What is Warehouse Receipt?
Warehouse Receipt An official document issued by a warehouse operator acknowledging the receipt and storage of specified goods, used as proof of ownership and for trade finance.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Warehouse Receipt” Used in Practice?
The bank accepted the warehouse receipt as collateral for the trade finance loan application.
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Who Needs to Know This Term?
- Freight Forwarders
- Supply Chain Managers
- Customs Brokers
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What is Warehouse Receipt?
An official document issued by a warehouse operator acknowledging the receipt and storage of specified goods, used as proof of ownership and for trade finance.
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