Collection means the handling by banks of documents in accordance with instructions received, in order to:
*Documents means financial documents and/or commercial documents:
Clean collection means collection of financial documents not accompanied by commercial documents.
Documentary collection means collection of:
The Uniform Rules for Collections, 1995 Revision, ICC Publication No. 522, shall apply to all collections where such rules are incorporated into the text of collection instruction and are binding on all parties thereto unless otherwise expressly agreed or contrary to the provisions of a national, state or local law and/or regulation which cannot be departed from.
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