What Is A Telex Release? Meaning and Differences Between ... | Telex Release vs surrender BL
October28,2022DocumentationArchivesATelexReleaseisamessagesentbyacargoagentataportoforigintoaportatthefinaldestinationofashipment.ATelexReleasesignalsthattheshipperhassurrenderedthe BillofLading[1] thatwasissuedtothem.PurposeWhenundertakingashipment,you’lllikelyheartheterm“billoflading”.ABillofLadingisadocumentissuedbyaCarrier(somebodywhotransportsanddeliversgoods)toaShipper(someonewhosuppliesand/orownsthegoods–alsoknownasaConsignor),confirminggoodswerereceivedinanacceptableconditionandarere...
October 28, 2022 Documentation Archives
A Telex Release is a message sent by a cargo agent at a port of origin to a port at the final destination of a shipment. A Telex Release signals that the shipper has surrendered the Bill of Lading[1] that was issued to them.
PurposeWhen undertaking a shipment, you’ll likely hear the term “bill of lading”. A Bill of Lading is a document issued by a Carrier (somebody who transports and delivers goods) to a Shipper (someone who supplies and/or owns the goods – also known as a Consignor), confirming goods were received in an acceptable condition and are ready to be shipped. It is a highly important document, forming evidence of a contract between a seller and a buyer as well as the receipt of the goods purchased.[2]
When a bill of lading, normally the Original Bill of Lading, is surrendered at the port, the carrier will send a release authorisation to the point of origin. Doing this will secure the ...