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hi everyone in this video Ill be talking about what is a bill of lading what are the types of bill of lading and I will be also showing you samples of bill of lading firstly we will be looking at how a bill of lading works in international trade in this diagram we have the seller on the left and the buyer on the right both parties have entered into a sales and purchase contract for the sale and purchase of goods I have addressed the different methods of payment in international trade in a previous video in this channel the link to the video is down in the description box below once the contract is signed depending on the method of payment used the seller ships out the goods via the shipping agent [Music] the shipping agent will then issue two sets of documents this the original negotiable bill of ladings and non negotiable Bill of Lading non negotiable bill of lading is not signed whilst the original bill of lading is signed heres a sample of the negotiable Bill of Lading and the non
