Documentary Bills in Export Import trade


Documentary Bills for Export


Documentary Bills in Export Import tradeWhen 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

Discussion Forum

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