Difference between telex release and express release | Telex Release vs surrender BL
TelexReleaseandExpressReleaseThesearetermsthatstillconfusesmanypeopleintheindustry..Theconfusionoccurswhenthesetermsarelooselyusedinsteadofusingitinthestrictsense..The definition ofthetwoterminologiesisasbelow:ATelexRelease issimplyamessagethatissentbytheshippinglineoragentatloadporttotheirofficeoragentatdischargeportadvisingthattheshipperorexporterhassurrenderedoneoralloftheoriginalbillsofladingthathavebeenissuedtothem,andthatthecargocanbereleasedtotheconsigneeshownonthebillofladingwithoutp...
Telex Release and Express ReleaseThese are terms that still confuses many people in the industry.. The confusion occurs when these terms are loosely used instead of using it in the strict sense..
The definition of the two terminologies is as below :
A Telex Release is simply a message that is sent by the shipping line or agent at load port to their office or agent at discharge port advising that the shipper or exporter has surrendered one or all of the original bills of lading that have been issued to them, and that the cargo can be released to the consignee shown on the bill of lading without presentation of any original bills of lading.. This usually is requested only if the consignee is a direct consignee (not a bank or To Order).. An Express Release is used in “express” situations such as : when the shipper and consignee are part of the same group and there are no negotiations required between the two either directly or via bank for release of the cargo the shipment...取得本站獨家住宿推薦 15%OFF 訂房優惠
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3 Types of Bills of Lading and Their Key Differences | Telex Release vs surrender BL
2013年6月6日 — In the case of Telex Release Bills of Lading, the original bills of lading are ... to inform them that the original bill of lading has been surrendered. Read More
Bill of Lading and Telex Release | Telex Release vs surrender BL
An original Bill of Lading is a paper bill of lading issued to a customer whereas a Telex Release is an electronic release issued in return for the surrender of an ... Read More
Difference between telex release and express release | Telex Release vs surrender BL
2017年3月1日 — In that case, once the Original bill of lading has been surrendered, a Telex Release will be issued.. If there is no Original bill and only an Express ... Read More
How can I obtain a telex release for a Bill of Lading? | Telex Release vs surrender BL
A freight carrier typically issues a telex release after all original copies of the bill of lading are surrendered. A telex release allows the carrier's agent to release ... Read More
Telex Release | Telex Release vs surrender BL
2020年12月28日 — In this case, company A can surrender the original bill of lading (along with the copies) to the shipping company and request it to issue a telex ... Read More
What is a Telex Release | Telex Release vs surrender BL
2019年5月19日 — A telex release is an electronic message transmitted from an agent or shipping line. This message signifies that the shipper has surrendered ... Read More
What is a Telex Release? | Telex Release vs surrender BL
We now have the Telex Release and Express Release. The significant difference lies in the fact that for a Telex Release, a physical OBL (Original Bill of Lading) is ... Read More
What Is A Telex Release? Meaning and Differences Between ... | Telex Release vs surrender BL
2020年4月17日 — When a bill of lading, normally the Original Bill of Lading, is surrendered at port, the carrier will send a release authorisation to the point of ... Read More
What is Original BL | Telex Release vs surrender BL
“Telex Release” means the same as “Surrender”. Why is Surrender B/L for? Nowadays, due to high speed of a ... Read More
What is the difference between a telex release and express ... | Telex Release vs surrender BL
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