Original Bills of Lading

Types:

1. Consigned to bank – OBL must be endorsed by the bank; if not, or if missing, a bond of indemnity is required. A cable-release may also be acceptable.

2. Consigned to order – OBL must be endorsed by the shipper; if not, or if missing, all 3 originals must be provided. If made to order of the bank, the OBL must be endorsed by the bank.

3. Consigned to client – Payment for the goods was made, or the parties are acting in good faith; original is required.

4. Consigned to forwarder with freight prepaid – Normally no action is required, and freight is collect to the consignee; if on file, surrender it

5. Express B/L – Some forwarders may not require the OBL.

Read the OBL carefully:

• Is payment of freight required?

• Does the amount of collect freight make sense?