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ICC DOCDEX RULES ICC Rules for Documentary Instruments Dispute Resolution Expertise

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International Trade Finance

Part of the book series: Finance and Capital Markets Series ((FCMS))

Abstract

1.1 These rules concern a service called Documentary Instruments Dispute Resolution Expertise (DOCDEX) which is available in connection with any dispute related to:

  • a documentary credit incorporating the ICC Uniform Customs and Practice for Documentary Credits (UCP), and the application of the UCP and/or of the ICC Uniform Rules for Bank-to-Bank Reimbursement under Documentary Credits (URR)

  • a collection incorporating the ICC Uniform Rules for Collections (URC), and the application of the URC

  • a demand guarantee incorporating the ICC Uniform Rules for Demand Guarantees (URDG), and the application of the URDG. Its objective is to provide an independent, impartial and prompt expert decision (DOCDEX Decision) on how the dispute should be resolved on the basis of the terms and conditions of the documentary credit, the collection instruction, or the demand guarantee and the applicable ICC Rules, be it the UCP, the URR, the URC or the URDG (ICC Rules).

The text reproduced here is valid at the time of reproduction. As amendments may from time to time be made to the text, readers are referred to the website www.iccdocdex.org for the latest version and for more information on this ICC dispute resolution service.

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© 2008 Tarsem Singh Bhogal and Arun Kumar Trivedi

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Bhogal, T.S., Trivedi, A.K. (2008). ICC DOCDEX RULES ICC Rules for Documentary Instruments Dispute Resolution Expertise. In: International Trade Finance. Finance and Capital Markets Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594326_19

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