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Letter of Credit Documents

What is a Freight Forwarder’s Bill of Lading?

What is a Freight Forwarder’s Bill of Lading?

A freight forwarder's bill of lading is a transport document which is issued by a freight forwarder. It is also known as a house bill...
What does full set of bill of lading mean?

What Does Full Set of Bills of Lading Mean?

Under an ordinary letter of credit, the issuing bank demands a full set of clean shipped on board ocean bills of lading from the...
shipping documents

Shipping Documents

Shipping documents, when used as a term in a letter of credit, could create problems between the issuing bank and the beneficiary due to...
clean on board

Clean on Board Notation on Bills of Lading

What is clean on board? A clean transport document or a “clean on board” clause relates to the condition of the goods and/or packaging. If, on...
FCR (Forwarder’s Certificate of Receipt)

Fiata FCR (Forwarder’s Certificate of Receipt)

On this post, I will explain Forwarder's Certificate of Receipt, an international trade document, only issued by freight forwarders, whom are the members of...

What Happens if Letter of Credit is Silent in Regards to the Period of...

Documents must be presented to the nominated banks within allowed time frame under letters of credit payments. Otherwise issuing banks or confirming banks raise late...
Made Out to the Order of

What Does “Made Out to the Order of” Mean in a Bill of Lading?

Majority of the letters of credits are asking for a bill of lading which must be issued made out to the order of the...
fiata waybill

Fiata FWB (Non-Negotiable Fiata Multimodal Transport Waybill)

On this post, I will explain Non-Negotiable Fiata Multimodal Transport Waybill, a transport document, only issued by freight forwarders, whom are the members of...
packing list and weight list

Packing List and Weight List

Packing list, is an international trade document, used to identify details of the shipment in terms of packaging. The packing list is a detailed listing...
How to determine date of shipment on a Road Transport Document?

How to Determine Date of Shipment on a Road Transport Document?

Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine whether shipment made on...
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