• Welcome to China Foreign Trade Agency!
  • HomeFAQsEntrepot trade
  • What key points should be paid attention to in the review of bills of lading for entrepot trade?

What key points should be paid attention to in the review of bills of lading for entrepot trade?

NO.20260816*****

Problem Analysis: *****, Solution: *****, Process and Cost: *****

Get the solution

Our company has recently been involved in entrepot trade business and is not very familiar with bill of lading review. I would like to ask you all what should be noted when reviewing bills of lading for entrepot trade. I'm worried that problems in bill of lading review may affect the smooth development of the business. I hope to get a detailed and practical answer. Thank you all!

Quick Consultation :

Professional consultant answers

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

Reviewing bills of lading for entrepot trade requires attention in many aspects. First, the basic information of the bill of lading must be accurate, including the names and addresses of the shipper, consignee, and notify party, etc., to ensure consistency with the trade contract. Second, the description of the goods should be clear and consistent with the actual goods. Details such as the name, quantity, weight, and packaging of the goods should not be wrong. Third, the header of the bill of lading is crucial. Whether it is a straight bill of lading, an open bill of lading, or an order bill of lading should be in accordance with the contract requirements. Then, pay attention to the date of issue of the bill of lading. It should conform to the time logic of the trade to avoid the situation of anti-dated or advanced bills of lading. In addition, the endorsement of the bill of lading cannot be ignored. Blank endorsement or special endorsement should meet the needs of property right transfer in the entrepot trade process. Finally, check the freight terms on the bill of lading. Whether the freight is prepaid or collect must be consistent with the agreement in the trade contract.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

When reviewing bills of lading for entrepot trade, pay attention to the shipping mark on the bill of lading, which should be consistent with the shipping mark on other documents (such as the packing list), so as to ensure the traceability of the goods.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

Pay attention to whether the bill of lading is clean. An unclean bill of lading may mean that there are problems with the goods, affecting subsequent delivery and the trade process.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Check the name of the ship and voyage information on the bill of lading to ensure they are consistent with the booking information. Otherwise, it may lead to errors in cargo transportation.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

Pay attention to the information about the loading and unloading ports on the bill of lading. It should be consistent with the trade contract and the actual transportation route to avoid problems such as wrong transportation direction.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Review the information related to the containers on the bill of lading. The container number, seal number, etc. should be accurate to prevent misusing containers during the transportation of goods.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

Check whether the format of the bill of lading is standard, such as whether there are necessary format elements like the signature and seal of the carrier or its agent.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

Pay attention to the provisions of the goods delivery terms in the bill of lading to ensure they meet the interests and operational requirements of all parties in the entrepot trade.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

Confirm the relevant information about cargo insurance on the bill of lading (if any) to see if it meets the insurance requirements in the trade contract.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

You may also like

How to deal with a reinvestigation of entrepot trade? Come and share your advice!

Our company is facing a reinvestigation of entrepot trade and doesn't know how to respond, worrying about severe consequences and required preparation materials. The best answer suggests staying calm, collecting and organizing trade documents, clarifying trade processes, actively cooperating with the investigation, consulting professionals, and preparing for unfavorable outcomes, emphasizing that proactive response and compliant handling are key.