data format, security, and authenticity of electronic records. It specifies responsibilities for banks and applicants in accepting and processing electronic documents.

By accommodating digitalization in trade finance, eUCP aligns with advancements in technology. It addresses issues like electronic signatures, document integrity, and transfer protocols. This framework supports efficiency and security in international trade.