Field 44D: Shipment Period

Article 44D: Shipment Period is a field under the MT 700 Issue of a Documentary Credit swift message. This field specifies the period of time during which the goods are to be loaded on board / despatched / taken in charge.

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What is Field 44D: Shipment Period?

Field 44D: Shipment Period is a field in MT 700 swift message type that is used to specify the period of time during which the goods are to be loaded on board/despatched/taken in charge.

This is an optional field.

Either field Field 44C: Latest Date of Shipment or Field 44D: Shipment Period, but not both, may be present.

Usually issuing banks prefer to use Field 44C: Latest Date of Shipment, but not Field 44D: Shipment Period.

Shipment period will apply only to the presentations that contain at least one transport document as described in the latest version of the UCP.

Please be careful that below documents are not considered as a transport document according to the UCP 600.

  • Delivery Order,
  • Forwarder’s Certificate of Receipt,
  • Forwarder’s Certificate of Shipment,
  • Forwarder’s Certificate of Transport,
  • Forwarder’s Cargo Receipt
  • Mate’s Receipt

Therefore, these documents will be examined in the same manner as other documents for which there are no specific provisions in UCP 600, i.e., under sub-article 14(f).

MT 700
Field 44D: Shipment Period:
DEFINITION
This field specifies the period of time during which the goods are to be loaded on board/despatched/taken in charge.

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