Bill of Lading Key to Global Trade Transactions

Bill of Lading Key to Global Trade Transactions

The original bill of lading is a crucial document of title in international trade, issued by the shipping company to evidence the contract of carriage and ownership of goods at sea. The holder of the original bill of lading has control over the goods. While telex release bills of lading offer a slightly different functionality, a correct understanding and proper use of the original bill of lading is essential to protect the interests of both trading parties. It serves as a receipt for the goods, a contract of carriage, and a document of title.

AFG Banks SWIFT Code Key for Global Transactions

AFG Banks SWIFT Code Key for Global Transactions

This article introduces the SWIFT/BIC code of AFG Bank (AFGGGALXXXX) and its significance. It emphasizes the necessity of ensuring that funds for cross-border transfers are credited correctly. The article also provides information about the bank's address and suggestions for verifying the SWIFT code to avoid potential issues in transactions.