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...
FIATA FCT (Forwarders Certificate of Transport)
On this post, I will explain Forwarder's Certificate of Transport, an international trade document, only issued by freight forwarders, whom are the members of...
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...
Fiata FWB (Non-Negotiable Fiata Multimodal Transport Waybill)
On this post, I will explain Non-Negotiable Fiata Multimodal Transport Waybill, a transport document, only issued by freight forwarders, whom are the members of...
What are the differences between received for shipment bill of lading and pre-printed shipped...
There are two types of bills of lading circulating around the globe in terms of pre-printed notifications:
Received for shipment bills of lading: Goods...
Fiata FWR (Warehouse Receipt)
On this post, I will explain Fiata Warehouse Receipt, an international trade document, only issued by freight forwarders, whom are the members of the...
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...
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...
What Happens if Letter of Credit is Silent in Regards to the Period of...
Documents must be presented to the nominated banks within allowed time frame under letters of credit payments.
Otherwise issuing banks or confirming banks raise late...
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...
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