X You have a shipment to send sea and want to find out what Telex Release means, how important plays an important role in international delivery?
x You want to know what is the advantage and disadvantage of Telex Release? Is it possible to edit like other bill of lading?
x The shippers often confuse Telex Release with Telex Express so I want to find out what is the difference between them?
To know what Telex Release is and how important is it, let's go to Proship.vn to find the answer in the content of the article below. At the same time, the stakeholders also grasped the advantages and disadvantages of Telex Release and what is different from Telex Express.
What is Telex Release, what role and effect?
Here, Proship will quickly answer the concept, role and validity of Telex Release:
What is Telex Release?
What is Telex Release? Telex Release is a form of delivery to the consignee (consignee) that shipper (shipper) does not need to send Original Bill to Consignee. This makes receiving goods faster and more convenient, especially when the aviation recipient requires the original bill.
In fact, Telex Release is operated by the shipping company (Forwarder) calling the dealer to release goods. Along with that, the unit will provide the "Surrender Bill" to the shipper. Email is currently a common means of communication used by shipping lines.
The role of Telex Release
Telex Release is used as a Surrender Bill in mandatory conditions to return the original bill to the publisher. But the export of Surrender Bill will have to pay a fee prescribed by the shipping company (the issuer).
To set up the Surrender Bill, first of all must return 3 original invoices and ask Telex Release to export and receive shipping vouchers.
When does Telex Release take effect?
Agents at the starting point will contact the agent at the destination port to:
- Confirm all paid fees;
- Confirm the main versions of the original bill of lading and goods may be released;
- Full name and contact information of the consignee;
- Full details of goods, including the number of containers, content, bill of lading and time and location.
Can Telex Release be repaired? When should I apply?
Join Proship Logistics to read the content below to know if Telex Release can be edited or not and any case should use the Telex Release bill:
Can Telex Release edit it?
Telex Release is issued by the shipping company only after receiving the original of the bill of lading from the sender. Therefore, all the details that have been confirmed by the sender. So, can Telex Release be adjusted?
In some cases, if the goods are on the road and have not arrived at the destination port, Telex Release may be changed by the sender, with the written permission of the customer. The sender will have to request adjustments from the shipping company's office and for a fee, they will proceed to adjust.
When the original bill was given to the shipping company, this would ensure that the shipper (shipper) signed to confirm these changes on the original bill of lading. The adjustment of shipping bills is a time -consuming and dedication process, as well as money.
Transport companies often prepare a bill of lading for senders to confirm the details mentioned in it. The careful check of the draft and approval before printing is necessary.
In case of applying Telex Release
In some cases, the use of Telex Release bill of lading is mandatory. Here are the cases where Telex Release uses:
- The receipt of the sender's office: If the address of the shipper is the office of the partner, the goods will be sent to their office abroad without having to include the original bill of lading.
- Vouchers have not been handled: is a common case when the shipper does not promptly prepare documents for the shipment. The goods have been transported to the destination but the voucher cannot be sent to the recipient.
- Some shippers or exporters use Telex Express instead of issuing the bill via Telex.
Evaluation and disadvantages of Telex Release Bill
So, what is the advantages and disadvantages of Telex Release? Telex Release with the advantages and disadvantages are shown as follows:
Advantages of Telex Release Bill
Goods will be shipped and received faster than conventional forms of transportation. Thanks to that, the next processes are faster and more time -saving.
At the same time, the accompanying vouchers are still as Surrender, which helps to supplement the contract. From there, proving the use of the unit's freight service. Such documents will be sufficient to prove the unit's operation is legal.
The shipper will still have the right to keep the goods when there is a notice to the consignee. Normal forms will not have this advantage.
Disadvantages of Telex Release Bill
The downside of this form is to lose extra cost. The oscillation fee is from 25 - 30 $/bill. This fee will be paid by the exporter when using Bill Surrender. With such a fee, the exporter can calculate the total cost he needs to pay when using this method.
The difference between Telex Release and Telex Express
What is Telex Release. However, between Telex Release and Telex Express are often confused with each other. Proship indicates the basic differences between Telex Release and Telex Express as follows:
Technical difference
Telex releases are only used in the case of a straight form of the base. Types of trading invoices, orders and shipping of sea goods are not in the form of straight bill.
Some lines allow Telex release based on agreement or bill of lading. It is based on the original bills that have been verified in the bill of lading.
Differences in the speed of release
Telex Release and Telex Express have faster release speed than conventional methods. If compared, Telex Express will have faster release speed than Telex Release. If you need to deliver the goods urgently, the recipient should use Telex Express.
Differences in payment
Telex Express is used to ensure payment in case there is no other bank -related document. Meanwhile, Telex Release focuses on distributing goods to the sender's office, so it is not particularly interested in payment.
What is Telex Release and the role, advantages and disadvantages and differences compared to Telex Express have been pointed out by Proship Logistics above. Contact 0909 344 247 for answers to all questions related to Telex Release and other specialized terms and advice on the best multimodal shipping services.
