{"id":4202,"date":"2019-01-29T06:59:13","date_gmt":"2019-01-29T11:59:13","guid":{"rendered":"http:\/\/www.letterofcredit.biz\/?p=4202"},"modified":"2019-02-08T18:32:30","modified_gmt":"2019-02-08T23:32:30","slug":"presentation-letter-of-credit-documents","status":"publish","type":"post","link":"https:\/\/www.letterofcredit.biz\/index.php\/2019\/01\/29\/presentation-letter-of-credit-documents\/","title":{"rendered":"Presentation &#8211; Letter of Credit Documents"},"content":{"rendered":"<h4>Proforma Invoice<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4208\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02.png\" alt=\"Proforma Invoice\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-02-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>In international trade transactions, a <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/26\/proforma-invoice\/\">proforma invoice<\/a> is a trade document which states a commitment from the seller (exporter) to sell goods to the buyer (importer) at specified conditions.<\/li>\n<li>A <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/26\/proforma-invoice\/\">proforma invoice<\/a> is not a valid invoice in terms of accounting.<\/li>\n<li>Proforma invoices are widely used in today&#8217;s international trade transactions in substitution of sales contracts.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/26\/proforma-invoice\/\">proforma invoice<\/a> page.<\/li>\n<\/ul>\n<h4>Commercial Invoice<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4210\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03.png\" alt=\"Commercial Invoice\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-03-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/20\/commercial-invoice\/\">Commercial invoice<\/a> is a type trade document which is used mostly in international trade transactions.<\/li>\n<li>It is a compulsory document that is requested by customs to determine true value of the imported goods, for assessment of duties and taxes.<\/li>\n<li>The description of the goods, services or performance in the invoice must correspond with the description in the letter of credit.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/20\/commercial-invoice\/\">commercial invoice<\/a> page.<\/li>\n<\/ul>\n<h4>International Sales Contract<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4213\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04.png\" alt=\"International Sales Contract\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-04-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>Contract of sale is defined as \u201cformal contract by which a seller agrees to sell and a<br \/>\nbuyer agrees to buy, under certain terms and conditions spelled out in writing in the<br \/>\ndocument signed by both parties.<\/li>\n<li>Also called agreement of sale, contract for sale, sale agreement, or sale contract.<\/li>\n<li>A <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/27\/international-sales-contract\/\">sales contract<\/a> can cover any kind of sales action such as sales of intellectual<br \/>\nproperty rights, sales of real estate etc&#8230; We will be focusing only on <strong>international<\/strong><br \/>\n<strong>contracts for sale of goods<\/strong>.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/27\/international-sales-contract\/\">international sales contract<\/a> page.<\/li>\n<\/ul>\n<h4>Packing List<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4215\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05.png\" alt=\"Packing List\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-05-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/03\/packing-list-and-weight-list\/\">Packing list<\/a>, is an international trade document, used to identify details of the shipment<br \/>\nin terms of packaging.<\/li>\n<li>Packing list normally should not disclose any financial information regarding the shipment such as the total amount of the cargo, unit price of the items or payment terms.<\/li>\n<li>By adding details of the weight you can use a packing list as a <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/03\/packing-list-and-weight-list\/\">weight list<\/a> or weight certificate without any problem.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/03\/packing-list-and-weight-list\/\">packing list<\/a> page.<\/li>\n<\/ul>\n<h4>Bill of Exchange \/ Draft<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4216\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06.png\" alt=\"Bill of Exchange \/ Draft\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-06-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>Bill of exchange and draft have the same meaning and it is a financial document.<\/li>\n<li>Bill of exchange defined as an unconditional order in writing, addressed by one person to<br \/>\nanother, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified specified person, person, or to bearer.<\/li>\n<li>There are two main international law exist that govern the bill of exchange as a financial<br \/>\ninstrument in international trade transactions. Bills of Exchange Act (1882) and Geneva<br \/>\nConventions (1930).<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/27\/bill-of-exchange\/\">bill of exchange<\/a> page.<\/li>\n<\/ul>\n<h4>Insurance Documents<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4218\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07.png\" alt=\"Cargo Insurance Documents\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-07-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>Cargo insurance is defined as an insurance policy taken up to protect insurance<br \/>\nholder against loss of or damage to the goods during the transportation.<\/li>\n<li>There are 3 main cargo insurance types available for sea and road shipments.