Freight

What is a switch bill of lading?

Answer:

A switch bill of lading is a second set of bills of lading issued by the carrier or shipping agent to replace the original set. This is commonly done in international trade for various reasons, primarily to protect the interests of the seller, buyer, or intermediaries involved in the transaction. A switch bill of lading is a powerful tool in international trade, but it must be used carefully to ensure that all parties’ interests are protected and that the transaction remains compliant with international trade regulations.

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