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Original HBL Vs HBL Seawaybill as negotiable instrument
Posted: Wed Jun 14, 2017 1:34 pm
by shaplabari
Can anybody please suggest that In order to cargo release at destination, can we issue HBL as SEAWAYBILL without BANK instead of bank consigned original B/L?
shipment is Export EX-Bangladesh.
Coll URC 522
Posted: Fri Jun 23, 2017 10:19 am
by picant
Hi Pal,
by consigning a bill of lading to a bank, collecting bank, you assume that the goods will be taken up, only if the buyer paid or undertale to pay. It may happens also if the bill of lading is negotiable and all the originals have been sent to the collecting bank.
By seawaybill the carrier will deliver the goods to consignee, directly, so you will not aware about the payment or of the undertaking.
So it depends on the situation, kmowledge of drawee, if it is possible in your Country, etc.
Other comments appreciated
Ciao