BIFA Standard Trading Conditions
All business undertaken by Velta is subject to the current edition of the Standard Trading Conditions of the British International Freight Association (BIFA).
Recently updates have been made to these conditions to reflect the changing legislation involved in the transportation of goods, such as the introduction of the SOLAS VGM regulation.
The amendments follow the first major review of the STC’s in over 10 years, and the changes implemented will close possible ‘loopholes’ that were identified by industry experts during the review.
The new BIFA STC’s will come into effect from 1 October 2017 and will assist in providing clarity as to the responsibilities associated with the trade process.