Non- acceptance from banks: Since Seaway Bills do not offer ownership of the consignment, banks do not accept it in the payment process
No control over release: The owner does not have control over dispatching of goods. Once the carrier receives freight payment, the owner loses the right over the release of the goods.
Replacement is not an option: Once the shipper issues a Seaway Bill, there is no possibility of changing it.
A Seaway Bill is a key document required to export from India. With e-commerce exports programs, Indian exporters can grow their businesses and take their local products across the world with ease.