1, URGD and UR are all terms related to financial market transactions, where UR is the abbreviation of URDG. UR stands for "Uniform Rules for Demand Guarantee", that is, "Uniform Rules for International Independent Guarantee Practice". This is a financial guarantee issued by the International Chamber of Commerce, which is mainly used for payment guarantee in international trade. UR stipulates the standard format, terms, scope of use and handling procedures of independent guarantee, aiming at protecting the rights and interests of both parties and transaction safety.

2.URDG is the full name of UR, which stands for Uniform Rules for International Independent Guarantee Practice (referred to as URDG in English). URDG is an independent guarantee widely used in international trade. Its purpose is to formulate uniform rules for independent letters of guarantee, so that countries can follow the same rules and standards when using independent letters of guarantee, and reduce the transaction risks caused by cultural differences, legal differences and other factors.