ISBP: di cosa stiamo parlando?

Art. 2 UCP 600 ICC: «Credito significa qualunque pattuizioneirrevocabile, comunque denominata o descritta, che costituisce unimpegno inderogabile della banca emittente di onorare unapresentazione conforme.»

Conforme a cosa? Art. 2 UCP 600 ICC: “Complying presentation meansa presentation that is in accordance with the terms and conditions ofthe credit, the applicable provisions of these rules and internationalstandard banking practice.”

ISBP: diverse risorse ICC: Pubbl.ne ISBP 745 ICC/ICC Opinions/

ICC Decisions/DOCDEX Decisions

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ISBP 745 ICC: Invoices

Instalment drawings or shipments

C15) a. i. When a drawing or shipment by instalments within given periods isstipulated in the credit, and any instalment is not drawn or shipped within theperiod allowed for that instalment, the credit ceases to be available for thatand any subsequent instalment. Given periods are a sequence of dates ortimelines that determine a start and end date for each instalment.

b. When a credit indicates a drawing or shipment schedule by only indicating anumber of latest dates, and not given periods (as referred to in paragraphC15) (a) (i): i. this is not an instalment schedule as envisaged by UCP 600,and article 32 will not apply.

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ISBP 745 ICC: Invoices

Instalment drawings or shipments: esempio

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Application of UCP 600 article 19

D1) a. A requirement in a credit for the presentation of a transport document,however named, covering movement of goods utilizing at least two differentmodes of transport means that UCP 600 article 19 is to be applied in theexamination of that document.

b. i. A multimodal or combined transport document is not to indicate thatshipment or dispatch has been effected by only one mode of transport, but itmay be silent regarding some or all of the modes of transport utilized.

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ISBP 745 ICC: Transport document covering at least two different modes of transport (“multimodal or combined transport document”)

Application of UCP 600 article 19

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ISBP 745 ICC: Transport document covering at least two different modes of transport (“multimodal or combined transport document”)

Application of UCP 600 article 19

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ISBP 745 ICC: Transport document covering at least two different modes of transport (“multimodal or combined transport document”)

ISBP 745 ICC: Transport document covering at least two different modes of

transport (“multimodal or combined transport document”)/BL

Issuance, carrier, identification of the carrier and signing of a multimodaltransport document

In presenza, dunque, di una indicazione del tipo “Freight Forwarder’s MultimodalTransport Documents are not acceptable”, le banche saranno tenute ad accettareun documento di trasporto firmato con l’indicazione “as carrier”, senza farriferimento alla reale capacità dell’emittente il documento.

La presenza di una indicazione del tipo “Transport document issued by freightforwarder are not acceptable, even if in the capacity as carrier or an agent for thecarrier” implicherebbe la non accettabilità di un documento di trasporto FIATA,di un documento di trasporto “house”, di un documento emesso da un“forwarder”

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Quando è necessario?

- Art. 19 UCP 600 ICC: Documento di trasporto che copre almeno duedifferenti modi di trasporto, quando la prima parte del trasporto è marittima(shipment from a port)

- Art. 20 UCP 600 ICC: Bill of Lading

- Art. 21 UCP 600 ICC: Non-Negotiable Bill of Lading

- Art. 22 UCP 600 ICC: Charter Party Bill of Lading

In sostanza, 4 informazioni devono essere chiaramente riportate nel documento: che lamerce è “shipped on board”, il nome della nave, il porto di partenza e la data dispedizione. Es. Shipped on board Sea Pride from Naples port 4 Aprile 2013

ISBP 745 ICC: On board notation

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On-board notation

Combined Trasport Document (shipment from a port)// Bill of Lading // Non-Negotiable Bill of Lading //Charter Party Bill of Lading

Bill of lading is pre-printed “received for shipment” Bill of lading is pre-printed “shipped on board”

With place of receipt with an additional on board notation or

AND an indication of a completion of a box labeled “shipped on board date”

means of pre-carriage

OR with an indication

of a means of pre-carriage only

A dated on board notation is required with

name of the vessel and port of loading

With or without a

place of receipt

and NO indication of

a means of pre-carriage

A dated on board notation is required The date of issue is considered to be the date of shipment

An on board notation is also required where the ocean vessel and/or port of loading are stated to be “intended”. In this event, the on board notation is to include the name of the vessel

and/or the port of loading.

Where the port of loading stated in the credit is shown as the place of receipt (the ocean vessel and port of loading fields, in this case, are reflecting the transhipment details) with shipment

by sea from that port, a dated on board notation is required evidencing the port of loading stated in the credit and the vessel that is leaving that port.

