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BREAKING NEWS: ICC Banking Commission approves ISDGP

31/03/2021 At the virtual ICC Banking Commission meeting today, the Commission approved the release of the ISDGP (International Standard Demand Guarantee Practice) publication. Only 2 countries voted against the text. More details will be provided in the members Spring/Summer 2021 Newsletter that will be released soon.


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Collyer Consulting Trade Finance Masterclass to return to Dubai in 2026 18/09/2025

The widely acclaimed MasterClass event (a two-day event) will return to Dubai in 2026...more

ICC Trade Advisory Briefing list updated 28/08/2025

The list of ICC Trade Advisory Briefing notes has been updated with numbers 13 and 14...more

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LC required field 44E: Any port in Thailand Field 44F: Any port in Vietnam Bill of lading presented with the bellowing details: Pre-carriage by and Place of Receipt ITAL BONUS V.0474-113S SAHATHAI, THAILAND Vessel and Voy No. and Port of Loading EVER OBEY V.0444-045N LAEM CHABANG, THAILAND Laden on Board the Vessel: OCTOBER 11, 2025 ITAL BONUS V. 0474-113S AT LAEM CHABANG, THAILAND 1. Can we raise the discrepancy: “B/L ON BOARD NOTATION INDICATED PRE-CARRIAGE I/O OCEAN VESSEL”? According to ISBP 821 paragraph E6 (c) (i) when a bill of lading indicates place of receipt different from the port of loading and there is an indication of a means of pre-carriage, it is to bear a dated on board notation which also indicates the name of vessel and the port of loading stated in the credit. In the presented bill of lading, the “on board” notation refers to the pre-carriage vessel ITAL BONUS, instead of the ocean vessel EVER OBEY, even though the port of loading is stated as LAEM CHABANG, THAILAND. We would like to seek your opinion whether this should be considered a discrepancy, or whether it is acceptable given that both Place of Receipt (SAHATHAI, THAILAND) and Port of Loading (LAEM CHABANG, THAILAND) comply with LC field 44E (“Any port in Thailand”). If it is to be treated as a discrepancy, kindly indicate any relevant ICC Opinion or ICC Official Interpretation (e.g., from ICC Opinions R-series or TA-series) that supports this view. 2. Kindly also confirm whether the following two forms of on-board notation would both be acceptable under ISBP 821 E6(c) (i): + Option 1: Laden on Board the Vessel: OCTOBER 11, 2025 EVER OBEY V.0444-045N AT LAEM CHABANG, THAILAND Or + Option 2: Laden on Board the Vessel: OCTOBER 11, 2025 ITAL BONUS V. 0474-113S AT SAHATHAI, THAILAND