ISBP stand for International Standard Banking Practice for the Examination of Documents under Documentary Letter of Credit. It is an ICC publication and official ICC document. ISBP was prepared in order to fill the gap between general principals of UCP and the daily practice.
Hading of the ISBP 2007 chapters are given below:
1. Preliminary considerations
2. General principles
3. Drafts and calculation of maturity date
4. Invoices
5. Transport document covering at least two different modes of transport
6. Bill of lading
7. Charter party bill of lading
8. Air Transport document
9. Road, Rail or Inland waterway transport documents
10. Insurance document and coverage
11. Certificates of origin.
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