Telex Release

Category: Documents

Also searched as: Telex Release

Definition (plain English)

An instruction allowing cargo release without presentation of an original paper bill of lading after the originals are surrendered or release is authorized.

Why it matters commercially

Release method affects payment control, document timing, consignee authority, and storage risk at destination.

Example

A buyer requested telex release only after the balance payment cleared and the supplier confirmed original BL surrender.

Common mistake

Approving telex release before payment, consignee details, and document-control requirements are settled.

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