Tag: Bill of Lading
Importance of Bill of Lading Title: Ocean or Marine Bill of Lading
Issuing banks often require an ocean bill of lading or a marine bill of lading under letters of credit as a transport document.
The question...
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,...
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...
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,...
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?
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...
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...
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...
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...
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...
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