Surrender B/L

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KHRATHA
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Joined: 12/05/2008
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Dear all

I have one question in mind that i would ask for your help.

That s: what is surrender B/l ? and what is its usage?

Thanks for your comment.

Khratha

[email protected]

tulsi's picture
tulsi
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Joined: 04/09/2008
BL Surrender and Benifits

If the shipper is dispatching the original B/L, the courier will reach to the consignee after 2-3 days only. So the consignee will request to  the shipper to surrender the original B/L to the shipping company at the point of origin / the same shipping company where he has collected the original B/L.     

   

The shipping company will transmit the msg to their counterpart at the port of discharge “as the shipper has surrendered the original B/L and issue DO without original B/L”, after collection of original B/L by the shipping company.

  

Mostly Shipper will agree B/L surrender, if the shipper received the payment in advance. But some cases, L/C accepted this clause “ telex release msg acceptable in lieu of original B/L” . But not common because of risk.

  

Contact : [email protected]      or    [email protected]       

    

Regards

Tulsi /Dubai  

smmujeeb
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Joined: 07/29/2008
Surrender B/L

Surrender B/L means applicant has to surrender original b/l to carrier.

For more info, plz go thru the below link

http://www.letterofcreditforum.com/node/134

Regards!!!!

Mujeeb :-) 

pan
Offline
Joined: 09/13/2007
Surrender Bill of lading

Hi Friend,

search my previous post Surrender Bill of Lading dated Dec 10, 2007 with 17 comments. If it is not enough please let us know.

Ciao

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