The URC 522 are the Uniform Rules for Collections. URC 522 came into effect on 01 January 1996.
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Uniform Rules For Collection (URC 522)
Subhead
The ICC Uniform Rules for Collections were first published by the ICC in 1956. Revised versions were issued in 1967 and 1978
This present revision was adopted by the Council of the ICC in June 1995, for issue as
ICC Publication N°522.
This English language edition gives the official text of the 1994 Revision. Translations in other languages may be available from ICC National Committees
Published in July 1995 by ICC PUBLISHING S.A. (Paris) and ICC PUBLISHING, INC. (New
York)
Please note that the title or classification on the heading of each Article is for reference as to intent and purpose. It is not to be construed as being other than solely for benefit or guidance and there should be no legal imputation.
Footnote
The Working Party would like to take this opportunity to thank all National Committees and others for their participation in this work. Over 2000 comments were painstakingly examined and analysed and, in so doing, the WP was able to obtain an insight into problems and practices worldwide - this proved to be of great value and assistance in completing this work.
In particular, the WP would like to thank the following National Committees,
Associations, and Organisations and individuals, by name.
1 ICC National Committees:
Australia, Austria, Colombia, Cyprus, Denmark, Finland, France, Germany, Iran, Israel,
Italy, Japan, Norway, Singapore, Spain, Sweden, Switzerland, Turkey, the United
Kingdom and the United States.
2 Associations and Organisations:
Akbank (Turkey), Antiochian Commercial Bank, Asociación de Bancos del Uruguay,
Association of Banks in Singapore, Association of Cyprus Commercial Banks,
Associazione