\n<ul>\n<li>Institute Cargo Clauses (A) <span style=\"color: #008000;\">=&gt; widest protection coverage<\/span><\/li>\n<li>Institute Cargo Clauses (B)<\/li>\n<li>Institute Cargo Clauses (C) <span style=\"color: #008000;\">=&gt; minimum insurance coverage<\/span><\/li>\n<\/ul>\n<\/li>\n<li>Institute Cargo Clauses (Air) used in air shipments.<\/li>\n<li>For detailed information please visit our cargo <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/07\/insurance-documents\/\">insurance documents<\/a> page.<\/li>\n<\/ul>\n<h4>Inspection Certificate<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4220\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08.png\" alt=\"Inspection Certificate\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-08-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/05\/inspection-certificate\/\">Pre-shipment inspection<\/a>, PSI, is a part of supply chain management and an important and reliable quality control method for checking goods&#8217; quality while clients buy from the suppliers.<\/li>\n<li>Main objective objective of the <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/05\/inspection-certificate\/\">inspection certificate<\/a> is to satisfy the importer or the<br \/>\ngovernment body that the goods are in conformity with the indicated specifications<br \/>\non the <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/27\/international-sales-contract\/\">sales contract<\/a> or <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/26\/proforma-invoice\/\">proforma invoice<\/a>.<\/li>\n<li>Inspections are important tools to reduce trade risks and avoid fraud.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/05\/05\/inspection-certificate\/\">Inspection Certificate<\/a> page.<\/li>\n<\/ul>\n<h4>Multimodal Bill of Lading<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4221\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09.png\" alt=\"Multimodal Bill of Lading\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-09-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>Both <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/13\/multimodal-bill-of-lading\/\">multimodal bills of lading<\/a>\u00a0are transport documents covering transportation completed by more than one mode of transport.<\/li>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/13\/multimodal-bill-of-lading\/\">Multimodal bills of lading<\/a> are mostly printed on standard forms supplied by International Federation of Freight Forwarders Associations (FIATA) .<\/li>\n<li>Multimodal Bills of Lading and Combined Transport Bills of Lading has the same meaning and application in terms of letters of credit rules.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/13\/multimodal-bill-of-lading\/\">Multimodal Bill of Lading<\/a> page.<\/li>\n<\/ul>\n<h4>Bill of Lading<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4223\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10.png\" alt=\"Bill of Lading\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-10-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/02\/bill-of-lading\/\">Bill of lading<\/a> is a transport documents used in sea shipments.<\/li>\n<li>A bill of lading is an instrument in writing, signed by a carrier or his agent, describing the freight so as to identify it, stating the name of the consignor. The terms of the contract for carriage, and agreeing or directing that the freight be delivered to the order or assigns of a specified person at a specified place.<\/li>\n<li>Bills of lading fulfill three basic functions :\n<ul>\n<li>bills of lading are receipts for the goods;<\/li>\n<li>bills of lading evidence the terms of the contract of carriage<\/li>\n<li>they are said to be \u201cnegotiable documents of title\u201d<\/li>\n<\/ul>\n<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/02\/bill-of-lading\/\">Bill of Lading<\/a> page.<\/li>\n<\/ul>\n<h4>Non-Negotiable Sea Waybill<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4226\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11.png\" alt=\"Non-Negotiable Sea Waybill\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-11-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/04\/sea-waybill-non-negotiable-bill-of-lading\/\">Non-negotiable sea waybill<\/a> or <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/04\/sea-waybill-non-negotiable-bill-of-lading\/\">Non-Negotiable Bill of Lading<\/a> is a transport document used in sea shipments.<\/li>\n<li>A sea waybill\u00a0is non-negotiable, which means that the consignee cannot endorse the sea waybill and transfer it to another person to take delivery delivery of the cargo.<\/li>\n<li>Non-negotiable sea waybill is covered under article 21 of the <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/10\/19\/ucp-600\/\">UCP 600<\/a>.<\/li>\n<li>To comply with UCP 600 article 21, a non-negotiable sea waybill must appear to cover a port-to-port shipment but need not be titled \u201cNon-negotiable Sea Waybill\u201d or similar.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/04\/sea-waybill-non-negotiable-bill-of-lading\/\">Non-Negotiable Sea Waybill<\/a> page<\/li>\n<\/ul>\n<h4>Charter Party Bill of Lading<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4227\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12.png\" alt=\"Charter Party Bill of Lading\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-12-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>Container transportation may not be suitable for some occasions such as bulk commodity trades and heavy lift\/out of gauge movements. On these occasions, in which liner services could not be utilized, shippers may choose to hire a vessel as an alternative.<\/li>\n<li>Hiring a vessel is called &#8220;<a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/12\/02\/what-are-the-differences-between-a-bill-of-lading-and-a-charter-party-bill-of-lading\/\">Charter Party<\/a>&#8221; in maritime terminology.<\/li>\n<li>Transport document issued by the hiring party of the vessel, or charterer as we call them, is called &#8220;<a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/07\/charter-party-bill-of-lading\/\">Charter Party Bill of Lading<\/a>\u201c.