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Shipping Guarantee-i (SG-i)

Shipping Guarantee-i is a guarantee issued by the Consignee / Importer countersigned by the Bank to indemnify the shipping company to enable the Consignee/ Importer acquire goods without presentation of the original Bill of Lading

CONCEPT


BENEFITS

  • Importers can obtain goods immediately before the arrival of original documents such as Bill of Lading etc
  • To avoid importers from demurrage charges and other port charges

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