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International Trade vocabulary · Trade Documents

Telex release

Meaning in international trade, with examples

nounCommon term

In international trade, telex release means: An instruction from the shipping line to its office at destination to deliver the cargo without original bills of lading, because the originals were surrendered at the port of loading.

In Turkish: telex release, orijinal konşimentosuz teslim talimatı

How it is used

Used to save time and courier costs when no bank is involved in the payment. The shipper usually requests it after receiving payment. The name is historical; today the message is sent electronically. A similar option is the sea waybill or express release.

Example sentences

  1. We received the balance, so please arrange a telex release for the Hamburg container.

  2. The telex release was done, and the consignee picked up the cargo the same day.

Common collocations

  • arrange a telex release
  • telex release fee
  • request a telex release
  • telex released bill of lading
  • bill of ladingA document issued by the shipping line that confirms the goods were received or loaded, sets out the terms of carriage and gives the holder the right to collect the cargo.
  • demurrageA charge the shipping line makes when a container, or a ship, stays in the port longer than the free time allowed.
  • consigneeThe person or company named on a transport document as the one who will receive the goods at destination.
  • advance paymentMoney the buyer pays before the goods are produced or shipped, either the full amount or part of it as a deposit.

More terms: Trade Documents

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