Bill of Lading
The transport document covering the carriage of goods by sea is called a bill of lading. B/L is the most frequently used abbreviation of...
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...
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...
Proforma Invoice
In international trade, a proforma invoice means a trade document that states a commitment from the seller (exporter) to sell goods to the buyer...
Health Certificate
All food products that will be subject to international trade, whether of animal or non-animal origin, must be fit for human consumption and comply...
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,...
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...
Letter of Credit Condition: Bill of Lading with Multiple Notify Party
Letter of credit, in a broad perspective, is one of the payment methods in international trade.
Bill of lading is a transport document covering the...
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...
Air Waybill
On this page I will try to explain you air waybill and its applications in letters of credit transactions.
Issuing banks mention air transport document...
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