The ICC Publication No. 758 (URDG 758) replaced URDG 458 on July 1, 2010, designed to make the life cycle of a guarantee clearer and more secure. It comprises 35 articles that govern the drafting, issuance, amendment, presentation, and demand processes. 1. Independence and Non-Documentary Conditions (Article 5)

While URDG is strict, it acknowledges the "abusive demand." A guarantor can refuse payment if there is clear, objective evidence of fraud (e.g., forged documents). But mere contractual disputes between buyer and seller are not fraud.