Tag: Bank Payment Obligation
URBPO – ICC Uniform Rules for Bank Payment Obligations – ICC Publication No. 750
What Does URBPO Mean?
The URBPO are the Uniform Rules for Bank Payment Obligations ICC publication No. 750.
URBPO were approved by the ICC national committees...
Bank Payment Obligation – BPO
Each payment method in international trade has strengths and weaknesses.
For example, open account and cash in advance payments are elementary payment options. They are...