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Order bill of lading ? used when the goods are being shipped before they're paid for. It is expressed as ?to order of? on the bill of lading often followed by the recipient's name. An order bill is considered a ?negotiable instrument,? which means that it acts as a substitute for money or as a promise to pay.

The carrier serves the bill of lading when they take control of the goods. This may change slightly in the case of an ocean carrier, which may use intermodal transport with a house bill of lading. There are no universal regulations that limit who issues a bill of lading or set out specific requirements.

A bill of lading is a document of title, a contract for the receipt of goods, and a negotiable instrument. On the other hand, the delivery order only facilitates the release of cargo by formally advising the carrier that all obligations have been settled and the appointed agent or consignee can now secure the cargo.

A bill of lading (also seen as B/L and BoL) is a document given to a shipper by the carrier that details the shipment and serves as a means of transferring the title of goods. The purpose of a bill of lading is to ensure that exporters receive payment and importers receive the merchandise they ordered.

Straight vs. to order bill of lading A straight bill of lading also falls under the non-negotiable bill of lading category. A to order bill of lading is issued when the goods have been purchased on credit and the shipment is being handled through a bank. A to order bill of lading is a negotiable bill of lading.

Therefore, if you have issued a negotiable bill of lading and the shippers request you to amend the name of the consignee and/or the place of delivery, they must return all the original documents to you, free of endorsement, before you agree to make any change.

May call for the records for verification of the particulars which are sought to be amended. He shall put up the file to the Assistant/Deputy Commissioner of the concerned Port/ICD/Air Cargo Complex, along with comments whether the conditions of section 149 of Customs Act, 1962 are fulfilled or not.