Export through Letter of Credit
The basic concepts for an export L/C remain the same as an import letter of credit except that the parties in this particular transaction assume the reverse order.
Export Collections or Outward Documentary Collection (Cash against Document)
The basic concepts for an export outward documentary collection (CAD) remain the same as import CAD except that the parties in this particular transaction assume the reverse order.
Export through TT (Telegraphic Transfer) Cash in Advance
Export 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 before releasing the required goods and/or services.
