Types of letters of credit?
The letter of credit is a payment tool that can be used to finance both domestic and international purchases. There are many different types of letters of credit. What is…
How does a letter of credit work?
When it comes to ocean freight, documentation is critical to ensure that shipping goes smoothly. Although the bill of landing and the packing list are probably the most common types…
Difference between Sea Waybill vs Bill of Lading
What is a Bill of Lading? A Bill of Lading can be categorized in many different ways, but in general an original B/L refers to a document issued by the…
Cash In Advance
Cash in Advance: Why, Where & Who Uses It? Trade agreements between two parties often invoke the term "Cash in Advance". This refers to an advance payment that the buyer…
Transport Documents Overview
What is Transport Documentation ? Cross border trade involves the preparation and submission of many documents. Ensuring all required documents reach correct stakeholders on time is a big part of…
