Cryptic crossword clue
Packing container is suggested for venomous snake 5

The most common and most likely answer to this crossword clue is the 5 letter word KRAIT

I've seen this crossword clue in Financial Times
K
R
A
I
T

Buddy explains!

The straight part
We know that "venomous snake" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case venomous snake = krait.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does KRAIT mean?

KRAIT noun
  1. Any of several brightly-coloured, venomous snakes, of the genus Bungarus, of southeast Asia.

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