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CAD usually stands for Cash Against Documents. This means the receiver of the documents has to pay in cash, before he/she reveives the shipping of the imported documents. A third party(a bank for example) keeps the docuements until they receive the payment from the buyer.

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13y ago
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Anonymous

Lvl 1
3y ago
CAD SHPTS IS BANK IS INVOLVED?
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Wiki User

14y ago

Generally when someone sees CAD it means Canadian Dollars

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Q: What does CAD means in shipping term?
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