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The Implementation Guide for Bill Lading Form

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Guide of Bill Lading Form

hi everyone in this video I'll be.talking about what is a bill of lading.what are the types of bill of lading and.I will be also showing you samples of.bill of lading firstly we will be.looking at how a bill of lading works in.international trade in this diagram we.have the seller on the left and the.buyer on the right both parties have.entered into a sales and purchase.contract for the sale and purchase of.goods I have addressed the different.methods of payment in international.trade in a previous video in this.channel the link to the video is down in.the description box below once the.contract is signed depending on the.method of payment used the seller ships.out the goods via the shipping agent.[Music].the shipping agent will then issue two.sets of documents this the original.negotiable bill of ladings.and non negotiable Bill of Lading non.negotiable bill of lading is not signed.whilst the original bill of lading is.signed here's a sample of the negotiable.Bill of Lading and the non negotiable.Bill of Lading so what is a Bill of.Lading.according to 1907 House buri laws of.England a bill of lading is a document.signed by the ship owner or by the.master or other agent of the ship owner.which takes a certain specified goods.have been shipped in a particular ship.which purports to set up the terms on.which the goods have been - and received.by the ship after the signature it is.handed to the shipper who may either.retain it or transfer it to the other.person the seller forwards the shipping.documents and bill of lading to the.buyer the buyer forwarded the BL to the.shipping agent which issues the delivery.order to the port for the release of the.goods the shipping agent handed the.ghost over to the buyer next we will.look at the function of the bill of.lading the bill of lading acts as a.receipt for goods the seller has passed.on valuable goods to the shipping agent.the bill of lading acts as a form of.receipt that the shipping agent received.the goods as you can see in this.document over here this is the container.of goods specified on the bill of lading.the second function is the bill of.lading is a evidence of contract of.carriage.the bill of lading is a contract between.a shipper and the carrier it outlines.the shipping method and terms for.transporting the goods from origin to.his destination as per the terms of a.sales contract signed between the buyer.and the seller as you can see in this.bill of lading this particular red box.highlighted is the evidence of contract.of carriage from the part of loading in.Port Klang to the port of destination in.the felixstowe the bill of lading is.also a document of title to the goods in.order for the name consign II to take.delivery of the goods he must surrender.at least one original bill of lading to.the shipping agent at the end important.point to note is that when a bill of.lading is issued it is issued normally.in three original copies so why is that.three original bills of lading copies is.being issued this is because in those.days the mailing system was not so.reliable so they sent the first copy.over and kept the two other copies in.case the first original did not arrive.as you can see in this example of a bill.of lading this indicates that this bill.of lading is the document of title to.the goods by mentioning that one.original bill of lading must be.surrendered duly endorsed in exchange.for the goods of delivery order so we.talked about the three functions of a.bill of lading receipt for goods.contract of carriage and document of.title to the goods so who are the.parties involved in the bill of lading I.would like you to pause here and.download a sample copy of the bill of.lading in the link in the description.box below now one of the parties.involved in the bill of lading is the.carrier and as I said and as you can see.a provider you assemble copy of a bill.of lading which.indicate the respective parties in the.Bill of Lading another party is the.shipper the shipper.is the party that surrenders the goods.to the shipping agent consigning.the party that is supposed to receive.the goods notify party now this is a.party who receives notification of a.shipments arrival and he was addressed.appears on the shipping document named.agent a licensed agent in a port who.transects the ship's business such as.insurance or documentation for the owner.carrier master also known as the captain.of the ship now we will look at to whom.the bill of lading can be consigned to.to order a shipper to order to order.bank to order of importance to importer.now let us look at the bill of lading in.your LC transaction involving C.transpose the UCP 600 outlines the.following types of C transport the first.is bill of lading pot to pot shipment.article 20 of UCP 600 number to.transport document covering at least two.different modes of transport also known.as multimodal transport under article 19.of UCP 600 the third is non-negotiable.Seaway bill covered under article 21 of.UCP 600 number for charter party bill of.lading covered under article 22 of UCP.600 he now let us look at an old sample.of what a sea transport document used to.look like now let us look at an old.sample of.see transfer document as you can see in.this slide under Bill of Lading which is.also known as pot to pot shipment well.when trade first started it used to be.pot to pot shipment a single mode of.transport that uses sea freight from the.pot of loading to the part of.destination in those days they used to.call the Bill of Lading as marine Bill.of Lading also known as ocean bill of.lading whereby the carrier's.responsibility begins at the part of.loading and ends at the part of.discharge now we look at this diagram.goods are transported from a port in.Southeast Asia to a port in India.now let us look at a sample of a bill of.lading now you can download this sample.of a bill of lading in the link below as.you can see in this bill of lading the.PATA receipt and the part of destination.is clearly specified multimodal.transport shipment means combined motor.transport including sea freight in.and/or air freight transportation from.the port of destination to the final.place of delivery if we look at this.diagram as time goes by and it's not.just six develop the buyer wants the.goods to be transported to an inland.place by truck so the goods will have to.be shipped from port to port.[Music].and subsequently taken to the final.destination by truck so this is how the.terminology multimodal or combined.transport came about as you can see in.this slide over here.I provided a sample of multimodal.transport document which you can also.download this sample in the link below.the multimodal transport is identified.in the red box whereby it states that.the goods are shipped from Taiwan to.Dubai by sea and then by air freight to.Zurich so let us take a look at.non-negotiable Seaway bill it's an.unique document use in shipment whereby.it is not a document of title of the.goods in the case of a bill of lading in.order for the consigning to get the.goods it must surrender at least one.original bill of lading only used in.order to get the goods whereas a Seaway.bill is not a document of title to the.goods delivery under Assyria bill is a.pawn identification and there is no need.to present any original document as you.can see on the right hand side this is a.sample of a non negotiable Seaway bill.and you can download this sample in the.link below next we'll be looking at.charter party bill of lading in a.shipment of commodities for example palm.oil the shipper would need to charter an.entire tanker to ship out the goods the.shipper would then enter into an.agreement with a ship owner called the.charter party the bill of lading issued.under these circumstances is known as a.charter party Bill of Lading.as you can see on the right hand side I.provided you with a sample of a charter.party bill of lading.now now you can download a sample of.this charter party bill of lading in the.description box in the link below in.conclusion we've talked about what is a.bill of lading.the types of bill of lading and these.samples of bill of lading please leave a.comment in the comment box below.which part of this video that you find.valuable and what are the further.questions you have on bills of lading.remember click subscribe to this channel.if you like to receive any further.updates on videos on international trade.

