Uniform Customs and Practice of Documentary Credit The "bankers Bible" on Documentary Credit Interpretation issued by the I C C
Abbreviation for "Uniform Customs and Practice for Documentary Credits " The 1993 revision is referred to as "UCP500" as it is publication number 500 of the International Chamber of Commerce
Uniform customs and practice for commercial documentary credits A universally accepted set of rules governing letters of credit transactions in more than 160 countries around the world