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Bill of Lading Endorsement


The Bill of Lading Endorsement is a kind of financing where part of the original bills of lading entitled to ABC under the L/C are sent directly to customers and such bills of lading are presented to ABC for endorsement if the documents under the L/C have not been received while the goods have arrived at the port of destination.


This service enables customers to take delivery of goods on a timely basis without the need for ballast, minimizing the warehousing costs due to deferred delivery of goods at port and avoiding losses caused by the changes in market conditions and the quality of goods. It also enables customers to reduce the locking of funds and improve cash flow.


1. The customer submits the Application for Bill of Lading Endorsement, the copies of the invoices, part of the original bill of lading, the notice of readiness sent by the carrier or other evidences that prove the arrivals of the goods.

2. The customer provides the security for payment such as guarantees as required by ABC.

3. After examination, ABC issues one endorsed original bill of lading to the customer for taking delivery of goods from the carrier.


1. In order to endorse the bill of lading, the following conditions must be satisfied: (a) the trade is inshore trade; (b) the port of destination is a port in China; and (c) the payment is made through a letter of credit which shall require part of the original loaded bills of lading entitled to the issuing bank while the issuing bank shall be ABC.

2. In the case of discrepancies between the original bill of lading received and the documents submitted by customers for application of endorsement, ABC will refuse to make payment before accepting the documents presented after the relevant situation is verified.

Note: Please contact your local branch for detailed information about the service.

Customer Service Center : 95599


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