Wednesday, July 15, 2020
Presentation – Letter of Credit Documents

Presentation – Letter of Credit Documents

Proforma Invoice In international trade transactions, a proforma invoice is a trade document which states a commitment from the seller (exporter) to sell goods...
What are the Differences Between a Bill of Lading and a Charter Party Bill of Lading?

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,...
congenbill

What is Congenbill Bill of Lading?

Congenbill is a type of charter party bill of lading which is widely used in international transportation. Congenbill 2007 is the latest version of standard...
How to Determine Maturity Date if Letter of Credit States That Tenor of the L/C is 60 Days After Bill of Lading Issue Date?

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,...
Date of Shipment on an Air Transport Document

How to Determine Date of Shipment on an Air Transport Document?

An air waybill is a document covering the carriage of goods by plane from one airport to another. Date of shipment is one of the...
Freight Forwarder’s Bill of Lading Not Acceptable

Freight Forwarder’s Bill of Lading Not Acceptable

Some issuing banks add an additional condition to the letters of credit they have issued, indicating that freight forwarder's bill of lading is not...
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...
Differences Between MBL (Master Bill of Lading) and HBL (House Bill of Lading)

What are the Differences Between MBL (Master Bill of Lading) and HBL (House Bill...

Understanding the differences between a master bill of lading and a house bill of lading in export and import transactions. What Does a Master Bill...
Differences Between Air Waybill and Bill of Lading

What are the Differences Between Air Waybill and Bill of Lading?

What Does Bill of Lading Mean in Export and Import Businesses? Bill of lading (B/L) is a transport document, which is used in port-to-port sea...
What is the Difference Between MAWB (Master Air Waybill) and HAWB (House Air Waybill)?

What is the Difference Between MAWB (Master Air Waybill) and HAWB (House Air Waybill)?

What Does Master Air Waybill Mean in Export and Import Businesses? Master air waybill (MAWB) is a transport document, which is used in air shipments,...
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