Telex vs. Express BL: Key Differences and Functions
Tareq Mahmud
Assistant Manager SCM (Foreign)Samuda Chemical || Ex-ACI Ltd || Ex-MGI || Ex- Expo Group(Expolanka).
The terms Telex Bill of Lading (Telex BL) and Express Bill of Lading (Express BL) refer to different methods of releasing consignment. Here are the main differences between the two:
Telex Bill of Lading (Telex BL)
Express Bill of Lading (Express BL)
In summary, the primary difference lies in the procedure and document requirements. A Telex BL requires the surrender of the original document(BL) at the origin, whereas an Express BL allows for immediate release without the need for the original document (BL). Both methods aim to streamline the process of releasing cargo at the destination port.
Sales Manager at Shandong Minji New Material Technology Co.,Ltd
2 周it must be caution to use Express Bill of Loading, unless you get full payment before shipment.
Logistics Coordinator at icddr,b
2 周Good one !