Accept allAccept only necessary cookies
You can either agree to all external services and associated cookies, or only to those that are absolutely necessary for the website to function correctly. Please note that if you choose the second option, not all content may be displayed.
you need the free eBook reader Adobe Digital Editions (download). After purchasing an eBook you will receive a download link. This link can only be used once and loses its validity after the download. In order to use an eBook on several devices (PC, laptop, tablet) and also after a device change without problems, please create an account with Adobe ADE. Of course, it is also possible to use the book without an account, but then you can only use the book on the device on which you have downloaded it. It is not possible to take the book to another device without an account.
The Guide to ICC Uniform Rules for Demand Guarantees (URDG 758) provides a clear and comprehensive commentary on the rules and the accompanying model forms. Furthermore, it debunks the many myths about international guarantee practice in order to identify which pitfalls to avoid. Renowned guarantee experts (more than twenty year of experience in practice, research and teaching), the authors give deeper insight into the revision process leading to URDG 758, revealing the background of each policy choice and decision taken while drafting the rules. Case studies throughout the Guide support and enliven the comprehensive analytical commentary on the rules. Further, this publication tracks in detail the seven key stages of a guarantee's lifecycle : • Drafting • Issuance • Changing of terms • Making a presentation • Examining the presentation • Making payment • Termination of the guarantee and counter-guarantee.