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Arrangement under documentary collection in which an exporter instructs the presenting bank to hand over shipping and title documents (see document of title) to the importer only if the importer fully pays the accompanying bill of exchange or draft. Also called cash against documents.
What else can I help you with?
What is DP in terms of payment?
DP = payment against receipt of document
What is LC DA DP TT payment options?
LC = Payment thru Letter of Credit DA = Payment against acceptance DP = Payment against receipt of document TT = Telegraphic transfer
DP payment against receipt of document?
wht is DP payment...if any company issue DP payment to me is safe or not it is like Tt payment? how the diferrent Tt payment & DP payment? Hope your can rely it
Why people prefer only DA Payment terms?
Isn't it the bank is fully aware of the order is under certain # days of D/A so you will have the first priority to collect the payment before the account holder. This is how the payment term document against acceptance stands.
What is the DA Payment against acceptance?
WHat is the DA = Payment against acceptance
What document that defends interventions against copycats?
state a document that defends interventions against copycats
What document freed the slaves in the states rebelling against the union?
The Obama document
Can vat credit utilized against CST payment in Maharashtra?
As per return for the month the excess credit of mvat can adjusted against cst payment.
What is the difference in payment by DP and CAD?
The primary difference between Document against Payment (DP) and Cash against Documents (CAD) lies in the payment timing and conditions. In a DP arrangement, the buyer must pay for the goods before receiving the shipping documents, allowing them to claim ownership. In contrast, CAD typically requires the buyer to pay upon receipt of the documents, which are provided through a bank, ensuring that payment is made before the buyer can access the goods. Both methods aim to protect the seller's interests while facilitating international trade.
What is the difference between certified true copy and verified against original copy?
A certified true copy is an original document, and a document that is verified against the original copy is usually a recreation of the original document, or a second document that reflects the content of the original.
What is a swift MT54X?
MT540 Receive Free MT541 Receive Against Payment MT542 Deliver Free MT543 Deliver Against Payment MT544 Receive Free Confirmation MT545 Receive Against Payment Confirmation MT546 Deliver Free Confirmation MT547 Deliver Against Payment Confirmation MT548 Settlement Status / Processing Advice MT549 Request Statement / Status Advice
What was a document that proclaimed was against slavery?
emancipation proclamation.
