Could you explain more : UCP600 cover SBLC but not other types of guarantees such as on-demand

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Could you explain more : UCP600 cover SBLC but not other types of guarantees such as on-demand guarantees whether they are covered by URDG758 or not. So for me it is false to say that UCP600 can be applied to guarantees. We should say UCP600 can be applied to a category of guarantees

Posted Date: Jun 11, 2024 09:12 AM

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Could you explain more : UCP600 cover SBLC but not other types of guarantees such as on-demand

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