Shipping and handling

There are 6 types of payment methods and terms in international trade:

1.Delivery on board
2. Advance payment, A/P advance payment
3. Letter of credit. L/C Letter of Credit
4. Documentary Collection D/C Documentary Collection
5. Open Account O/A An open account
6. Consignment. Pre-shipment of goods

1. For sale on the condition of delivery on board (in English: Free on Board: F.O.B.) means that the goods being sold are placed by the seller on board the ship carrying them at the shipping port specified in the contract of sale, and the risks of loss or damage to the goods are transferred to the buyer from the moment In which the goods cross the barrier of the carrier ship

2. Prepaid A/P
It is mostly a direct payment method where the importer (usually the buyer) pays for the goods in advance and before shipping. Payment may be completed by any means agreed upon between the exporter and the importer. Popular options include bank transfer, international check, and payment by credit card such as Visa card
3. Documentary letter of credit (LC).
Letter of credit is one of the most secure payment methods available, it involves a payment made by the bank on behalf of the importer. A letter of credit is a document that acts as a guarantee by a bank saying that it will pay the exporter for the goods once certain terms and conditions are met. These terms and conditions are usually included in the letter of credit itself, and mostly relate to the examination of documents accompanying the goods, rather than the goods themselves. 3 (D/C) Documentary Collection
It is a very balanced payment term that provides almost equal risk exposure to the exporter and importer. This method is completed exclusively between banks acting on behalf of both parties. There are two main methods within this payment term. These are Documents Against Payment (DAP).
And documents in exchange for admission (DA).
5. Open an Account (O/A) This payment term involves a trade transaction where the exporter agrees to deliver goods to the importer without receiving payment until a later date. Payment is usually due after an agreed period, usually 30, 60 or 90 days after delivery.
6. Cargo Consignment
Here, the exporter produces, ships, and delivers the goods to the buyer but only collects payment after the goods are sold.
✒ ...minimum container shipping quantity.
✒ ... Bill of Lading 📃 The types of bill of lading are:,,, 1/ Direct bill of lading:,, You can extract it immediately after paying the value of the goods 2/ Express bill of lading:,,, The carrier is obligated to deliver the shipment to the sender without issuing any documents. Original 3/ Electronic Bill: It is a digital copy of the paper bill and is considered a legal document. 4/ Bearer Bill of Lading: It is a document stating that delivery is made to the person carrying this bill. 5/ Container Bill of Lading: It is issued by During the shipping line that owns the container 6/ Combined bill of lading:,, works for…
✒ ... Raouche Export 📃.. Broad outlines for understanding export.. A simplified definition of the most commonly used container sizes and types, and methods for choosing the appropriate container for your product. Different types of containers are used in shipping, example 1/ dry container 2/ refrigerated container 3/ open container 4 / Flat container.. The most commonly used containers in shipping are a 20-foot and 40-foot container. A 20-foot container with an area of 33 m, 6 x 5.2, and a load capacity of 20 tons, or depending on the packaging of the product. An open 20-foot container with a capacity of 28 tons.. A 40-foot container with an area of 67 m. 12 It helps in showing the shipment quantity and closing accounts