Elaborazione a cura di D. Del Sorbo – Copyright Studio Del Sorbo srl – Not to be reproduced or copied without consent of the autor Pag. 1/1

With place of receipt AND an

indication of a means of pre-

carriage OR with an

indication of a means of pre-

carriage only: The date of

on board notation is

considered to be the date of

shipment

With or without a place of

receipt and NO indication of a

means of pre-carriage: The

dated on board notation (the

date of which will be

considered to be the date of

shipment) requires the addition

of the name of the vessel and

port of loading

Domenico Del Sorbo

Via G. Cesare, 229

80070 Bacoli (Na)

Bacoli, 21/06/2012

A:

Sony Europe Limited

Ufficio Vendite per Aziende

Via Galileo Galilei, 40

20092 Cinisello Balsamo (MI)

LETTERA DI CREDITO No. 1

Con la presente, mi impegno irrevocabilmente a pagare l’importo di Euro 20.000,00 a SONY EUROPE

LIMITED per l’acquisto di no. 20 notebook Sony Vaio Modello VPCZ21L9E dietro presentazione dei seguenti

documenti:

- Fattura commerciale in 2 copie;

- Lista colli;

- Certificato di Origine attestante l’origine giapponese della merce emesso dall’autorità competente;

- Ricevuta del Corriere DHL attestante l’invio di 20 notebook entro il 31/07/2012;

- Certificato di Garanzia con scadenza 31/12/2014

- Polizza assicurativa emessa per il 150% del valore della fattura emessa da una primaria compagnia

assicurativa coprente i rischi del clausolario A delle ICC 01/01/2009 fino a destinazione, pagabile in

Euro, in Italia con la segnalazione, in polizza, di un agente italiano.

I documenti indicati devono essere emessi in lingua italiana e devono essere presentati entro e non oltre il

15/08/2012. La presente Lettera di Credito è disciplinata dalle UCP 600 ICC Pubbl. Rev. 2007. L’art. 28 i UCP

600 non si applica.

Domenico Del SorboDomenico Del SorboDomenico Del SorboDomenico Del Sorbo

Da UNICREDIT SPA ES.MER CUNEOA S.P.A. - IMPIANTI E/nostro rif. 400011tipo operaz. NotificaBanca Mittente FRANSABANK S.A.L.POBOX 11-0393RIAD EL SOLH BEIRUT 1107 2803

Ns Riferimento 400011404330 seguito tipo oper. NotificaMT: 700:27: SEQUENCE OF TOTAL

1/1:40A: FORM OF DOCUMENTARY CREDIT

IRREVOCABLE:20: DOCUMENTARY CREDIT NUMBER

TFI000008099/038:31C: DATE OF ISSUE

10/03/2011:40E: APPLICABLE RULES

UCP LATEST VERSION:31D: DATE AND PLACE OF EXPIRY

20/04/2011 IN ITALY:50: APPLICANT

LEBANESE COMPANY

:59: BENEFICIARYS.P.A.

(CN) ITALY.

:32B: CURRENCY CODE, AMOUNTEUR 120.000,00

:39B: MAXIMUM CREDIT AMOUNTNOT EXCEEDING

:41A: AVAILABLE WITH ... BY ...UNCRITMMXXX

UNICREDIT SPA

PIAZZA CORDUSIO20123 MILANO MI

BY DEF PAYMENT:42P: DEFERRED PAYMENT DETAILS

.25 0/0 AT 90 DAYS FROM B/L DATE.

.25 0/0 AT 180 DAYS FROM B/L DATE.

.25 0/0 AT 270 DAYS FROM B/L DATE.

.25 0/0 AT 360 DAYS FROM B/L DATE.:43P: PARTIAL SHIPMENTS

PROHIBITED:43T: TRANSHIPMENT

PROHIBITED:44E: PORT OF LOADING/AIRPORT OF DEPARTURE

ANY ITALIAN PORT:44F: PORT OF DISCHARGE/AIRPORT OF DESTINATION

BEIRUT PORT, LEBANON:44C: LATEST DATE OF SHIPMENT

30/03/2011:45A: DESCRIPTION OF GOODS AND/OR SERVICES

''COMPLETE SHORT CUT PASTA LINE''AS PER INVOICE NO.12 DATED 14 FEB 2011..FCA ANY ITALIAN PORT (INCOTERMS 2010)

