Shipping Documents Cheat Sheet

For those starting out or perhaps looking to refresh their memory, check out these simplified descriptions of key documents used in shipping.

If you find it interesting, grab a copy for later use.

In it you will find:

Air Waybill

Serves as a shipping label for air cargo, specifying destination and other details.

Key Points:

1. Identifies Consignor and Consignee: Lists sender and recipient.
2. Non-transferable: Cannot be used to transfer ownership.
3. Flight Information: Includes details like the flight route and number.

Arrival Notice

Informs the recipient that a shipment has arrived at its destination port.

Key Points:

1. Timing: Indicates when the goods will be available for pickup or delivery.
2. Required Actions: Spells out what the consignee must do for customs clearance.
3. Port of Arrival: Specifies the exact location for receiving goods.

Bank Guarantee

A financial instrument that ensures payment or performance under a contract.

Key Points:

1. Buyer-Seller Security: Provides assurance of payment or performance.
2. Issued by Banks: Ensures credibility and financial integrity.
3. Specific Conditions: Triggered upon meeting defined conditions in the contract.

Bill of Entry

Used for customs clearance and documentation for imports.

Key Points:

1. Legal Requirement: Necessary for importing goods into a country.
2. Detailed Information: Includes tariff classifications, value, and quantity of goods.
3. Duty Assessment: Helps customs determine applicable duties and taxes.

And much more!