Consignee

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📖 Detailed Explanation

Consignee is a core term in international cargo transportation and trade documents, referring to the person or entity entitled to take delivery of the goods. In transport documents such as bills of lading, air waybills, and sea waybills, the Consignee field explicitly designates who should receive the goods upon arrival at the destination. Usage scenarios include: letter of credit settlement, telex release, sea waybills, air freight, etc. Notes: 1) Under letter of credit payment, the consignee is usually the issuing bank or the importer to ensure the bank controls the title to the goods; 2) If it is 'TO ORDER' or 'TO ORDER OF SHIPPER', endorsement is required for transfer; 3) The consignee must be distinguished from the Notify Party, which is only responsible for receiving arrival notices and does not necessarily have the right to take delivery; 4) Under a straight bill of lading, the consignee is non-transferable, while under an order bill of lading, it can be transferred by endorsement. In contrast to the 'Shipper', the consignee is a key link in the transfer of title to the goods, and errors in filling it out may lead to delays in taking delivery, extra costs, or even legal disputes.

📝 Examples

1. Please fill in the bill of lading consignee as 'ABC IMPORT CO., LTD' and the notify party as 'XYZ BANK'. (Note: In letter of credit settlement, the consignee is often the importer and the notify party is the bank, to facilitate control of the title to the goods.) 2. Because the customer requested telex release, the bill of lading consignee is shown as 'TO ORDER', and the shipper must endorse it before the goods can be taken delivery of. (Note: Under an order bill of lading, the consignee field is 'TO ORDER', and the shipper's endorsement is required to transfer the title to the goods.)

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