Uniform Rules for Demand Guarantees Including Model Forms
The ICC Uniform Rules for Demand Guarantees (URDG) reflect international standard practice in the use of demand guarantees and balance the legitimate interests of all parties. Since their first adoption in 1991, ICC’s URDG have gained international acceptance and official recognition by bankers, traders, industry associations and international organizations including UNCITRAL, FIDIC and the World Bank.
ICC’s publication “URDG 758 – Uniform Rules for Demand Guarantees Including Model Forms” is available at the Chamber of Commerce and Industry of Romania in the bilingual edition English/Romanian and can be purchased through the National Committee ICC Romania at the price of 30 Euros (plus VAT 9%), payable in Lei at the exchange rate established by the National Bank of Romania from the payment date, through a bank transfer or direct at the CCIR cashier.
For more details regarding the ICC publications, please contact the National Committee ICC Romania.
Raiffeisen Bank SMB – RO31 RZBR 0000 0600 0240 7957