How to generate an electronic signature for the Bill Lading Form online

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How to create an electronic signature for the Bill Lading Form in Chrome

Chrome is probably the most liked browser lately, and it's no wonder. It has all the features, integrations and extensions you can call for. It's extremely useful to have all the tools you use available, due to the browser extensions.

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How to create an electronic signature for the Bill Lading Form in Gmail?

Email is the important way to hand over documents lately, and going paperless has a lot of edges, speed being the main one. You can sign a document and have your partner receive it quickly.

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How to create an e-signature for the Bill Lading Form straight from your smartphone?

Smartphones and tablets are so evolved lately, that you can deploying them for anything what you can do on your laptop and PC. That's why more and more people are operate business from these mobile devices, saving even more time.

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How to create an e-signature for the Bill Lading Form on iOS?

Creating an electronic signature on a device with iOS system is not at all tough. You can sign the Bill Lading Form on your iPhone or iPad, using a PDF file. You will Hit on the application CocoSign has created especially for iOS users. Just go to use CocoSign.

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How to create an electronic signature for the Bill Lading Form on Android?

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Bill Lading Form FAQs

Here are the answers to some common inquiries regarding Bill Lading Form . Let us know if you have any other confusion.

Need help? Contact support

What tax forms do you fill out to bill as a consultancy?

You will report your gross earnings and itemized expenses on schedule C of your federal form 1040. Your net earnings will be subject to not only income tax depending on your bracket but also self employment tax.

Do military members have to pay any fee for leave or fiancee forms?

First off there are no fees for leaves or requests for leave in any branch of the United States military. Second there is no such thing as a fiancée form in the U.S. military. There is however a form for applying for a fiancée visa (K-1 Visa)that is available from the Immigration and Customs Service (Fiancé(e) Visas ) which would be processed by the U.S. State Department at a U.S. Consulate or Embassy overseas. However these fiancée visas are for foreigners wishing to enter the United States for the purpose of marriage and are valid for 90 days. They have nothing to do with the military and are Continue Reading

How do I send a legal notice to a mover packer company?

You can send them the first legal notice by an email from your end writing your disputed matter and request them to compensate and try to settle. If they won’t agree and misbehaved or being rude to you or didn’t respond to your mail within one week then register your complaint against them in a consumer forum and from thereafter registering your complaint a legal notice will be issued in that name of that xyz** packers and movers.

How can I fill out Google's intern host matching form to optimize my chances of receiving a match?

I was selected for a summer internship 2016. I tried to be very open while filling the preference form: I choose many products as my favorite products and I said I'm open about the team I want to join. I even was very open in the location and start date to get host matching interviews (I negotiated the start date in the interview until both me and my host were happy.) You could ask your recruiter to review your form (there are very cool and could help you a lot since they have a bigger experience). Do a search on the potential team. Before the interviews, try to find smart question that you are Continue Reading

How do I fill out the form of DU CIC? I couldn't find the link to fill out the form.

Just register on the admission portal and during registration you will get an option for the entrance based course. Just register there. There is no separate form for DU CIC.

How do you know if you need to fill out a 1099 form?

It can also be that he used the wrong form and will still be deducting taxes as he should be. Using the wrong form and doing the right thing isnt exactly a federal offense

How can I make it easier for users to fill out a form on mobile apps?

Make it fast. Ask them as few questions as possible (don't collect unnecessary information) and pre-populate as many fields as possible. Don't ask offputting questions where the respondent might have to enter sensitive personal information. If some users see you collecting sensitive information, they might not be ready to share that with you yet based on what you are offering, and they will think twice about completing the form.

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