What Is Telex Release?
A Telex Release Allows the Carrier's Agent to Release the Cargo at One Port Even Though the Shipper Surrendered the Original Bill of Lading at a Different...
A telex release allows the carrier's agent to release the cargo at one port even though the shipper surrendered the original bill of lading at a different port. Some carriers require payment of all fees before the telex release is transmitted to the receiving agent.
What is the difference between telex release and bill of lading?
An original Bill of Lading is a paper bill of lading issued to a customer whereas a Telex Release is an electronic release issued in return for the surrender of an original Bill of Lading.
What does telex released mean?
A Telex release is the industry term for the release of cargo at one port when the original bill of lading has been surrendered at another. ... The shipper, or a forwarder, or an NVOCC may choose (for one reason or another) to surrender the bills of lading to the carrier's agent in a port other than the discharge port.
Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.
