The Ocean Bill of Lading is a receipt issued by the carrier after receiving the goods, and also a voucher for the carrier to sign the transportation contract. The bill of lading also represents the ownership of the goods carried and is a document with property rights.
A letter of credit (L/C) is a document issued by a bank (the issuing bank) at the request and instruction of the importer (the applicant) to the exporter (the beneficiary), authorizing the exporter to draw drafts payable by the bank or the importer. Payment must be accepted and made upon presentation of drafts and documents in compliance with the L/C terms. The letter of credit is the most commonly used primary payment method in international trade.
How to apply for an ATA Carnet for goods going abroad for exhibitions? Learn about the conditions, required materials, and specific procedures for obtaining an ATA Carnet to simplify customs formalities, reduce costs, and ensure smooth customs clearance for exhibition goods.
This article addresses whether FCR documents can replace bills of lading for export tax rebate filing, detailing the definition, purpose, and limitations of FCR in export tax rebates. By comparing differences between FCR and bills of lading, it helps foreign trade enterprises understand documentation requirements for export tax rebates and avoid affecting rebate processes due to document discrepancies.
This article provides a detailed introduction to the selection of foreign trade payment methods, including common methods such as Telegraphic Transfer (TT), Letter of Credit (LC), Documents against Payment (DP), and their respective advantages and disadvantages. By comparing different payment methods, it helps foreign trade practitioners choose the most suitable payment method based on transaction scale and customer situation to ensure safe and smooth transactions.
Comprehensively answer the application conditions, procedures, standard selection and loss handling of the Certificate of Origin under the China-Ecuador Free Trade Agreement, helping enterprises enjoy tariff reductions.
How to apply for an RCEP Certificate of Origin to enjoy preferential tariff treatment? Master the application steps and filling points of the RCEP Certificate of Origin and avoid common mistakes.
With the strengthening of international supervision, the method of buying export declarations is gradually being strictly investigated, especially in the field of steel exports. Policy changes have increased tax, foreign exchange and supply - chain risks. How can enterprises avoid compliance traps and ensure trade safety?
Understand the importance of the consistency of bill of lading and certificate of origin information when exporting to Thailand and the solutions to ensure smooth customs clearance and tariff reduction, and avoid unnecessary economic losses.
? 2025. All Rights Reserved. Shanghai ICP No. 2023007705-2 
PSB Record: Shanghai No.31011502009912
