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Articles On Export Documentation

Trade Advice
SBLC Standby Letter of Credit Meaning & The complete guide to its process

SBLC | Standby Letter of Credit | Meaning & The complete guide to its process

‘Standby Letter of Credit (SBLC) is a type of letter of credit (LC) where the issuing bank commits to pay to the beneficiary if the applicant fails to make the payment. Read More

Trade Advice
Surrender Bill of Lading (BL) Importance Process Example Format & more

Surrender Bill of Lading (BL) in shipping

Surrender BL is a legal document issued by the exporters to terminate their ownership over the sent goods and transfer it to the importer. When the importer has completed the payment of the goods, the exporter gives up his rights over the sent goods and cannot reclaim the ownership. Surrender BL is necessary for the transfer of ownership of goods. Read More

Trade Advice
House Bill of Lading Meaning, Format & more

House Bill of Lading | Meaning, Format & more

The House Bill of Lading is issued by a Non-Vessel Operating Common Carrier (NVOCC) or a freight forwarder to the supplier post receiving the cargo and inspecting it. The supplier delivers the shipment to the freight forwarder, who inspects the cargo and delivers it to the consignee. Read More

Trade Advice
Back to Back Letter of Credit

What is a Back to Back Letter of Credit?

When a transaction takes place between a buyer and a seller keeping an intermediary in the loop, the type of LC used in such cases is known as 'Back to Back letter of credit'. In this article get a complete understanding of what is a Back to Back LC, how it works with an example, its format, terms & conditions and associated risks. Read More

Trade Advice
Airway Bill (AWB)

What is an Airway Bill (AWB)?

An Airway Bill (AWB) is a document that consists of all the details about the goods that are transported via air cargo. Airway Bills are issued by a carrier or the agent representing the carrier and have details such as the shipment contents, the details of the supplier and the recipient, terms, and conditions under which the trade is to occur, and other vital information. Read More