Upu Postal Payment Services Agreement

– Second Additional Protocol to the UPU Constitution – Universal Postunion General Regulations – Universal Postal Convention – Agreement on Insured Letters – Agreement on Parcel Shipments – Agreement on Postal Mail and Postal Checks – Agreement on transfers to and from the postal bank account – Agreement on the cash account Article on delivery – Agreement on bank collections To help postal operators to switch money electronically and gradually replace the order traditional postal transfer since 2005, the UPU has made its electronic network safer and more reliable. It has begun to set up a centralised compensation system while identifying the main migration movements. Through its application of the international financial system, it has opened 150 corridors connecting 36 countries. About 60 other countries are currently testing the application in order to join the UPU`s international financial network. The main legislative acts of congress are the Universal Postal Convention, which sets the ground rules for the exchange of documents and parcels between post offices, as well as the Constitution and general regulations that the UPU sets up and organizes itself. Congress also passed a postal agreement on payment services, which governs the international financial services of post offices. UpU `files` are intergovernmental agreements adopted by a UPU “congress” or by the UPU Postal Operations Council. The Postal Operations Council (POC) is the MAIN administration site of the UPU. The POC exercises legislative power. It adopts the regulations relating to the letter mail and regulations because they are binding on all UPU Member States, as well as the regulations implementing the postal payment contract, which are binding on the countries parties to this agreement. Members of the POC and POC, who operate on joint committees of the Board of Directors, develop the main proposals that will be adopted as acts and decisions of the Congress. At the same time, the POC is guiding the operational and commercial aspects of the Union`s work, including the implementation of a business plan approved by Congress. As a result, the current international treaty will be significantly improved.

The document clearly defines, among other things, up-and-coming postal payment services, taking into account the principles of technological neutrality (which enables network and system connectivity), data privacy, anti-money laundering, security of processing and transmission of payment orders, consumer protection and reliability of payments between operators.

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