ISBP 745 Section M — Packing List Compliance: A Deterministic Framework for Document Examination

Introduction

ISBP 745 Section M is Packing List, Note or Slip. It is read with UCP 600, not instead of it. This extract letters M1)–M6) for this document type. M1) When a credit requires the presentation of a packing list, this will be satisfied by the presentation of a document titled as called for in the credit, or bearing a similar title or untitled, that fulfils its function by M2) A packing list is to be issued by the entity stated in the credit. M3) When a credit does not indicate the name of an issuer, any entity may issue a packing list. Content of a packing list

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 M compiles Packing List, Note or Slip. 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 M cover?

Packing List, Note or Slip.

Does Section M 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).