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Introduction to Straight Bill Of Lading (BOL) It is issued by the carrier to the shipper.

Straight vs. to order bill of lading The difference between a straight bill of lading and a to order bill of lading is the payment status of the goods being shipped. A straight bill of lading is issued when the goods have been paid for in advance by the consignee to the shipper.

This type of Bill of lading is also known as a “Consignment BOL” and is used when transporting goods to a customer who has already paid for them. A Straight BOL is a document in which a seller agrees to send goods to a specific location by a particular mode of transport.

A Straight Bill of Lading (SBOL or Straight BoL) is a document used to document the transfer of goods from one party to another. Unlike traditional bills of lading, the SBOL does not need to be endorsed by a consignee, shipper or any other third party prior to it becoming a bill of lading.

A straight bill of lading is generally accepted to be one that makes the goods deliverable to a named consignee and either contains no words importing transferability or contains words negating transferability (such as "non-transferable").

Where to Obtain or How to Procure a Straight BOL. Once the shipper and consignee agree upon using a straight bill of lading, the shipper gets a straight bill of lading issued by the carrier. Three bills are often issued: one for the shipper, the consignee, the bank, the broker, or other third parties.

Straight bill of lading – used when the shipment has been paid for in advance and the carrier is delivering the freight to the buyer or other appropriate party. Order bill of lading – used when the goods are being shipped before they're paid for.

Typically the straight bill of lading is issued if buyer still owes payment for all or part of the goods. An “order” bill of lading: This is a negotiable form which is addressed “to order” or “to order of [a party]” instead of being consigned to the buyer.