It is the baggage for whose custody the carrier is exclusively responsible and for which it issues a checked baggage ticket. It has two portions, the passenger's portion to claim it at its final destination and the portion that is placed in the luggage to be transported.
The user must not include in his checked baggage, fragile or perishable items, such as money, jewelry, precious stones or metals, silverware, negotiable documents, titles or other securities; cash, passports, cameras or video cameras, video cameras, computers, calculators, glasses, or bottles with liquor, medical equipment, cell phones, or any other valuable or fragile object, for which the air carrier is not responsible if transported in such conditions.
Valuables must be carried under a declared value declaration. If such value is accepted by the air carrier and a supplementary sum has been paid, the air carrier is liable up to the limit of such value. However, in such cases, the air carrier may require from the passenger additional conditions or security measures for such carriage.