(banking) A transport document which is not a document of title/negotiable document. The sea waybill indicates the “on board” loading of the goods and can be used in cases where no ocean bill of lading, i.e. no document of title is required. For receipt of the goods, presentation of the sea waybill by the consignee named therein is not required, which can speed up processing at the port of destination. See bill of lading; ocean bill of lading.