URDG 758

Uniform Rules for Demand Guarantees URDG – 2010 revision

Publishing Date2015
LanguageBilingual: Bahasa Indonesia – English
ICC Publication NumberP758E
PriceRp 225.000,-
Availabilityin stock
Table of Contents
How to order
Table of Contents
How to order

The ICC Uniform Rules for Demand Guarantees (URDG) reflect international standard practice in the use of demand guarantees and balance the legitimate interests of all parties. More than an update of the existing rules, the revised URDG 758 is a new set of rules for the twenty-first century that has been in effect since the 1st of July 2010.

Since their first adoption in 1991, ICC’s URDG have gained international acceptance and official recognition by bankers, traders, industry associations and international organizations including UNCITRAL, FIDIC and the World Bank. The current edition, URDG 758, was officially endorsed by the UN Commission on International Trade Law (UNCITRAL) in 2011.

The most significant changes in this edition are :

  • New definitions and interpretation rules for greater clarity and precision;
  • The treatment of non-documentary conditions, incomplete presentations, and many other contentious practices;
  • A comprehensive coverage of advice of guarantees, amendments, electronic documents, transfers and more;
  • A provision on force majeure that triggers an extension of a guarantee for thirty calendar days;
  • The replacement of “reasonable time” with fixed periods for the examination of demands, the extension of guarantees and the suspension of payments. PLUS – URDG 758 contains :
  • A clear layout of the examination process for demands;
  • A step-by-step roadmap for handling extend or pay demands;
  • A checklist of drafting recommendations;
  • Ready-to-use model forms. URDG 758 is also available in English-French, English-Spanish and English-Russian.
  1. Download the order form and fill in your order
  2. Send the order form via email to icc@iccindonesia.org and cc-ed to cs@iccindonesia.org
  3. ICC Indonesia will send the invoice to you
  4. Make the payment and send the transfer receipt to ICC Indonesia
  5. Once the payment has been confirmed by ICC Indonesia, your order will be sent to your address


  • Price above is excluded the shipping cost
  • Estimated shipping costs for delivery from Jakarta to Jakarta, with JNE REG or JNE YES according to the applicable price (estimated: JNE REG IDR 9,000/kg or JNE YES IDR 18,000/kg).
  • Shipping cost could be check on JNE official website.

Download File:

1. Foreword
2. Introduction

3. Article 1 Application of URDG
4. Article 2 Definitions
5. Article 3 Interpretation
6. Article 4 Issue and effectiveness
7. Article 5 Independence of guarantee and counter-guarantee
8. Article 6 Documents v. goods, services or performance
9. Article 7 Non-documentary conditions
10. Article 8 Content of instructions and guarantees
11. Article 9 Application not taken up
12. Article 10 Advising of guarantee or amendment
13. Article 11 Amendments
14. Article 12 Extent of guarantor’s liability under guarantee
15. Article 13 Variation of amount of guarantee
16. Article 14 Presentation
17. Article 15 Requirements for demand
18. Article 16 Information about demand
19. Article 17 Partial demand and multiple demands; amount of demands
20. Article 18 Separateness of each demand
21. Article 19 Examination
22. Article 20 Time for examination of demand; payment
23. Article 21 Currency of payment
24. Article 22 Transmission of copies of complying demand
25. Article 23 Extend or pay
26. Article 24 Non-complying demand, waiver and notice
27. Article 25 Reduction and termination
28. Article 26 Force majeure
29. Article 27 Disclaimer on effectiveness of documents
30. Article 28 Disclaimer on transmission and translation
31. Article 29 Disclaimer for acts of another party
32. Article 30 Limits on exemption from liability
33. Article 31 Indemnity for foreign laws and usages
34. Article 32 Liability for charges
35. Article 33 Transfer of guarantee and assignment of proceeds
36. Article 34 Governing law
37. Article 35 Jurisdiction


a. Form of Demand Guarantee under URDG 758
b. Optional Clauses
c. Form of Counter-Guarantee under URDG 758
d. ICC Task force on Guarantees

39. ICC at a Glance
40. Some ICC Specialized Divisions
41. Some Product for Global Business

Edisi Bilingual Bahasa Indonesia – Bahasa Inggris lainnya