 Option A |
100*65x |
(Narrative) |
Optional
This field contains a description of further conditions of the documentary credit.
In case the documentary credit is subject to any rules for which no code words are provided in field 40E, further details should be specified in this field.
To cater for lengthy documentary credits, up to three MT 721s may be sent in addition to an MT 720. However, field 47a may appear in only one message, that is, either in the MT 720 or in one MT 721. This means that in any documentary credit, there is a limit of 100 lines of 65 characters to specify the additional conditions.
Some examples of valid combinations:
MT 720 contains field 45A, 46A, and 47A.
MT 720 contains field 47A; the subsequent MT 721 contains fields 45B and 46B.
MT 720 contains field 46A; the subsequent MT 721 contains fields 45B and 47B.
MT 720 contains field 46A; the first MT 721 contains field 45B; the second MT 721 contains field 47B.
MT 720 does not contain fields 45A, 46A or 47A; the first MT 721 contains field 45B; the second MT 721 contains field 46B; the third MT 721 contains field 47B.
Some examples of invalid combinations:
MT 720 contains field 47A; the first MT 721 contains fields 45B and 46B; the second MT 721 contains field 47B (INVALID because there are two fields 47a).
MT 720 contains field 47A; the first MT 721 contains field 47B; the second MT 721 contains fields 45B, 46B and 47B (INVALID because there are three fields 47a).
Where applicable, for credits subject to eUCP:
If presentation of both electronic records and paper documents is allowed, the place for presentation of the electronic records (that is, the electronic address to which presentation must be made) as well as the place for presentation of the paper documents must be specified in this field.
If presentation of only electronic records is allowed, the place for presentation of the electronic records (that is, the electronic address to which presentation must be made) must be specified in this field.
If not already part of the original documentary credit, the advising bank, that is, the receiver of the message, must provide the beneficiary or another advising bank with the electronic address of the issuing bank. Furthermore, the advising bank must provide the beneficiary or another advising bank with the electronic address where they wish the electronic records to be presented.
In case the electronic address contains the "@" sign, the latter should be replaced by "(AT)".
In case the electronic address contains the "_", the latter should be replaced by "(UNDERSCORE)".
Examples:
EUCP@DRESDNER-BANK.COM should be shown as
EUCP(AT)DRESDNER-BANK.COM
EUCP_RECS@DRESDNER-BANK.COM should be shown as
EUCP(UNDERSCORE)RECS(AT)DRESDNER-BANK.COM
The specification of each new item should begin on a new line, preceded by the sign '+'.
:47A:+NOT SUBJECT TO ICC UCP500
:47A:+SUBJECT TO ICC EUCP VERSION 1.0
