Meaning Of Freight Collect And Freight Prepaid

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manjur
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Meaning Of Freight Collect And Freight Prepaid

Postby manjur » Sat Dec 08, 2012 8:03 pm

pls.clarify me what is meant by freight collect and freight prepaid
thanks
manjur

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picant
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in few words

Postby picant » Sat Dec 08, 2012 8:29 pm

Hi Pal,

in few words a transport document stamped with freight prepaid states that the cost of transportation has already paid and the receiver of the goods can get the same without paying the carrier(in effect the main freight costs are paid, some ancillary charges could be request at destination), in freight collect the goods will be delivered at destination by the carrier against payment of transport costs.
The goods will be or have be paid a part:
Other comments appreciated
Ciao

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Meaning of Freight collect and Prepaid

Postby Goody » Sun Dec 09, 2012 3:33 pm

Freight collect means the importer has to pay and prepaid means the seller has already paid. These notions on BOL should correlate with the Incoterms used also..

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Tanvir
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Frieght "Collect vs Prepaid"...

Postby Tanvir » Sun Dec 09, 2012 8:13 pm

Dear Manjur,
.
Freight Prepaid and Freight Collect are terms used to indicate whether the consignor (the sender of the freight) or the consignee (the receiver of the freight) has the primary liability to the carrier for the shipping charges.
.
I solicit your clemency in proceed if it is insignificant predicament.
.
Regards,
Tanvir, HBL-Bangladesh.


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