Tag Archives: iiiem

Everything about High Sea Sales

High Sea sales (HSS) is a sale carried out by the actual consignee (ie, the consignee shown in the Bill of Lading) to another buyer while the goods are yet on high seas or after their dispatch from the port of loading (POL) and before their arrival at the port of discharge (POD). You can learn about all export-import documentation and procedure from a well-known… Read More »

For an Importer how safe is Letter of Credit (LOC)

Letter of credit is a safe mode of payment commonly for any business especially in international business also. Letter of credit is been known to be one of the safest payment options for importers in international trade transactions. The reasons why L/C is a very important tool for export-import transactions is primarily due to the… Read More »

How Can You Prepare an Export Quote?

Generally, an export transaction would begin with buyer requesting for quotation form to the seller. Quote serves as a promise in form of a formal statement by the seller that he would provide the product at a specified time and price. Seller would be presenting the quotation in proforma invoice form. The seller needs to… Read More »