Digitalisation of Settlements and the ICC Uniform Rules

Authors

  • Aleksei Yurievich Churilov Tomsk State University of Control Systems and Radioelectronics

DOI:

https://doi.org/10.24412.2072-8042-2022-3-59-65

Keywords:

settlements, letter of credit, collection, electronic document management, obligation, payment, contract, trade customs, document

Abstract

The paper examines the uniform rules of the International Chamber of Commerce aimed at regulating settlements between the parties using electronic records. The author considers the ICC Uniform Customs and Practice for documentary Credits for electronic presentation (eUCP) and the ICC Uniform Rules for Collections Supplement for Electronic Presentation (eURC), as well as the Uniform Rules for Digital Trade Transactions (URDTT). Based on the analysis of the main provisions, it is concluded that the eUCP, eURC, and URDTT rules are forward-looking and have the potential to be widely used by participants in international trade

Author Biography

Aleksei Yurievich Churilov, Tomsk State University of Control Systems and Radioelectronics

кандидат юридических наук
Place of work, post: Сandidate of Judicial Science, Tomsk State University of Control Systems and Radioelectronics, Department of Civil Law, Law Faculty - Assistant professor

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Published

2024-01-26

How to Cite

Churilov, A. Y. (2024). Digitalisation of Settlements and the ICC Uniform Rules. Russian Foreign Economic Journal, (3), 59–65. https://doi.org/10.24412.2072-8042-2022-3-59-65

Issue

No. 3 (2022)

Section

International trade