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murteza
- Posts: 12
- Joined: Wed May 13, 2009 12:59 am
- First Name: Syed
- Last Name: Murtuza
- Organization: BSI
- Filter: Two Plus Two =: 4
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by murteza » Tue May 19, 2009 1:09 am
Dear All DC Experts,
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I Would like to hear your comments on why the Bank always require the AWB I.e Original for shipper why not it accept Original for Consignee or the carrier, as all of them are originals and have equal value. Secondly, Can a bank reject the AWB- If it is produce Original for Consignee I/O Shipper? if so on what grounds. Please reply based on the Assumption that the Bank calls for just Original AWB.
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Your expert comments will help me in updating my knowledge.
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Best regards
S.Murteza
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ldt5205
- Posts: 68
- Joined: Mon Mar 09, 2009 3:19 pm
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by ldt5205 » Tue May 19, 2009 10:22 am
The function differs between Originals for Consignee or the carrier and for shipper.The shipper has the right to change the name and address of the consignee up to the point of actual delivery of goods to the consignee.Holding the original for shipper or consignor ,banks can minimise any chance of misdirection of goods on the journey.
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Armagedo
- Posts: 35
- Joined: Mon May 19, 2008 6:36 pm
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by Armagedo » Tue May 19, 2009 1:11 pm
Fully agree with ldt5205.
If shipper has no original of AWB 'for shipper' there is minimum possibility to make change of route, consignee etc of the goods covered by such AWB.