Telex Release Bill of Lading is done in a short time. It sends the bill of lading information to the port of destination through the form of electronic message or electronic information. The consignee, by telex release copies (stamped and release chapter), has the guarantee for a single delivery. Consignee then refers to the shipping company or its agent to issue a note of "telex release” (Surrendered, Telex Release) on the bill of lading.
A Telex Release is a message that is sent by the agent or shipping line from origin to their agent or office at destination to acknowledge that the shipper has surrendered the Original Bill of Lading that has been issued to them. This allows the cargo to be released to the consignee without having to physically present the Original Bill of Lading prior to release.
A Telex Release is done in the event that the Original Bill of Lading cannot be mailed to the destination in time for cargo release without the goods incurring storage charges, or it can be done to save on mailing costs after payment is secured from the buyer. The Telex Release received its name because in the past the release would have been sent via Telex instead of via email, which is common now.
The basic application mode is: For the collection of electronic bills of lading goods in the shipping company, the shipper (seller) is proposed to apply to the international shipping company and provide electronic guarantee. The consignee can rely on proof of identity or stamped "telex release" copy from the fax machine to collect the goods from the shipping company.