Forms of Documentary Bills under Imports and Exports

 

Documentary Bills Forms under International Trade

 

 

Forms of Documentary Bills under Imports and ExportsDocumentary Bills can be in the form of Sight Bill and Acceptance Bill. Method of payment depends on the form of bill used. Documents against Payment: Under this method, exporter draws a sight bill on the importer and hands over the relative documents specified in the contract to his banker with the instructions to deliver the documents only on payment. The documents are sent to the correspondent's bank, where the importer is located, with the instructions given by the exporter. When the importer makes the payment, he can get title to the goods and possession.

 

Is THC same in all ports

KINDS OF LOSSES in Marine Insurance

Know the term Port of Discharge and Place of Delivery

LC advantage exporter

LC advantage importer

LC parties

LCL shipment booking tips

Letter of credit

Import General Manifest (IGM)

Importance of Bill of Lading

Introduction to this web site.

Is Airway bill a documents of title?

Is Customs House Agents (CHA ) required to be appointed mandatory? 

Is DP terms of payment safe in export business?

Is Letter of Credit LC safe for an Importer?

Is ON BOARD CERTIFICATE required for LC negotiation

Application for registration under GST Act to obtain GSTIN

GST registration and returns filing procedures for PSUs and Government entities

Re-registration of GST, Goods and Service Tax.



Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers