Air waybill is not a negotiable document, which is a non-negotiable document, as a result it does not represent title of the goods.
Consignee can collect the goods from the carrier by identity approval without the need of surrendering at least one original copy of the air waybill at the airport of destination.
Airport of destination is one of the key fields of an air waybill, along with airport of departure, as these are the first two points that banks control during document checks under letter of credit transactions.
Today I would like to explain you how to complete the airport of destination field correctly according to letter of credit rules.
Airport of destination is one of the key fields of an air waybill, along with airport of departure, as these are the first two points that banks control during document checks under letter of credit transactions.
Today I would like to explain you how to complete the airport of destination field correctly according to letter of credit rules.