Surrendered b/l意思
"Surrendered B/L" is an acronym often used in the context of international trade and shipping. It stands for "Surrendered Bill of Lading." A bill of lading (B/L) is a document that serves as a receipt for goods being shipped, evidence of the contract of carriage between a shipper and a carrier, and a document of title that allows the holder to claim the goods at the destination.
A surrendered bill of lading means that the original bill of lading has been returned to the party that issued it, typically the carrier or freight forwarder, after it has been used for its intended purpose. This can happen in several scenarios:
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Settlement of Payment: After the buyer has received and inspected the goods, they may surrender the original bill of lading to the bank as part of the payment process, allowing the bank to release the funds to the seller.
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Transfer of Ownership: If the goods are sold or transferred before they reach their final destination, the original bill of lading may be surrendered to the new owner or their representative.
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Release of Goods: Sometimes, the original bill of lading is surrendered to the carrier or port authorities upon the arrival of the goods, allowing them to be released without the need for the original document. This can be done if there are issues with the original holder not being present or if the goods need to be released urgently.
Surrendering the bill of lading is an important step in the shipping process, as it indicates that the document has fulfilled its purpose and is no longer needed. It also helps to prevent fraud, as the original document is no longer in circulation and cannot be used to claim the goods by someone other than the rightful owner.