Import through Letter of Credit
Letter of credit transactions form is a part of an international trade of goods and services, which involves cross-boundary activities. These cross-boundary activities entail different currencies, terms, risks, and global payments which are governed by international laws, agreements, and the laws of other countries with which we do business around the world.
Import Collections or Inward Documentary Collections (Cash Against Document)
Inward Documentary collection or Cash against documents (CAD) also involves the cross-boundary exchange of goods and services. These cross-boundary transactions entail the application of different currencies, different terms, international laws, agreements, and the laws of other countries with which we do business around the world.
Import through TT (Telegraphic Transfer)/ Cash in Advance
Import via Telegraphic Transfer (Advance payment) transactions form is a part of an international trade of goods and services, which involves cross-boundary activities. In this case, payment shall be prepaid.
Import through Supplier Credit
Import through Supplier Credit means a deferred payment Letter of Credit payable at a determined future date after the presentation of conforming documents.