Original Bill of Lading (OBL)
An original bill of lading is the signed physical copy of a sea bill of lading, which acts as a document of title to the goods. The consignee must present it to the shipping line to take delivery of the cargo at the destination, which is why, in letter of credit transactions, the original bill of lading is exchanged through the bank.
This term applies to Sivan's Import goods service.