Method and system for a first network device and a second network device is provided. The first network device and the second network device communicate with each other via a plurality of network links. A network packet field for applying a hashing technique for selecting one of the network links to transmit the network packet is negotiated between the first network device and the second network device. The hashing technique is identified for selecting the selected network link. The first network device and the second network device, prior to applying the hashing technique exchange hashing parameters.