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Uniform Rules for Bank Payment Obligations
Uniform Rules for Bank Payment Obligations

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ICC’s URBPO are the first-ever Uniform Rules for Bank Payment Obligations (BPOs), a 21st century standard in supply chain finance that governs Bank Payment Obligations transactions worldwide.

BPOs enable banks to mitigate the risks associated with international trade to the benefit of both buyers and sellers. They enable flexible financing propositions across the supply chain, from pre-shipment to post-shipment.

BPO benefits include:
  • Mitigating risks in international trade for buyers and sellers alike
  • Speed, reliability, convenience
  • Reduced costs and improved accuracy
  • Enhanced risk management
  • Assurance of payment
  • Access to flexible financing
  • Securing the supply chain
 
ISBN
9789284201891
Published by
International Chamber of Commerce (ICC)
Publication Date
June 2013
Publisher's Ref
E750E
Format
e-book
Extent
23 pages
Language
English
Approx Weight
0.0 kg
HS Code
490199