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...
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,...
How Does a Bill of Exchange Work?
Bill of exchange, which is also known as draft, is a financial document commonly used in international trade transactions.
According to UK's Bill of Exchange...
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...
Consignee of a Bill of Lading
What Does Consignee Mean?
Consignee means a person entitled to delivery of the goods under a contract of carriage indicated on a bill of lading.
Consignee...
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...
Certificate of Origin
A Certificate of Origin (often abbreviated to CO, C/O, COO) is a trade document, which identifies the origin of goods that is being exported...
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...
International Sales Contract
In international trade transactions, a sales contract defines the roles and responsibilities of the parties to each other.
Without a sales contract, it would not...
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...
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