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All-round interpretation of B/L knowledge

Basic knowledge and precautions

1. The bill of lading is usually 3 copies and 3 copies, and there are also 2 copies and 3 copies. If there is a requirement in the letter of credit, it must be specially explained to the freight forwarder. When the T/T payment method is used, in theory, only one original is needed (the other originals will automatically become invalid after the goods are picked up, and the copies cannot be picked up). After T/T receives the full payment, you can consider leaving one for yourself when sending the original to the customer. The original Zhang, and the rest are all sent to the customer (to prevent the bill of lading from being lost on the way).

2. The front of the bill of lading should show the carrier (full name). This is what I know and understand. In fact, when I was doing a letter of credit, the bank told me that the carrier was not shown on the bill of lading, and the bill was still securely presented (so theoretically it should be shown). If the carrier is displayed on the front, the lower right corner is directly stamped and signed by the carrier. If the carrier is not displayed on the front and the bill of lading is signed by the carrier, the identity of the signatory shall be indicated when signing the bill of lading. On the front there is a bill of lading that shows the carrier’s full name but is signed by the shipping line, which should indicate the identity of the shipping line when signed.

3. On-board bill of lading and ready-to-ship bill of lading:
Shipped Bill of Lading: A bill of lading issued after the goods are loaded on board.
Ready-to-ship bill of lading: When the goods are not loaded on board, it only represents the carrier to take over the goods delivered by the shipper, so the bill of lading cannot prove the loading time of the goods (the date of the ready-to-ship bill of lading is not the loading date). The on-board bill of lading can only be changed to the on-board bill of lading when it is stamped with “on-board” and the time of shipment is indicated.

4. The bill of lading cannot have unclean remarks.

5. The consignee and notifier of the bill of lading must be filled in strictly in accordance with the letter of credit.

6. Issuance, date and number of copies of the bill of lading: The bill of lading must be issued by the carrier or master or their agent and should clearly identify the issuer. The general representation methods are: CARRIER, CAPTAIN, or “AS AGENT FOR THE CARRIER: XXX”, etc.

7. If the name of the shipping company (carrier) is printed on the bill of lading, the freight forwarder will generally mark as agent for the carrier. If the name of the shipping company is not printed on the bill of lading, it must be signed with the seal of the shipping company (your ticket should be the shipping company bill of lading signed by the carrier).

8. Discrepancies between the letter of credit and the bill of lading: the carrier is not indicated on the bill of lading. After checking, the official explanation is as follows: In accordance with Article 23, paragraph 1, of the Uniform Customs and Practice for Documentary Credits, the ocean bill of lading must indicate the name of the carrier on the surface, and the carrier or the name of the carrier shall be named. Signed or otherwise certified by an agent or representative, or signed or otherwise certified by the master or a named agent or representative acting as the master.

9. The issuers of the bill of lading can be divided into: FREIGHT FORWARDER B/L refers to the bill of lading issued by a shipping company that is engaged in international cargo transportation, but does not own a ship. ORIGINAL BILL OF LADING, commonly known as sea list.

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