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Unlike the standard version, which requires the physical handover of the document to transfer legal ownership, a surrender bill allows for the ownership rights to change hands through a telex release or electronic communication, often facilitated by a local bank or shipping agent.
The bill of lading (also known as a BOL, or B/L) is a legal agreement that covers the shipping of goods and products. This document is used by the shipper of the goods (consignor), the receiver of the goods (consignee), and the shipping carrier that actually transports the goods.
There are three original bills of lading because they are required by the carrier, the shipper, and the consignee.
The Excel Bill of Lading Form Template by WPSTemplate lets you create professional and compliant shipping documents using the familiar Microsoft Excel interface. This template can also be used with Google Sheets.
The common types include straight bill of lading, ocean bill of lading, order bill of lading, multimodal bill of lading, through bill of lading, master bill of lading, clean bill of lading, and release bill of lading.
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Typically, there are three bills of lading: one for the shipper, one for the consignee, and one for the banker, but there is no limit to the number of bills of lading issued. Additional bills of lading increase the risk of fraud, theft, or the unauthorized release of goods.
Straight Bill of Lading Template Available in Excel, Word, and PDF formats, this template provides space for shipment details, contact information for the shipper and consignee, and an entire section for fine print terms that you can complete on your own.
In this article, we will delve into the different types of BLs Original BL, Surrendered BL, and Sea-Way Bill to help you gain a comprehensive understanding of their characteristics and how they impact international trade transactions.

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