Download Telex Release Gif
A telex release can be defined as a message that is usually sent by the agent or shipping line from the origin to the office at the custom what is a telex release?
Download Telex Release Gif. How does telex release work? A telex release is a release issued electronically in exchange for the original bill of lading. A telex release is, in essence, an electronic message transmitted from an agent or shipping line at the port of loading (pol) to the agent at the port of discharge (pod). Ideally, a telex release is quick and convenient, but issues with paperwork can cause delays and may it is not a replacement for a bill of lading.
The shipper has to give an expressed instruction to the shipping. Telex release bill of lading can be arranged with only the original bill of ladings, instead of seaway bills. A telex release is simply a message that is sent by the shipping line or agent at load port to their office or agent at discharge port advising that the shipper or exporter has surrendered one or all of the. Although this is still referred to as a telex release, today the.
Telex release, as the name suggests, is a telex message that the origin agent or shipping line sends to its counter part at the destination to release the cargo without production of the original bill of lading. Instead, a telex release is a convenient option for. In trade practice, a telex release is sought by the shipper or consignee only in the case of a straight bill of lading and not an order bill of lading. If a negotiable bill of lading has been issed in an international trade transaction, then importers have to present to the carrier's agents at the port of discharge one original copy of bill of lading in order to.
Bring along with shipper's chop for original bill of lading endorsement. The completed original telex release requisition form which must be signed by shipper with company stamp. This release authorization is called a telex release. The telex release is a virtual variant of the original bill of lading.