What is Guarantee Release?
In this glossary, Guarantee Release refers to: Official discharge of a financial or customs guarantee after successful completion of obligations, such as clearance, transit, or storage under customs supervision.
How is Guarantee Release used in logistics?
In logistics communication, this term appears in contexts such as: "Guarantee release is completed once the customs office verifies all shipment compliance requirements are met."
Why does Guarantee Release matter in logistics?
Guarantee Release matters because it supports clear communication in Customs contexts for Freight Forwarders, Supply Chain Managers, and Customs Brokers. It also connects to aviation training and exam language such as FIATA Diploma, CILT Certification, and IATA DGR.
Who uses Guarantee Release?
Guarantee Release is mainly used by Freight Forwarders, Supply Chain Managers, and Customs Brokers.
What category does Guarantee Release belong to?
In this glossary, Guarantee Release is grouped under Customs. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from Incoterms 2020 (ICC), FIATA, IATA DGR, WCO and published by Protermify Logistics as a static logistics reference page.