An airway bill is not a title by nature, however it can be prepared so that it can be treated as a title. An airway bill demonstrates that your shipment met the terms of the contract. In addition, an airway bill is a receipt provided by the carrier upon receipt of your shipment. Join Digital Exim’s export import training and know more about airways bill Once the AWB has been prepared to be treated as a title document, it can be used to transfer the goods to another party, not mentioned in the AWB. This can be accomplished by liaising with such a consignee by leveraging the airway bill. An airway bill can also be used under DP terms of payment if the airway bill acts as a document of title. The air waybill, as opposed to a bill of landing, is non-negotiable. As a non-negotiable document, the AWB is purely a transportation agreement, not a contract covering the value of the merchandise. What has been your experience with converting an Air Way Bill into a document of title? Did you like our article? Do share your feedback and experience. The above information is a part of Digital Exim online import export training course.
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