What Is a Negotiable Bill of Lading?

Fiata's negotiable intermodal bill of lading is a standard intermodal bill of lading developed by Fiata in 1970 for use by international agents as intermodal or multimodal transport operators. Fiata owns the copyright of the standard multimodal bill of lading, and it is strictly forbidden for private companies to copy it. Before ordinary members print or use this multimodal bill of lading, they must obtain approval from the Fiata Secretariat.

Fiata negotiable combined bill of lading

The contents of Fiata's negotiable combined bill of lading mainly include the following aspects: the name of the consignor, the name of the consignee, the address of the notifying party, the place of receipt, the shipping vessel, the port of loading, the port of discharge, the place of delivery, the sign of transportation and the number , Part number and type of packaging, product name, total weight, volume, freight amount, place of freight payment, place and date of issuance, cargo insurance, number of original bills of lading, contact person to deliver the goods.

Fiata negotiable combined bills of lading are different from ordinary combined bills of lading, in addition to their functions, they also have some special functions. For example, Fiata's negotiable intermodal bill of lading indicates that the international freight forwarder who issued the intermodal bill of lading must perform the contract of carriage, bear responsibility for delivery at the destination, and negligence or negligence of the carrier and third party it hires Be responsible for. It has the characteristics of both the freight forwarding contract and the combined bill of lading.

Unless stated as non-transferable, FIATA FBT is transferable and the bank accepts it as a documentary credit document. At the same time, it can also act as a sea bill of lading, and the international freight forwarder who issues the combined bill of lading bears the basic responsibility for the special drawing right per kilogram for the loss or damage of the goods. If it is possible to determine the sector in which the goods have been lost or damaged, their liability may be determined by reference to the applicable provisions of relevant international agreements or national law. International freight forwarders who issue intermodal bills of lading should be insured for their responsibilities. The international freight forwarder who issues the combined bill of lading should ensure that:

l. he or his agent has received the specific goods and has obtained the sole authorization to dispose of the goods;

2. The surface of the goods is in good condition;

3. The contents of the document are consistent with the instructions received;

4. Cargo insurance liability agreement has been reached;

5. One or more original multimodal bills of lading are issued.