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Bill of Lading

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Bill of Lading
International Standard Banking Practice

BILL OF LADING
Application of UCP 600 Article 20 91. If a credit requires presentation of a bill of lading (“marine”, “ocean” or “port-to-port” or similar) covering sea shipment only, UCP 600 article 20 is applicable. To comply with UCP 600 article 20, a bill of lading must appear to cover a port-to-port shipment but need not be titled “marine bill of lading”, “ocean bill of lading”, “port-to-port bill of lading” or similar.

92 .

Full Set of Originals 93 . A UCP 600 article 20 transport document must indicate the number of originals that have been issued. Transport documents marked “First Original”, “Second Original”, “Third Original”, “Original”, “Duplicate”, “Triplicate”, etc., or similar expressions are all originals. Bills of lading need not be marked “original” to be acceptable as an original bill of lading. In addition to UCP 600 article 17, the ICC Banking Commission Policy Statement, document 470/871 (Rev), titled “The Determination of an ‘Original’ Document in the Context of UCP 500 sub-Article 20 (b)” is recommended for further guidance on originals and copies and remains valid under UCP 600. The content of the Policy Statement appears in the Appendix of this publication, for reference purposes.

92

UCP600 91. “ 92 . ” ) UCP600 (“ ” “ ”

UCP600 “ ” (marine bill of lading) “ ” (ocean bill of lading) “ ” (port-to-port bill of lading)

93 .

UCP600 “ (Second Original) “ ” (Original) “ (Triplicate) ” (original) ” (First Original) “ ” (Third Original) ” (Duplicate) “ ” “ ” “ UCP600 470/871 (Rev.) ”

UCP500 UCP600

(b)



93

International Standard Banking Practice

Signing of Bills of Lading 94 . Original bills of lading must be signed in the form described in UCP 600 sub-article 20(a)(i) and indicate the name of the carrier, identified as the carrier. a ) If an agent signs a bill of lading on behalf of the carrier, the agent must be identified as agent and must identify on whose

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