What is Warehouse Receipt?
Warehouse Receipt A legal document issued by a warehouse operator confirming receipt and storage of specified goods. Serves as evidence of title, storage, and may be negotiable for trade finance or collateral.
Source: Incoterms 2020 (ICC), FIATA, IATA DGR, WCO
How is “Warehouse Receipt” Used in Practice?
The bank required a warehouse receipt as collateral for the trade finance facility.
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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?
A legal document issued by a warehouse operator confirming receipt and storage of specified goods. Serves as evidence of title, storage, and may be negotiable for trade finance or collateral.
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