IntroductionTheofficialnameforthispublicationis“SupplementtotheUniformCustomsandPracticeforDocumentaryCreditsforElectronicPresentation(Version1.1)”.Itusestheacronym“eUCP”.DuringthecourseofdraftingUCP600,ICCnationalcommitteesindicatedthat,duetothelimitedusageofeUCPVersion1.0,theeUCPshouldremainasasupplementtotheUCP.Version1.1has,therefore,beenupdatedsolelytoreflectthechangesmadeinUCPwithregardtoterminologyandstyleofpresentation.TheeUCPcontinuestoprovidedefinitionspermittingUCP600terminologytoaccommodatetheelectronicpresentationoftheequivalentofpaperdocumentsandprovidingnecessaryrulestoallowbothsetsofrulestoworktogether.TheeUCPallowsforpresentationelectronicallyorforamixtureofpaperdocumentsandelectronicpresentation.ItisimportantfortheeUCPreadertounderstandthatmanyarticlesoftheUCParenotimpactedbythepresentationoftheelectronicequivalentofpaperdocumentsanddonotrequireanychangestoaccommodateelectronicpresentation.Whenreadtogether,theUCPandtheeUCPprovidethenecessaryrulesforelectronicpresentationandarebroadenoughtoanticipatedevelopingpracticeinthisarea.WherespecificwordsorphrasesusedintheUCParedefinedintheeUCP,thesedefinitions,unlessotherwisestated,applywhereverthetermsappearintheUCP.eUCPVersion1.1isspecifictoUCP600and,ifnecessary,mayhavetoberevisedastechnologiesdevelop,perhapspriortothenextrevisionoftheUCP.Forthatpurpose,theeUCPisissuedinversionnumbersthatwillallowforarevisionandsubsequentversioniftheneedarises.TheeUCPhasbeenspecificallydraftedtobeindependentofspecifictechnologiesanddevelopingelectroniccommercesystems,i.e.,itdoesnotaddressspecifictechnologiesorsystemsnecessarytofacilitateelectronicpresentation.Thesetechnologiesareevolving,anditislefttothepartiestothecredittoagreeonthetechnologyorsystemstobeusedforpresentationofelectronicrecordsincompliancewiththerequirementsoftheeUCP.TheeUCPhasbeencreatedtomeetthedemandsofthemarketforthepresentationofelectronicdocuments.Themarkethascreatedahigherstandardinanticipationofincreasedprocessingefficiencieswhentheelectronicequivalentsofpaperdocumentsarepresented.Inanticipationofthisdemandandtomeetmarketexpectations,severalchangestothestandardsestablishedbytheUCPhavebeendeemednecessaryforanelectronicpresentation.Thesechangesareconsistentwithcurrentpracticeandtheexpectationsofthemarketplace.AllofthearticlesofeUCPVersion1.1areconsistentwithUCP600exceptastheyrelatespecificallytoelectronicpresentations.Wherenecessary,changeshavebeenmadetoaddresstheuniqueissuesrelatedtopresentationoftheelectronicequivalentofpaperdocuments.InordertoavoidconfusionbetweenthearticlesoftheUCPandthoseoftheeUCP,theeUCParticlesarenumberedwithan“e”precedingeacharticlenumber.Articlee1:ScopeoftheeUCPa.TheSupplementtotheUniformCustomsandPracticeforDocumentaryCreditsforElectronicPresentation(“eUCP”)supplementstheUniformCustomsandPracticeforDocumentaryCredits(2007RevisionICCPublicationNo.600,)(“UCP”)inordertoaccommodatepresentationofelectronicrecordsaloneorincombinationwithpaperdocuments.b.TheeUCPshallapplyasasupplementtotheUCPwherethecreditindicatesthatitissubjecttoeUCP.c.ThisversionisVersion1.1.AcreditmustindicatetheapplicableversionoftheeUCP.Ifitdoesnotdoso,itissubjecttotheversionineffectonthedatethecreditisissuedor,ifmadesubjecttoeUCPbyanamendmentacceptedbythebeneficiary,onthedateofthatamendment.Articlee2:RelationshipoftheeUCPtotheUCPa.Acreditsubjecttothee...
