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Can a carrier hold a current shipment for payment of past due freight bills?
Wiki User
∙ 9y ago
No. That's highly illegal.
Wiki User
∙ 9y ago
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When is payment due under cif shipment terms?
CIF stands for cost, insurance, and freight. Under CIF shipping terms, payment for products are paid upon delivery of goods.
When receiving payment from a private insurance carrier check the amount of payment on the EOB with the?
when receiving payment from a privit insurace carrier check the amount of payment on the EOB with the
The section of an invoice that designates payment of freight charges?
F.o.b
Freight prepaid abroad?
It meams that the freight will be prepaid but not at country of origin of goods and yes at another country. For exemple the prepaid freight payment, can be made at destination of the goods.
What does adf in payment terms stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What does ADF in a payment term stand for?
After Deducting Freight (People seem to make their own payment term abbreviations!)
What is a feight recovery?
This refers to over payment from freight carriers. It can also mean literally recovery of freight or items found that had previously been lost.
Which international payment methods provides the exporter with the strongest reduction of post shipment risk?
Cash in advance
What does payment term prepaid mean?
Prepayments are amounts paid for by a business in advance of the goods or services being received later on. Any payment made in advance can be considered a prepayment. A prepayment is not dissimilar to a deposit, but generally falls under a more set time period for fulfillment of the goods or service purchased.
What is a payment made by a purchaser to the carrier of goods delivered called?
A delivery charge.
If payment on a current liability?
Payment On Current Liability Debit The Current Liability (say Sundry Creditor) (Liability Decreases) Credit Cash Or Bank (Current Asset Decreases)
What is the difference between freight payable as per charter party with freight prepaid?
As to freight paid as per charter-party it generally mean that freight is payable at the rate mentioned in the charter-party. So the difference is that advance freight is the freight paid in advace and freight paid as per c/p is a phrase in B/L (bill of lading) referring to rate and way of payment of freight (i.e. to which bank, by money transfer or in cash, within how many working days, etc.)
