> What e-B/L is > e-B/L at a Glance > e-B/L effectse-B/L effects
- Using an e-B/L can prevent the risks of forgery, alteration and loss of a B/L, reduce the cost of issuance, archiving and distributing, and resolve legal problems due to a delay of sending a B/L
- As paper documents are no longer needed, paperwork is reduced, and flexible links with information processing systems such as an SCM or ERP are expected. Ultimately trading practices will be fully digitalized resulting in dramatic increases in work efficiency.
e-B/L effects
- It is possible to transfer the title to goods in transit regardless of time and place.
- No need to endure the inconvenience and danger of having to get the goods delivered by means of documents other than B/L
- Reduced cost of keeping goods that arrived prior to acquisition of the B/L and the cost of insurance against risks
- It is possible to immediately request the delivery of the B/L regardless of time and place in case of resale
- If the carrier presents the B/L, there is no need to deliver goods based on a Letter of Guarantee, accordingly the risk of fraud or deceit can be avoided due to forgery and/or alteration.
