How many types are letter of credit ? , What is UCP 600 ?, what is container ISO Code No. of 20ft & 40ft ?, etc...

Question

Accepted Answer

Answering questions related to letter of credit, UCP 600, and container ISO codes.

There are several types of letter of credit, including revocable, irrevocable, confirmed, and unconfirmed.
UCP 600 is a set of rules established by the International Chamber of Commerce that governs the use of letters of credit in international trade.
The container ISO code for a 20ft container is 'ISO 6346: 1995(E) - 22G1' and for a 40ft container is 'ISO 6346: 1995(E) - 42G1'.
Other important aspects of export documentation include commercial invoices, bills of lading, and certificates of origin.

How many types are letter of credit ? , What is UCP 600 ?, what is container ISO Code No. of 20ft &amp; 40ft ?, etc...