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MT 700 
Field 40E: Applicable Rules
USAGE RULES
Subfield 2 of field 40E, ie, "/"35x, is only allowed when subfield 1 of this field consists of OTHR.




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  • Field 40E: Applicable Rules : This field specifies the rules the credit is subject to.
  • EUCP LATEST VERSION :The credit is subject to the version of the Supplement of the ICC Uniform Customs and Practice for Documentary Credits for Electronic Presentations, International Chamber of Commerce, Paris, France, which is in effect on the date of issue.
  • EUCPURR LATEST VERSION :The credit is subject to the version of the Supplement of the ICC Uniform Customs and Practice for Documentary Credits for Electronic Presentations, International Chamber of Commerce, Paris, France, which is in effect on the date of issue. The reimbursement is subject to the version of the Uniform Rules for Bank-to-Bank Reimbursements, International Chamber of Commerce, Paris, France, which is in effect on the date of issue.
  • ISP LATEST VERSION :The standby letter of credit is subject to the version of the ICC International Standby Practices, International Chamber of Commerce, Paris, France, which is in effect on the date of issue.
  • OTHR The credit is subject to any other rules.
  • UCP LATEST VERSION : The credit is subject to the version of the ICC Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce,Paris, France, which is in effect on the date of issue.
  • UCPURR LATEST VERSION : The credit is subject to the version of the ICC Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce, Paris, France, which is in effect on the date of issue. The reimbursement is subject to the version of the Uniform Rules for Bank-to-Bank Reimbursements under documentary credits, International Chamber of Commerce, Paris, France, which is in effect on the date of issue.

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What is Field 40E: Applicable Rules?
Field 40E: applicable rules is a field in MT 700 swift message type that is used to the rules the credit is subject to.

 





















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