Definition: An air waybill (AWB) is used by both commercial couriers and individuals when sending purchases using airmail or sea mail, including in countries that use different billing systems.
An AWHB looks like a standard form used to track shipments and is most commonly seen on shipments between different countries. It includes the country of origin, the destination, the type of shipment, the crew’s names and contact details, and other basic information.
It has two copies: one for the seller and one for the buyer. The former contains information about the goods, including their quantity, cost, and description. At the same time, the latter includes information about the payments made by either party (seller or buyer) for the goods, including credit card numbers and expiry dates if applicable. A buyer can request an AWB from the seller at any time without having to wait for confirmations from both sides; however, sellers often keep AWB copies for two months after payment has been made.
The main purpose of an air waybill (sometimes called an Advance Pledge Bill) is to allow both the buyer and seller to communicate about specific terms and conditions before purchasing the item. For example, if you’re buying a ticket on a particular day and time, then you would need to include a copy of the invoice with your payment so that the seller knows what the purchase price will be before he or she sells the ticket. Also, an AWB can bill the customer for any damages or missing parts before the shipment is removed from the carrier’s property.
An air waybill and bill of lading are similar documents that describe the terms and conditions under which a particular shipment of goods is transported by an air carrier or used in its transportation system.
An air waybill is a document used to gather and verify information about a shipment of goods bound for your account. For example, if you receive damaged, incorrect goods or cannot be collected from the shipper on time, an air waybill can help fill this gap so that you can bring your account up to date with the information necessary to manage your shipment. In contrast, a bill of lading is an actual document created by a shipping company showing the contents of a shipment on its way to your doorstep.
The federal government and many shippers use the air waybill to help track and control shipments. It has information such as the name and address of the person receiving the shipment, invoice numbers, and other data. The bill of lading is used by companies that receive government contracts to track and control shipments. It contains information about shipments such as the product description, quantity, destination, and payment instructions.