Ordino, an internationally used concept in trade, is very important in foreign trade. It is especially among the necessary documents for customs procedures, allowing the receipt of goods. Ordino, when expressing the instructions in the policies, helps merchants speed up their transactions and carry them out securely. The use of ordino is crucial to minimize the difficulties faced by merchants in import and export processes. At customs, during the tracking and receipt of goods, ordino functions as a critical document. By compiling all transportation information, it provides a reliable reference for both the buyer and the seller.
What is Ordino?
Ordino is an important document used in various fields of trade. In different sectors, especially insurance, foreign trade, and shipping, the term ordino has various meanings. For example, in an insurance policy, ordino can be considered as a remittance order that the policyholder must pay to the insurance company. In this context, the ordino document is important for ensuring the security of insurance transactions.
In foreign trade, ordino is a document necessary for importers to receive their goods. The importer issues a remittance order against the bill of lading at customs to be able to receive the goods. This process is of great importance for the correct and timely delivery of the goods. Thus, the ordino document helps ensure a secure and orderly flow in trade processes.
What Happens When an Ordino is Issued?
A trader must first take the necessary steps related to the ordino document to be able to collect their goods from customs. At this stage, a bill of lading is mandatory; because the data in the bill of lading is vital for customs procedures. The merchant must know that they need to remove their goods from customs to obtain the ordino, which is a receipt document issued for the received goods. Therefore, they initially need the ordino.
Once the ordino document is prepared, the merchant can take their goods from customs with this document. However, the process of preparing the ordino is the responsibility of the shipping agents. When the goods are brought by the merchant, the issued ordino is delivered to the captain or the person bringing the cargo. This document is necessary for the merchant to complete customs procedures and securely obtain their goods. During customs procedures, ensuring all documents are complete and procedures are correctly carried out will facilitate the merchant's work.
Difference Between Ordino and Bill of Lading
| Criteria | Ordino | Bill of Lading (Transport Document) |
| Definition | Document enabling the withdrawal of goods from customs | Trade document containing details such as the number of shipped goods, product information |
| Purpose of Use | Used for receiving goods from customs | Used to document the foreign trade agreement |
| Timing of Issuance | Issued at the time of goods being delivered from customs, against the bill of lading | Issued when the foreign trade agreement is established |
| Content | Approval document indicating that goods can be withdrawn from customs | Contains details such as the number, type of goods, and other specifics |
| Parties | Used by customs brokers and the buyer | Signed by the buyer and the seller |
| Delivery Process | If the ordino is prepared, goods can be withdrawn from customs | Goods are delivered in the quantity and completeness specified in the bill of lading |
| Functional Connection | Issued against the bill of lading; an ordino cannot be issued without the bill of lading | Shows that the goods have been transported and that the buyer and seller have agreed |
An example of an ordino document and the elements that should be included in this document;
- Name, surname, and signature of the person preparing the document
- Company name and details of the importing company
- Name, surname, and business name of the carrier
- Name, surname, and signature of the captain
- Information about the goods being arranged
- Deciding how many copies will be made
- Name, surname, and signature of the authorized person of the sending importing company
- Freight of the goods
- Port of loading
- Name and nationality of the ship
Ordino Fee
The ordino fee is generally applicable for air, land, and sea transportation. This fee, paid when receiving the ordino, can typically range between air cargo, road, or sea transport, generally requiring a payment between 40 and 100 USD. Different fee ranges exist for each transportation method.
For example, the ordino fee may vary in air transportation, while a separate fee applies for sea transportation. This situation results in different cost structures depending on the transportation method.
