Recommendations of the Banking Commission in respect of the requirements for an On board Notation

There have been a request that ICC should publish a document "outlining the requiremenets for an on board notation in respect of of transport documents presented for examination under articles 19, 20, 21 or 22 of UCp 600". Such a document is now available and can be found below.

Quotes from the document:
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.

This document will:

• aid beneficiaries in instructing carriers and logistics companies of the requirements for any on board notation;
• provide carriers and logistics companies with clear guidelines as to when an on board notation will be required to appear on a transport document and its data components; and
• guide banks in the correct interpretation and application of the UCP in relation to on board notations for bills of lading, sea waybills and charter party bills of lading, and for multimodal or combined transport documents, where the first part of the carriage (as required by the credit) is by sea.