What is an Order Delivery (Ordino)

The instruction written to ensure that payment is made to the person to whom policies are endorsed is called an ordino. Ordino, which is mostly used in foreign trade practices, can also be considered as a remittance that must be obtained from the carrier company in order for the importing company to carry out the customs clearance of all goods and products brought into the country. The remittance or ordino document is obtained in exchange for the bill of lading related to the cargo and after payment has been made, and it is currently used in three different ways. Especially among importers and entrepreneurs who want to bring products from abroad, the question “what is an ordino?” is asked very frequently. For this reason, before starting import procedures, it will be very useful to learn the term ordino, which is indispensable in trade carried out through import methods. Accordingly, in this section of our blog, we have addressed the questions “what is an ordino?” and “what are the methods of using an ordino?” for our readers, importers, and traders engaged in import operations.

WHAT ARE THE METHODS OF USING AN ORDINO?

The most common definition of ordino is a remittance order prepared to ensure that payment is made to the endorsee of a policy issued for a service or product. In addition, another meaning of ordino refers to the document required for an importing company to carry out the customs clearance of goods and products sent to it. In order to receive the ordino, the bill of lading related to the cargo must be submitted to customs.

Another area in which ordino is used is the maritime sector. In maritime terminology, ordino refers to the document required for seafarers to board a vessel. It is a term frequently used in maritime activities as well as in international trade and insurance. Although ordino is a concept related to maritime affairs, it is used in all international trade transactions involving payments and the transfer of goods. In addition to sea transport, the transfer of goods and payments carried out within the scope of international trade via air, road, or other transportation methods are also considered within the scope of ordino. In order for goods entering a country’s borders to be received by the importing company, the ordino document must be obtained and used. Goods arriving at customs are stored in various warehouses, and during the process of collecting these goods, the bills of lading related to the shipments must be submitted to customs and the ordino document must be obtained.

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