What is Express Release Bill of Lading

 The information provided here is part of Import Export Training course online

 

What is Express Release Bill of Lading?

 

Express release BL – What is Express Release Bill of Lading? When does Express release bill of Lading release? Has Express Release Bill of Lading the same value of regular Bill of Lading? Can Express Release Bill of Lading be transferred? Is Express release Bill of Lading used under Letter of Credit transactions? Can goods under Express release Bill of Lading be transferred to another consignee?What is Express Release Bill of Lading

 

These are some of the common doubts among traders about Express Release Bill of Lading.

 

You can advise your carrier to issue an “Express Release Bill of Lading”. Means, once after completion of customs clearance, your appointed customs broker can send Bill of lading instructions to the shipping company (carrier) and he issues one copy of Bill of Lading to you and in turn to their counterpart in final destination. Means, an electronic data copy of ‘express bill of lading’ is sufficient for the carrier in final destination to release the cargo to final consignee mentioned in the Bill of Lading. After import custom clearance at destination your buyer approaches the carrier to deliver the cargo to him. The carrier, after verifying the necessary identity, delivers cargo to your buyer

 

Can Express Release Bill of Lading be transferred?

 

Since Express Release bill of Lading can not be transferred to another party.

 

Is Express release Bill of Lading used under Letter of Credit transactions?

 

Normally, express release Bill of Lading is not used under Letter of Credit, as it does not function as document of title.

 

Can goods under Express release Bill of Lading be transferred to another consignee?

 

Since Express Release Bill of Lading is not a document of title, the goods consigned under express release bill of lading can not be transferred to another buyer.

 

Also read - OBL not released OBL not surrendered no telex release      Is Seaway bill a document of title? What is Seaway bill.

 

Do you wish to add more information about Express Release Bill of Lading? Share your experience in handling Express Release Bill of Lading.

 

Write below your thoughts about Express release Bill of Lading.

 

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The above information is a part of Online Training Course on howtoexportimport


What is Express Release Bill of Lading

OBL not released OBL not surrendered no telex release

Delay in sending OBL / Telex release /OBL Surrender message

What is Late BL release charges

Difference between Bank Release Order and Bank Delivery Order

Terms used in freight forwarding such as freight forwarder,freight release,freight prepaid, freight, foreign trade zone,fumigation

Terms used in international trade business such as Release note,Remitting bank,Revenue ton,Revolving letter of credit ,Road consignment note

 

Other details on how to import export 

What is Said to weigh in Bill of Lading
OBL not released OBL not surrendered no telex release
How Bill of Lading works in DP (DAP) shipments
Difference between MBL and HBL. How MBL works and How HBL works
What is Surrender of Bill of Lading
Consequences of wrong declaration of weight
How to start Export Business?
How to get Export Orders?
What are the risks and solutions in Export Business?
Click here to know India Trade Classification(ITC)
Service Tax - Click here to read complete notification under Budget 2014
What is Bank post shipment credit to exporters?
Types of export containers
Measurement of export containers
Exim Policy of India 2015-2020
MEIS, Merchandise Exports from India Scheme
SEIS, Service Exports from India Scheme
Merge your Commercial Invoice and Packing List for all your future exports 

 


Comments


Amar Shinde : We are mechant exporter, we want some advice, We are export from thailand to mauritius switch B/L condtion,but we are stuck for certificate orign how to issue mauritius my supplier, can you issue new certificate of origin in india .secondly Thailand suppler says pls gives me detial of consinee & Notify party. Pls advice me, we are awating your reply

M. Ashraf: I need to know that how much time (Days OR Hours) can take by Shipping Line to prepare Bill of Lading and then handed over to Exporter who may later submit the same along with their following Shipping Documents to negotiating bank, after doing work on it negotiating bank despatch the same to consignee (buyers): 1) Invoice 2) Packing List 3) Bill of Lading 3 Nos. / AWB 4) Origin Certificate (if required) 5) Form 7 (if required) 6) Analysis Certificate (if required) 7) COC – Certificate of Compliance (if required) 8) Signed Draft 9) LC / Contract Copy (if required) 10) Shipment Advice

Admin: Hell M.Asharaf, Once after completion of export customs clearance formalities, you can approach carrier to issue Bill of Lading with proof of such completion of export customs clearance procedures. Normally, Shipping lines issues Bill of Lading within an hour if urgently required by shipper.

Nayan: Plaese let me know the process of de-bonding for manufacturing aerospace parts in SEZ unit. My doubt is on the value considration , either i have consider inly raw materils which was brought through duty free basis or i have inculde the production process for value calculation.

ROHITASH SHARMA: Send to all information provided Export and import

DHARMENDRA PATEL: in express bill signature require or not bank not excepted without sign

amb: I have been reading your blogs and articles on your website and I have found them to be very informative and helpful. I am indenting agent and I have broker a deal for which I would like to have information on the subjected situation. I have given My client (importer) scan copies of shipment documents that I received it from the supplier (exporter).However as per supplier they are unable to get original BL copy from shipping line because of which they have not send hard copies of shipment documents to my clients. It would be very helpful if you can spare your precious time and advice me in getting a solution and steps that I Should take.Shipment has arrived just before 2 days at destination port.

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