Documentary Bills for Export
When the exporter is unable to get the advance payment from the importer, the next best alternative mode of payment is 'Documentary Bills'. The exporter is unwilling to part with the documents of title till he receives the payment and the importer is not prepared to part with payment and assume the risk until he is sure of receiving the goods. Under those circumstances, 'Documentary Bills' is a bridge, as documents are routed through the bank. It provides the required solution as it satisfies the claims of both the parties. In this system of payment, banks act as a media to reconcile the conflicting requirements of the exporter as well as importer.
Who can inspect import cargo in US
Who decides shipping carrier on FOB shipments
Who gets benefited with my articles in this website
Options under central excise clearance
Packing of export goods - How important in International business?
Parties in LC
Payment procedures in Triangular exports
Payment terms
POD Proof of Delivery – How important in Imports
Post export incentives
We have IEC, can we export from all ports?
What are the legal documents in exports
What does ECGC do on default of payment of any overseas buyer?
Post shipment finance in Export Business
Refund of Input Tax Credit (ITC) of GST, FAQ
Refund of GST paid in India, FAQ
4 Conditions when applying for refund of Input Tax Credit (ITC) under GST
Difference between types of goods and services and types of GST
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
What is VACIS exam in US import customs clearance
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
Procedure for Central Excise Clearance Under Claim of Rebate
Customs procedures for Costa Rica Export
Registration required to export from Costa Rica
Import Customs processes in Costa Rica
Import Registration and import Licence procedures in Costa Rica
How to export from Bolivia?
How to Import to Bolivia?
How to import to India from Bolivia?