Inspection Certificate
On this page, I will try to explain “Quality Control Inspections”, "Inspection Certificates" and their applications in letters of credit.
A letter of credit transaction...
What are the Differences Between Consignee and Notify Party Fields of Bills of Lading?
Bill of lading is a transport document covering the carriage of goods by sea.
Consignee means a person entitled to take delivery of the goods...
Short Form/Blank Back Bill of Lading
A bill of lading is a generic name of a transport document, which is used in sea shipments.
As a transport document a bill of...
Fiata FCR (Forwarder’s Certificate of Receipt)
On this post, I will explain Forwarder's Certificate of Receipt, an international trade document, only issued by freight forwarders, whom are the members of...
Bill of Exchange
On this page, I will try to explain "Bill of Exchange" and its applications in letters of credit.
Banks mention "Bill of Exchange" as "Draft"...
Multimodal Bill of Lading
Multimodal transportation is the movement of one unit load from origin to destination by several methods or transportation under one document without breaking up the unit...
Fiata FWB (Non-Negotiable Fiata Multimodal Transport Waybill)
On this post, I will explain Non-Negotiable Fiata Multimodal Transport Waybill, a transport document, only issued by freight forwarders, whom are the members of...
How to Determine Maturity Date if Letter of Credit States That Tenor of the...
Maturity date is a term related to a time draft.
A time draft is a form of payment that is guaranteed by an issuing bank,...
International Sales Contract
In international trade transactions, a sales contract defines the roles and responsibilities of the parties to each other.
Without a sales contract, it would not...
Freight Forwarder’s Bill of Lading Not Acceptable
Some issuing banks add an additional condition to the letters of credit they have issued, indicating that freight forwarder's bill of lading is not...
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