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...
Multimodal Bill of Lading
Multimodal transportation is the movement of one unit load from origin to destination by several methods or transportation under one document without breaking up the unit...
How to Determine Date of Shipment on a Multimodal Bill of Lading?
Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine
whether shipment made on...
How to Determine Date of Shipment on a Bill of Lading?
Date of shipment is one of the key definitions in a letter of credit transaction. It is used to determine
whether shipment made on...
What are the Differences Between Consignee and Shipper Fields of Bills of Lading?
Bill of lading is a transport document covering the carriage of goods by sea.
Consignee means a person entitled to take delivery of the goods...
Stale Bill of Lading
According to the letter of credit rules a presentation consists of a transport document should be presented to the nominated bank within 21 days...
How to Determine Maturity Date if Letter of Credit States That Tenor of the...
Maturity date is a term related to a time draft.
A time draft is a form of payment that is guaranteed by an issuing bank,...
Blank Back Bill of Lading Not Acceptable
A Blank Back Bill of Lading, also known as Short Form Bill of Lading, is a type of transport document that does not include...
What are the Differences Between a Bill of Lading and a Charter Party Bill...
Under the current letter of credit rules and international standard banking practices, if a letter of credit calls for a marine bill of lading,...
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...
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