ISBP 745 Section F: Non-Negotiable Sea Waybill Compliance Under Documentary Credits

Introduction

ISBP 745 Section F is Non-Negotiable Sea Waybill. It is read with UCP 600, not instead of it. This extract letters F1)–F25) for this document type. F1) a. A requirement in a credit for the presentation of a non-negotiable sea waybill, covering a port-to-port shipment only, i.e., a credit that contains no reference to a place of receipt or taking in charge or place of fi F2) a. A non-negotiable sea waybill may be issued by any entity other than a carrier or master (captain) provided it meets the requirements of UCP 600 article 21. b. When a credit indicates “Freight Forwarder’s non-negotiabl F3) A stipulation in a credit that “Freight Forwarder’s non-negotiable sea waybill is not acceptable” or “House non-negotiable sea waybill is not acceptable” or words of similar effect has no meaning in the context of the ti

Applying these paragraphs

ISBP 745 is read with UCP 600, not instead of it. Apply the paragraphs in this section to the document type they actually name.

Conclusion

Section F compiles Non-Negotiable Sea Waybill. Do not mutate the letter onto another instrument. Draft Field 46A so the presentation can compile against both UCP 600 and these paragraphs.

FAQ

What document does ISBP 745 Section F cover?

Non-Negotiable Sea Waybill.

Does Section F replace the matching UCP 600 transport or insurance article?

No. ISBP 745 is read with UCP 600. The UCP article the credit invoked still governs.

Can a bank refuse on an ISBP paragraph the credit never invoked as a term?

ISBP describes how UCP 600 is applied. It does not add documents. Extra documents are disregarded under UCP 600 Article 14(g).