International Standby Practices (ISP98)

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:rulebook
gptkbp:abbreviation gptkb:ISP98
gptkbp:appliesTo international trade finance
gptkbp:governs standby letters of credit
https://www.w3.org/2000/01/rdf-schema#label International Standby Practices (ISP98)
gptkbp:language English
gptkbp:publicationYear 1998
gptkbp:publishedBy gptkb:International_Chamber_of_Commerce
gptkbp:publishedIn gptkb:ICC_Publication_No._590
gptkbp:purpose standardize standby letter of credit practices
gptkbp:relatedTo gptkb:Uniform_Customs_and_Practice_for_Documentary_Credits_(UCP_600)
gptkb:Uniform_Rules_for_Demand_Guarantees_(URDG)
gptkbp:replacedBy Uniform Customs and Practice for Documentary Credits (UCP) for standby credits
gptkbp:status widely adopted
gptkbp:structure rules and model forms
gptkbp:usedBy banks
financial institutions
lawyers
exporters
importers
corporate treasurers
gptkbp:bfsParent gptkb:SBLC
gptkbp:bfsLayer 7