:46A: DOCUMENTS REQUIRED

+COMMERCIAL INVOICE IN TWO COPIES, ONE OF WHICH CERTIFIED BYTHE CHAMBER OF COMMERCE, AND BOTH BEARING THE FOLLOWING MENTIONDULY SIGNED BY THE BENEFICIARY''WE HEREBY CERTIFY THAT THE PRESENT INVOICE IS TRUE ANDAUTHENTIC, THAT IS THE ONLY ONE ISSUED BY US FOR THE GOODSMENTIONED THEREIN THAT MENTIONS THEIR EXACT VALUE WITHOUT ANYDEDUCTION AND THAT THE ORIGIN OF THE GOODS IS EXCLUSIVELYITALIAN.''.+FULL SET OF ''CLEAN ON BOARD'' MARINE BILLS OF LADING ,ISSUED OR ENDORSED TO THE ORDER OF FRANSABANK SAL, BEIRUT,LEBANON, MARKED FREIGHT PAYABLE AT DESTINATION, NOTIFY APPLICANT(SHORT FORM OR BLANK BACK B/L(S) NOT ACCEPTABLE)..SHIPMENT TO BE EFFECTED BY CONTAINERS..B/L MUST BEAR A SEPARATE NOTATION STATING ''CONTAINERS ACTUALLYLOADED ON BOARD + VESSEL NAME + PORT OF LOADING + DATE''DULY SIGNED BY THE SAME SIGNER OF THE B/L..+CERTIFICATE OF ORIGIN IN TWO COPIES ISSUED BY THE CHAMBER OFCOMMERCE ATTESTING THAT THE ORIGIN OF THE GOODS IS EXCLUSIVELYITALIAN..+PACKING LIST IN TWO COPIES..N.B. INSURANCE WILL BE COVERED LOCALLY BY APPLICANT.

:47A: ADDITIONAL CONDITIONS+THE L/C NUMBERS OF THE ISSUING AND ADVISING BANKS SHOULDAPPEAR ON EACH REQUIRED DOCUMENT..+TRANSHIPMENT PROHIBITED EVEN IF GOODS ARE LOADED IN CONTAINERS.

:71B: CHARGESALL CHARGES AND COMMISSIONS OUTSIDELEBANON ARE ON APPLICANT'S ACCOUNTINCLUDING THE REIMBURSING BANKCOMMISSIONS.

:48: PERIOD FOR PRESENTATIONDOCUMENTS TO BE PRESENTED WITHIN21 DAYS AFTER THE DATE OF ISSUANCEOF THE TRANSPORT DOCUMENTS BUTWITHIN L/C VALIDITY.

:49: CONFIRMATION INSTRUCTIONSWITHOUT

:53A: REIMBURSING BANKDEUTDEFF

:78: INSTRUCTIONS TO THE PAYING/ACCEPTING/NEGOTIATING BANKAGAINST COMPLYING PRESENTATION, WE HEREBY AUTHORIZE YOU TOREIMBURSE YOURSELVES AT MATURITY DATES BY DRAWING ON OUR EURO A/CHELD WITH DEUTSCHE BANK AG, FRANKFURT, GERMANY (ATT L/C REIMB.DEPT.) ALREADY INSTRUCTED TO THIS EFFECT FOR THE AMOUNT OF YOURACCEPTANCES. UPON YOUR ACCEPTANCE, KINDLY PROVIDE US WITH THERELATING AMOUNTS AND MATURITY DATES APPLIED BY TESTED TELEX/SWIFTMESSAGE TO BE SENT TO US ATFRASAR 20631 OR 40036 LE OR SWIFT CODE FSABLBBX.THIS MESSAGE IS THE ONLY OPERATIVE CREDIT INSTRUMENT.THIS L/C IS SUBJECT TO UCP 600 REV.2007 OF ICC AND TO URR 725.HOWEVER, IN CASE OF CONFLICT BETWEEN UCP 600 AND URR 725,ARTICLE 13 OF UCP 600 SHALL PREVAIL.

