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Date:
2003-06-10
Source:
TBG5 Finance
0. INTRODUCTION
This specification provides the definition of the Documentary credit amendment information message (DOCAMI) to be used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport.
1. SCOPE
1.1 Functional definition
The Documentary Credit Amendment Information message is used to indicate the terms and conditions of an amended documentary credit from the Issuing Bank to the Applicant and/or Applicant's Bank.
1.2 Field of application
The Documentary credit amendment information message may be used for both national and international applications. It is based on universal practice related to administration, commerce and transport, and is not dependent on the type of business or industry.
1.3 Principles
Unless otherwise specified, the documentary credit amendment is subject to the Uniform Customs and Practices for Documentary Credits, International Chamber of Commerce, Paris, France, which are in effect on the date of origination.
2. REFERENCES
See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 1.
3. TERMS AND DEFINITIONS
3.1 Standard terms and definitions
See UNTDID, Part 4, Chapter 2.3 UN/ECE UNSM - General Introduction, Section 2.
4. MESSAGE DEFINITION
4.1 Data segment clarification
This section should be read in conjunction with the segment table which indicates mandatory, conditional and repeating requirements.
For guidance, the following principles serve to remove ambiguity in the application of this Documentary Credit Amendment Information.
A. The content of a documentary credit amendment information is assumed to effect:
- the modification of an issued documentary credit
- the cancellation of an issued documentary credit
B. A change may not be requested on
- the documentary credit number
- the identification of the Applicant and the Issuing Bank |
