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    Air Waybill (AWB)

    Transport document issued for carriage by air in the form of confirmation of acceptance of goods for carriage. Not a negotiable instrument. The conditions of carriage are uniformly laid down in the Warsaw Agreement of 12.10.1929 and the subsequent additional protocols. «House air waybills» are also common. See UCP Art. 23.
    An air consignment note refers to a receipt issued by an international courier company for goods and an evidence of the contract of carriage, but it is not a document of title to the goods. Hence, the AWB is non-negotiable.
    This article was originally published in forum thread: Air Waybill (AWB) started by Martin Bjornstrom View original post