Logistics terms · Logistics terms
What does IBA approved transporter mean in logistics?
Short answer
A transporter or packer and mover listed with the Indian Banks’ Association, whose bills banks accept for reimbursing employees’ household relocation on transfer.
Relevant mainly to employee relocation for bank and some public-sector staff. It is not a general regulatory licence for commercial goods transport. Ask our desk how this applies to your consignment.
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The numbers behind this answer
- Also called
- IBA approved
- Category
- Road
- Related terms
- Common carrier, Goods-in-transit insurance, Lorry receipt (LR), Freight claim
Related questions
- What does Carriage by Road Act, 2007 mean in logistics?
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- What does Freight claim mean in logistics?
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