<\/li>\n<li>Charter party bill of lading is covered under article 22 of the UCP 600.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/07\/charter-party-bill-of-lading\/\">Charter Party Bill of Lading<\/a> page<\/li>\n<\/ul>\n<h4>Air Transport Document<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4228\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13.png\" alt=\"Air Transport Document\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-13-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li>Air transport document or <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/11\/air-waybill\/\">air waybill<\/a> (AWB) is a <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/03\/12\/letter-of-credit-documents\/\">transport document<\/a> used in air shipments.<\/li>\n<li>Air waybill is \u201cthe shipping document used for the transportation of air freight. It includes conditions, limitations of liability, shipping instructions, description of commodity, and applicable transportation charges.<\/li>\n<li>Air transport document is not a document title of goods, which means that air waybill is a non-negotiable transport document.<\/li>\n<li>If a letter of credit requires presentation of an air transport document covering an airport-to airport shipment, UCP 600 article 23 is applicable.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/11\/air-waybill\/\">Air Transport Document<\/a> page.<\/li>\n<\/ul>\n<h4>Road Transport Document<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4231\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14.png\" alt=\"Road Transport Document\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-14-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/11\/road-transport-document-cmr\/\">Road transport document<\/a> or <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/11\/road-transport-document-cmr\/\">road consignment note<\/a> is a transport document used in land shipments.<\/li>\n<li>Road transport document is \u201cthe shipping document used for the transportation of land<br \/>\nfreight. Road transport document that confirms that the carrier (ie the road haulage company) has received the goods and that a contract of carriage exists between the trader and the carrier.<\/li>\n<li>Road transport document is not a document title of goods, which means that road transport document is a <span style=\"text-decoration: underline;\">non-negotiable transport document<\/span>.<\/li>\n<li>&#8220;CMR International Consignment Note&#8221; is the transport document created in standard forms according to CMR convention. CMR Convention is signed by most of the EUROPEAN countries.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/11\/road-transport-document-cmr\/\">Road Transport Document<\/a> page.<\/li>\n<\/ul>\n<h4>Rail Transport Document<\/h4>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-4232\" src=\"http:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15.png\" alt=\"Rail Transport Document\" width=\"2200\" height=\"1700\" srcset=\"https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15.png 2200w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15-300x232.png 300w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15-768x593.png 768w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15-1024x791.png 1024w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15-696x538.png 696w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15-1068x825.png 1068w, https:\/\/www.letterofcredit.biz\/wp-content\/uploads\/letter-of-credit-documents-15-544x420.png 544w\" sizes=\"(max-width: 2200px) 100vw, 2200px\" \/><\/p>\n<ul>\n<li><a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/12\/rail-transport-document-cim\/\">Rail transport document<\/a> or <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/12\/rail-transport-document-cim\/\">rail consignment note<\/a> is a transport document used in<br \/>\nrail shipments. Rail consignment note confirms that the rail carrier has received the<br \/>\ngoods and that a contract of carriage exists between trader and carrier.<\/li>\n<li>Rail transport document is not a document title of goods, which means that rail<br \/>\ntransport document is a <span style=\"text-decoration: underline;\">non-negotiable transport document<\/span>.<\/li>\n<li>&#8220;CIM Rail Consignment Note&#8221; is the transport document created in standard forms<br \/>\naccording to CIM convention rules. CIM Convention is signed by around 50<br \/>\ncountries.<\/li>\n<li>For detailed information please visit our <a href=\"http:\/\/www.letterofcredit.biz\/index.php\/2018\/04\/12\/rail-transport-document-cim\/\">Rail Transport Document<\/a> page.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Proforma Invoice In international trade transactions, a proforma invoice is a trade document which states a commitment from the seller (exporter) to sell goods to the buyer (importer) at specified conditions. A proforma invoice is not a valid invoice in<\/p>\n","protected":false},"author":1,"featured_media":4358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150,468],"tags":[162,469],"class_list":["post-4202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-letter-of-credit-documents","category-presentation","tag-letter-of-credit-documents","tag-presentation"],"_links":{"self":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/4202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/comments?post=4202"}],"version-history":[{"count":0,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/posts\/4202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media\/4358"}],"wp:attachment":[{"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/media?parent=4202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/categories?post=4202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.letterofcredit.biz\/index.php\/wp-json\/wp\/v2\/tags?post=4202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}