Definitions for "Uniform Rules for Collections"
International standards of draft collection practice established for bankers by the International Chamber of Commerce. The Uniform Rules are not law but are more properly viewed as a handbook for banks used to establish common understanding of terminology and expectations.
banking) The internationally recognized codification of rules unifying banking practices regarding collection operations for drafts, their payment or non-payment , protest and for documentary collections.
Guidelines issued by International Chamber of Commerce (ICC) that outline standard documentary collection practices.
Uniform securities agent state law examination United States Customs Service