Export_Import

Export_Import

Modes of International Trade Payment
Modes of International Trade Payment

International trade involves transactions between buyers and sellers located in different countries, often separated by distance, legal systems, currencies and …

Incoterms (International Commercial Terms)
Incoterms (International Commercial Terms)

Incoterms short for International Commercial Terms, are a globally recognized set of rules published by the International Chamber of Commerce …

Letter of Credit (LC)
Letter of Credit (LC)

A Letter of Credit (LC) is one of the most important financial instruments used in international trade to facilitate secure …

Foreign Back‑to‑Back (B2B) Letter of Credit
Foreign Back‑to‑Back (B2B) Letter of Credit

A Foreign Back‑to‑Back Letter of Credit (B2B LC) is a documentary credit opened by an exporter’s bank in favor of …

Sales and Purchase Contract
Sales and Purchase Contract

Every international trade transaction is fundamentally based on a sales or purchase contract between a seller and a buyer. This …

Lodgment of Import Bill and PAD (Payment Against Documents)
Lodgment of Import Bill and PAD (Payment Against Documents)

Lodgment of Import Bill is a critical phase in import finance where the issuing bank makes payment against compliant import …

Import Procedure
Import Procedure

Import procedure refers to the complete set of commercial, banking, customs and regulatory activities involved in bringing goods or services …

Export Procedure
Export Procedure

Export procedures form the backbone of international trade, ensuring that goods and services produced in one country are legally sold …

Export Documents: Complete Guide for International Trade
Export Documents: Complete Guide for International Trade

Export documents are the foundation of international trade transactions. They serve as legal proof of shipment, ownership, quality, value origin …

Import Policy
Import Policy

Import policy provides the legal, procedural and regulatory framework governing the entry of goods into a country. It defines who …