dear all,
if i want to issue a bearer bill of lading without the involvement of any endorsement, what should i put in the consignee field. "to order" or "to the order of bearer"?
bearer bill of lading
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Ozoda
- Posts: 56
- Joined: Wed Mar 11, 2009 5:50 pm
"to order"
As per ISBP article 102 if the B/L issued "to order" it must be endorsed by the shipper.
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SHAMEER
- Posts: 50
- Joined: Sun Mar 01, 2009 9:38 pm
BEARER BILL OF LADING
It has same and equal effect.
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cristiand969
- Posts: 754
- Joined: Tue Aug 05, 2008 1:52 pm
- First Name: Cristian
- Last Name: D.
- Organization: Bank
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no endorsement
For a B/L without involving any endorsement you have to require a straight b/l namely (nonnegotiable sea waybill subject to art.21 of UCP)