Bills of Lading Explained

A bill of lading is one of the most important documents in international commodity trade

It can serve as evidence that goods were received for shipment, a record of cargo details, and in some cases a document connected to delivery rights or title

In commodity review, the bill of lading should be compared with the contract, commercial invoice, certificate of origin, inspection documents, vessel details, cargo description, quantity, loading port, and destination

Inconsistencies do not always mean fraud, but they must be explained before the transaction advances.