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What is ISBP ?
Post 1 of 4
nevergay
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What is ISBP ??


I've heard thousand times of it.
Award 10 MVPs ( What's this? )for the best answer.
25 Jul 2008 00:04
Post 2 of 4
Quoting from [nevergay]:



What is ISBP ??




I've heard thousand times of it.

Do you mean ISBP DC/LC?

Then you better ask your bank to advice you, it is a little complicated and your bank who can issue or accept ISBP is only who can give you the corect answer base on your client on this mater,

Link. http://resources.alibaba.com/topic/156895/ISBP_2007.htm

 

 

 

 

25 Jul 2008 05:26
Post 3 of 4
Quoting from [nevergay]:


What is ISBP ??



I've heard thousand times of it.



ISBP is the short form for International Standard Banking Practices (ISBP) for the examination of documents under the UCP. It is an International Chamber of Commerce (ICC), Paris Publication. The one now in operation is ICC Publication NO. 681, which came into operation from 1 July 2007.

It has 180 articles. It is useful to all exporters and bankers for avoiding discrepancies in documents under LC. You may search in "Payment and Finance" for more info on ISBP.

 

26 Jul 2008 00:14
Post 4 of 4
Quoting from [nevergay]:


What is ISBP ??



I've heard thousand times of it.



Because of the exchange of money in regards to dealing on Alibaba.com, I would have to say that "ISBP" stands for International Standard Banking Practice. Whereby nearly all banks worldwide adhere to a standard practice of dealing.

Louis Greer [em3]

T&L Thai Products: Silk Scarves and Shirts

30 Jul 2008 01:10
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