Recommendations of the Banking Commission in respect of the requirements for an On board Notation
Prepared by the ICC commission on :
Publication date : 22/04/2010 | Document Number : 470/1128
- Bills of Lading and the need for onboard notation
- UCP 600 articles applicable for examination of bills of lading
- Position in respect of Sea Waybills, Multimodal/Combined Transport Documents and Charter Party Bills of Lading
- Simple flowchart
At the ICC Banking Commission meeting held in Dubai in March 2009, it was agreed that the UCP 600 Drafting Group would prepare a document outlining the requirements for an on board notation in respect of transport documents presented for examination under articles 19, 20, 21 or 22 of UCP600.
It has also been made clear by several national committees that there is a desire for this paper to become an official publication of the ICC.
This document provides the unanimous views of the UCP 600 Drafting Group and is presented to the ICC Banking Commission for agreement as an official ICC document that is reflective of practice in respect of the requirement for an on board notation.
Once approved, the contents will form part of the soon to be revised International Standard Banking Practice for the Examination of Documents under Documentary Credits.