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Documents in international trade (:writing_hand::skin-tone-2:Bill of…
Documents in international trade
:lion_face::Purchase order
Often the main contract form
Constitutes first legally binding offer
Exchange of information between exporter and importer
Product's price, quality, quantity
International transaction base on purchase order
:champagne:CMR document
an international consignment note used by drivers, operators and forwarders alike :pen:
governs the responsibilities and liabilities of the parties to a contract for the carriage of goods :pen:
:tulip: Commercial invoice
Administrative document :pen:
contains information about international sale :pen:
Includes taxes and other expenses
payment conditions :pen:
The importer declares to the tax authority of his country the amount of payments :pen:
:fire:Airway bill AWB
non-negotiable transport document covering transport of cargo from airport to airport
:tiger:Packing list
Detailed version of the commercial invoice but without price info
It must include inter alia, The following: Invoice number, quantity and description of the good, weight of the good, number of packages and shipping marks.
Copy of P/L is sent to the shipment itself and another copy is send directly consignee to assist in checking
:writing_hand::skin-tone-2:Bill of lading
both receipt for merchandise and a contract to deliver it as freight
there are different types
document issues by the agent of a carrier to a shipper
signed by the captain,agent or owner of a vessel
:check:silhouettes:Irrevocable letter of credit L/C
Importer's bank agrees to the exporter (the beneficiary)
Exporter will get paid if it can provide the document required
Cannot be cancelled without the consent of all parties
:heart_decoration:Multimodal bill of lading
international transport document covering two or more modes of transport(such as shipping by road an by sea)
also used as a carriage contract and receipt that the goods have been received
only authorized forwarders integrated into FIATA(international Federation of Freight Forwarders Associations) can issue this document
it its addressed to the exporter,Multimodal Transport Operator on destination country and the importer
:kiss: Certificate of origin
Types of certificates of origin
Non-preferential and preferential :tiger:
Regional declinations :elephant:
Electronic certificates of origin :penguin:
:apple:Inspection Certificate
authority indicating that goods have been inspected :pencil2:
obtain from neutral testing organizations :pencil2:
IC can come from the manufacturer or shipper :pencil2: