Surrender of Bill of Lading Some facts Posted on 08 April 2023 Category : Bill of Lading The information provided here is part of Export import business Course online How to surrender Original Bill of Lading? Procedures to surrender Bill of Lading What does the term ‘surrender of Bill of lading’ mean? How to surrender original BL? Why is there no original bill of lading along with import shipping documents? What is the advantage of surrendering original bill of lading? If a shipment is not under the terms ‘Documents against Payments’ or under Letter of credit, most of shippers do not send original bill of lading to buyer but surrender original bill of lading after releasing with carrier. Surrendering procedures of bill of lading simplifies the mechanism of transportation procedures. Once after completion of export customs formalities, the shipper hands over cargo to carrier to move final destination. After receiving cargo by carrier, bill of lading is released after collecting necessary charges if any from shipper. If the shipper wants to surrender original bill of lading, he can submit all originals with a request letter to the carrier of goods with necessary OBL surrender charges if any. Once after receiving original Bills of lading which carries normally three originals but in some cases five, the carrier arranges to send a message to his counter part at destination port stating that OBL surrendered at origin port and the consignee may not be insisted to produce original bill of lading at the time of delivery of cargo. So the carrier at load port advises his office at destination port to release goods to consignee without original bill of lading. A copy of such message is sent to the shipper also as a proof of surrendering OBL. Shipper in turn, sends across the said release message copy to his buyer for smooth delivery of goods without insisting for Original Bill of Lading. The consignee at destination port takes delivery of goods by obtaining delivery order from carrier after verifying the identity of consignee. Also read - Can bill of Lading be surrendered at port of loading? Can Bill of Lading be surrendered on LC terms? Can Original Bill of lading be surrendered under DP terms of payment? Can Original Bill of lading be surrendered under LC at sight? Have you satisfied with this article about ‘surrender of original bill of lading’? Would you like to share your experience about surrender of original bill of lading under sea shipments of imports and exports? The above information is a part of Online international business guide course When can an exporter get bill of lading from shipping company? 3 Reasons under Importance of bill of lading in international trade Different types of Bill of Lading Is Received for shipment Bill of Lading sufficient for LC negotiation? What is said to contain in Bill of Lading. Can shipping line predate Bill of Lading,What is the earliest date can be mentioned on Bill of Lading Can a Bill of Lading (BL) be predated for LC negotiation? Surrender of Bill of Lading Some facts Amendment of shipper details in Bill of Lading How to avoid delay in receiving OBL Original Bill of Lading? Can a Bill of Lading be consigned to a customs broker? Write below your comments about surrender of original bill of lading. STALE BILL OF LADING What does it mean? Difference between Clean On Board Bill of Lading and Shipped On Board Bill of Lading. Can Original Bill of lading be surrendered under DP terms of payment Can Original Bill of lading be surrendered under LC at sight Can Bill of Lading be surrendered on LC terms How to obtain a duplicate BL, if original bill of lading lost? Can a Bill of Lading be consigned to a customs broker? Can I get bill of lading before loading cargo Can two consignments meant for one buyer be shipped together under one Bill of Lading? 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Can Bill of Lading be surrendered at port of loading? Transferability of Bill of Lading What is charter party bill of lading ? How transshipment bill of lading works? What is Combined Bill of Lading / Multi model Bill of Lading Unclean Bill of Lading/Claused bill of lading/foul bill of lading/Dirty Bill of Lading What is Clean on board Bill of Lading? Is received for shipment Bill of Lading sufficient for LC negotiation? Different types of Bill of Lading 3 Reasons under Importance of bill of lading in international trade When can an exporter get bill of lading from shipping company? Other posts about Import Export online tutorial Can an importer take delivery of goods without original bill of lading? What is Shipper Load, stow and count in Bill of Lading What is Cargo Arrival Notice (CAN) Delay in sending OBL / Telex release /OBL Surrender message What is Black list certificate from Shipping Line How to get Export Orders? How to settle dispute in Exports and Imports? Click here to know India Trade Classification(ITC) Pre shipment bank finance to suppliers for exports through other agencies Types of export containers Measurement of export containers Export Import Policy of India 2015-20 MEIS, Merchandise Exports from India Scheme SEIS, Service Exports from India Scheme Merge your Commercial Invoice and Packing List for all your future exports Export procedures and documentation Who gets benefits from this website? Who is a ‘Manufacturer’ of excisable goods Who is a prime banker to check authenticity of letter of credit? Who is Stevedores Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods? Why demurrage/detention waiver period is required at destination for import Transferability of Bill of Lading Why do carriers balance weight and volume while charging freight amount in Exports? How does CENVAT Credit work? Why, best attention while preparing Export Invoice? Is Letter of Credit LC safe for an Importer? Is ON BOARD CERTIFICATE required for LC negotiation Comments Josh: On 29 August 2014 Nice clear informative explanation. amitabh: On 29 October 2014 Can OBL will be surrender at the port of loading while OBL consign to Buyer Bank. Johng162: On 15 February 2015 I do accept as true with all of the concepts you have offered in your post. They're really convincing and will definitely work. Still, the posts are very brief for beginners. May you please extend them a little from next time? Thanks for the post. edkkdbfdaagd Johnb837: On 15 February 2015 Somebody necessarily lend a hand to make significantly posts I might state. This is the very first time I frequented your website page and thus far? I surprised with the analysis you made to make this actual publish incredible. Magnificent job! dgdddeecfged Sudarsan Sahoo: On 16 February 2015 Situation is like this: Consignee received Original B/L from Bank after payment to Supplier.Now Original B/L is lost at consignee or CHA end before taking Delivery Order. What is the procedure to get the shipment cleared from shipping line? rajesh: On 16 February 2015 I have a question regarding getting import export data.Central excise publishes daily list of import export data but excluding importer or exporter party name.Where can I get import export shipment data along with indian party names?As several websites providing data at high price, it should be available somewhere. Admin: On 16 February 2015 Sudarsan Sahoo, You may contact carrier to resolve this issue of lost of BIll of Lading. Muhammad Akram Zaki: On 09 August 2015 Why shipper surrenders OBL? what are the reasons? Is cost or Time are the factors or something else.Is shipper satisfies to surrender release OBL to country like Pakistan under DA/Usance shipment and can take the risk of non payment specially on Open Account Transaction where documents are directly received from the supplier to the buyer without the involvement of bank of the buyer country Thanks TBS: On 14 September 2015 After vessel has arrived destination, can I surrender OBL at loadport ? Peter: On 06 November 2015 Are there any countries which require all original (3 if 3 were issued) B/Ls to be surrendered in order to clear goods? Melly: On 04 January 2016 Thank you for your post. It is very useful to me. RK POOJARY: On 13 August 2019 Can one surrender the bill of lading consigned to “TO ORDER” ?. Curtis r Chavarria: On 16 November 2020 Hello I was a tourist in Israel and I paid taxes to the tax board for bringing my motorcycle they told me if I evacuated the motorcycle I would get my taxes back the shipper failed to detail this in the export documents the tax board said that they would not give it back to me that was one problem the second problem is the shipper told me that the cost of the export would be $600 but then I received a bill of $2400 what kind of lawyer can I see. Can you be here in the United States or do I have to go to an Israeli lawyer Sangit Raj: On 24 January 2022 can shipper surrender the b/l which is consigned TO ORDER OF BANK stanley: On 16 June 2022 Please I need your assistance on a shipment under LC. According to the carrier, OBL is stocked somewhere owing to Lockdown and cargo needs to be released at destination port. Now could you explain to me if cargo can be released with delivery order and if the 3 sets of OBL can be surrendered at load port after the lockdown.