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...
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...
Sample Legalized Commercial Invoice
On this page, I would like to share a legalized commercial invoice example.
The invoice was prepared in 2012 by one of Turkish manufacturer and...
Notify Party of a Bill of Lading
What Does Notify Party Mean?
Notify party means a person that should be notified by the carrier along with the consignee when the shipment arrives...
How to Determine Date of Shipment on a Charter Party 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...
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...
L/C Demands a B/L Stating That All Original B/Ls Must be Surrendered
A negotiable bill of lading is a bill of lading where the consignee’s name is preceded by the words “to order,” thus allowing the...
Bill of Exchange
On this page, I will try to explain "Bill of Exchange" and its applications in letters of credit.
Banks mention "Bill of Exchange" as "Draft"...
Shipper of a Bill of Lading
What Does the Shipper Mean?
Shipper means a person that enters into a contract of carriage with a carrier. Shipper also known as consignor.
In most cases...
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...
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