:57D: 'ADVISE THROUGH' BANKIBAN IT55CO200846000000002250371YOUR PIAZZA GALIMBERTIANGOLO VIA ROMA12100 CUNEO ITALYSWIFT CODE UNCRITM1CD6

CAMPO 41 MT 700 AVAILABLE WITH/BY

ISSUING BANK NOMINATED BANK ((≠ ISSUING BANK)

1) BY PAYMENT

2) BY DEF PAYMENT

3) BY ACCEPTANCE

MUST HONOUR A COMPLYING PRESENTATION

CONFIRM CAMPO 49 MT 700 W/O

CONFIRMING BANK

1) BY PAYMENT

2) BY DEF PAYMENT

3) BY ACCEPTANCE

4) BY NEGOTIATION

MUST HONOUR/NEGOTIATE

A COMPLYING PRESENTATION

W/O RECOURSE

NOMINATED BANK NAMED BANK/ANY BANK NOMINATED BANK

1) BY NEGOTIATION 2) BY PAYMENT

MAY NEGOTIATE 3) BY DEF PAYMENT

A COMPLYING PRESENTATION 4) BY ACCEPTANCE

WITH OR W/O RECOURSE

MAY HONOUR A COMPLYING

PRESENTATION

1) UCP 600 ICC: ADVISING BANK MEANS THE BANK THAT ADVISES THE CREDIT AT THE REQUEST OF THE ISSUING BANK. BY ADVISING THE CREDIT OR

AMENDMENT, THE ADVISING BANK SIGNIFIES THAT IT HAS SATISFIED ITSELF AS TO THE APPARENT AUTHENTICITY OF THE CREDIT OR AMENDMENT

AND THAT THE ADVICE ACCURATELY REFLECTS THE TERMS AND CONDITIONS OF THE CREDIT OR AMENDMENT RECEIVED.

2) LA ISSUING BANK NON PUO’ NEGOZIARE. SU RICHIESTA DEL BENEFICIARIO, SE VUOLE, PU0’ SCONTARE PRO SOLUTO IMPEGNI DI PAGAMENTO A

SCADENZA

3) ART. 2 UCP 600 ICC:

“NEGOTIATION MEANS THE PURCHASE BY THE NOMINATED BANK OF DRAFTS (DRAWN ON A BANK OTHER THAN THE NOMINATED BANK) AND/OR

DOCUMENTS UNDER A COMPLYING PRESENTATION, BY ADVANCING OR AGREEING TO ADVANCE FUNDS TO THE BENEFICIARY ON OR BEFORE THE

BANKING DAY ON WHICH THE REIMBURSEMENT IS DUE TO THE NOMINATED BANK.”

4) ART. 12 UCP 600 ICC:

“A. UNLESS A NOMINATED BANK IS THE CONFIRMING BANK, AN AUTHORIZATION TO HONOUR OR

NEGOTIATE DOES NOT IMPOSE ANY OBLIGATION ON THAT NOMINATED BANK TO HONOUR OR NEGOTIATE, EXCEPT WHEN EXPRESSLY AGREED TO BY

THAT NOMINATED BANK AND SO COMMUNICATED TO THE BENEFICIARY.

B. BY NOMINATING A BANK TO ACCEPT A DRAFT OR INCUR A DEFERRED PAYMENT UNDERTAKING, AN ISSUING BANK AUTHORIZES THAT NOMINATED

BANK TO PREPAY OR PURCHASE A DRAFT ACCEPTED OR A DEFERRED PAYMENT UNDERTAKING INCURRED BY THAT NOMINATED BANK.

C. RECEIPT OR EXAMINATION AND FORWARDING OF DOCUMENTS BY A NOMINATED BANK THAT IS NOT A CONFIRMING BANK DOES NOT MAKE THAT

NOMINATED BANK LIABLE TO HONOUR OR NEGOTIATE, NOR DOES IT CONSTITUTE HONOUR OR NEGOTIATION.”

5) ART. 7C UCP 600 ICC: “AN ISSUING BANK UNDERTAKES TO REIMBURSE A NOMINATED BANK THAT HAS HONOURED OR NEGOTIATED A COMPLYING

PRESENTATION AND FORWARDED THE DOCUMENTS TO THE ISSUING BANK. REIMBURSEMENT FOR THE AMOUNT OF A COMPLYING PRESENTATION

UNDER A CREDIT AVAILABLE BY ACCEPTANCE OR DEFERRED PAYMENT IS DUE AT MATURITY, WHETHER OR NOT THE NOMINATED BANK PREPAID OR

PURCHASED BEFORE MATURITY.”

6) IT’S POSSIBLE FOR NOMINATED BANK, NON ACTING ON ITS NOMINATION, TO REFUSE TO HONOUR OR NEGOTIATE EVEN AFTER THE DOCUMENTS

HAVE BEEN EXAMINED AND FORWARDED TO ISSUING BANK. PAYMENT ARE USUALLY EFFECTED BY THE NOMINATED BANK ON CONDITION THAT

FUNDS HAVE BEEN RECEIVED.