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...
Rail Transport Document (CIM)
On this page, I will try to explain you "Rail Transport Document" and its applications in letters of credit transactions.
Banks mention "Rail Transport Document"...
What are the Differences Between Consignee and Notify Party 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...
Certified Commercial Invoice and Legalized Commercial Invoice
A certified commercial invoice is a commercial document, which is issued by the beneficiary of the letter of credit and certified by the chamber...
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...
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,...
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 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...
Inspection Certificate
On this page, I will try to explain “Quality Control Inspections”, "Inspection Certificates" and their applications in letters of credit.
A letter of credit transaction...
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...
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