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Hi!

Can anyone tell me what is the meaning of

(Including, to the extent to which they may be applicable, any standby letter of credit)

does this mean -

the articles that are applicable in standby letter of credit or
the articles that the documentary credit is applicable to

regards

Jim

Dear Jim,
This wording means that a standby LC can issued subject to UCP 600 (and not to ISP98 or other Publications)
regards
Cristian

Dear Jim,

The words are pointing to Standby letter of credit, not “letter of credit”. A careful reading will reveal two key words before you,

(Including, to the extent to which they may be applicable, any standby letter of credit)

These two words clearly mean that the sentence is about something which has not been spoken or encompasses so far.

What you are taking about (the articles that are applicable to a letter of credit) is in fact located in definition of complying presentation which says

“Complying presentation means…… applicable provisions of these rules…”

regd

shahriar