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Knowledge

Detailed explanation and similarities and differences of sea waybill, original bill of lading and telex bill of lading

AUTHOR: TIME:2023-02-23 15:40:51CLICK:70

There are three types of ocean bills of lading: Sea Waybil, OCEAN BILL OF LADING, and OCEAN BILL OF LADING TELEX SURRENDER.

▶ Sea waybill

A sea waybill, also known as a sea waybill or a sea waybill, is a document used by the carrier to indicate to the shipper or its agent that the goods have been received for loading. It is a non-negotiable document, that is, it does not have to be in the port of destination. The receipt is presented as a condition of receipt, and there is no need to wait for the receipt of the receipt. The shipowner or his agent can deliver the goods to the consignee on the basis of the notice of arrival of the goods received by the consignee or his identity certificate."

Among them [that is, it is not necessary to present the receipt at the port of destination as a condition of receipt, and it is not necessary to wait for the receipt of the receipt, and the shipowner or its agent can deliver the goods to the consignee based on the receipt of the receipt of the receipt or its identity certificate] The goods are released immediately, that is, the consignee can directly pick up the goods at the port of destination.

Features of sea waybill:

1. Simple and fast. (The goods can be released after the copy is down)

2. The risk to the consignee is small. Since the sea waybill is not a certificate of property and cannot be transferred, the consignee on the sea waybill must indicate in detail that no one other than the consignee can take delivery of the goods, even if a third party obtains it illegally. .

3. The risk to the carrier is high. Since the specific consignee is always known by the carrier and must be handed over to the consignee, the carrier must be extremely cautious and verify the exact identity of the consignee. You must take responsibility if you make a mistake.

4. The risk to the shipper is high. The sea waybill is a bill of lading on board. Once the sea waybill is confirmed to the shipowner, the consignee can directly pick up the goods as soon as the goods arrive at the port, and the shipper cannot control the goods.

5. The sea waybill does not guarantee the bank's creditor's rights. Since the sea waybill is not a proof of property right, the bank cannot obtain the right of control of the goods under the sea waybill, so it cannot be transferred in circulation.

▶ Original bill of lading

The original bill of lading refers to the "bill of lading" issued by the carrier or the person entrusted by it to pick up the goods from the carrier and claim the rights.

• If there are multiple original bills of lading issued, it should be stated in the issuance clause that when one of the original bills of lading is used to pick up the goods, the remaining original bills of lading become invalid.

• The original bill of lading is often marked with the word "original" in a prominent place on the bill of lading to show distinction.

• The original bill of lading must be marked with the word "Original", and the carrier must be officially signed and sealed on the bill of lading with the date of issuance.

The original bill of lading is generally in triplicate, and there are also two, four and five copies. If the shipper loses one of the bills of lading, he can pick up the goods with the other bills of lading. After one of the bills of lading is completed, the remaining copies are automatically invalidated. After the goods are loaded on the ship, they can exchange for the original bill of lading with the first officer's receipt. The import consignee or its agent shall, after receiving the "arrival notice", exchange the original bill of lading for the carrier or its agent to pick up the goods.

The so-called full set of bills of lading refers to all original bills of lading that have been signed. Generally, when the bank settles foreign exchange, or requires the carrier to change the port of discharge, or transfers the bill of lading, a full set of bills of lading is required.

▶ Telex bill of lading

"Tele-release" means that after the shipper (seller) applies to the shipping company and provides a letter of guarantee, the shipping company applies for and provides the letter of guarantee and telex to notify the agent at the port of destination. The consignee can use the seal of the consignee company. Telex bill of lading" fax or pick up the goods with ID. The so-called telex bill of lading refers to the bill of lading and copy of the bill of lading marked with "Surrendered" or "Telex Release" issued by the shipping company or its agent.

The basic application mode of telex bill of lading is:

1) After the shipping company receives the goods, the shipper (seller) applies to the shipping company for telex release and provides a letter of guarantee. After the shipping company accepts the application, the shipper will issue a "telex release bill of lading" to the shipper. "Tele-release bill of lading" will be issued later);

2) The shipping company then informs the shipping agent at the port of destination by telecommunication (including telegram, telex, etc.), allowing the consignee designated by the shipper to pick up the cargo with the identity or the faxed "Tele Bill of Lading" stamped by the shipper;

3) When the goods arrive at the port of destination, the consignee can pick up the goods from the shipping company by presenting the identity certificate or the stamped fax of the "Tele Bill of Lading".

▶ The similarities and differences between sea waybill and telex bill of lading

Same point:

1. The effect is basically the same. Sea waybills and telex bills of lading are both cargo receipts issued by the carrier, and both are proof of the transportation contract. They are produced to solve the problems of the goods and other bills, and provide convenience for the safety of the consignee and timely delivery of the goods.

2. The same head up. As neither the sea waybill nor the telex bill of lading can be circulated and transferred, it must be clearly indicated to the consignee.

3. None of the evidence is used by the consignee to pick up the goods. In both ways, the consignee picks up the goods with the bill of lading.

4. There is no guarantee for bank claims. Banks are unwilling to accept sea waybills and telex bills of lading, which makes it difficult for the seller to pay with L/C unless the buyer provides a guarantee or submits a deposit to the bank.

5. Compared with the original bill of lading, the sea waybill and telex bill of lading speed up the circulation of documents, which is convenient for the consignee to receive the goods.

difference:

1. The consequences of the carrier's wrong delivery of the goods. Under the way of sea waybill, the carrier must be liable for the wrong delivery of the goods. Under the telex bill of lading method, the carrier is irresponsible for wrong delivery, and of course the carrier must perform its due diligence.

2. Circulation. Although sea waybills cannot be endorsed and transferred, they are sometimes quasi-negotiable in concept. Of course, the shipper can change the name of the consignee, but not the destination. The telex bill of lading is generally not transferable.

3. The risks are different. Telex bills of lading have stronger cargo control capabilities and lower risks than sea waybills.

4. The scope of application is different. Telex bill of lading can be applied to any consignor and consignee, while sea waybills are generally issued only if the consignee and consignor are a company (subsidiary company or branch) or each other's agency relationship. , Mostly used between freight forwarding peers.

5. The cost is different. The sea waybill can be directly charged for the normal document fee, and the telex discharge fee is also required.