by Tekle Sebhatu
Question:
Hi, I was wondering if you could tell what an "assignment of proceeds" document is.
Answer:
Assignment is the transfer in writing of proceeds from one party to another party. For example, a beneficiary of a letter of credit may pledge the proceeds of future drawings to a third party. The documents used for this mechanism are referred as assignment of proceeds documents.
Related articles:
View Tekle Sebhatu's profile here.
what is the safest mode of payment
by SOUREMM on 17 Nov 2006 17:26
Hello Sir , Which is the safest mode of payment that can be proposed to my Buyer . I have recieved many enquiries for food stuffs
Re: what is the safest mode of payment
by SOUREMM on 19 Feb 2007 14:43
THE SAFEST MODE OF PAYMENT AS FAR AS THE EXPORTERS ARE CONCERNED , WILL BE TO RECIEVE CASH IN ADVANCE BY TELEGRAPHIC TRANSFER OR SENT THE DOCUMENTS THROUGH BANK OR MAKE THE BUYER OPEN AN IRREVOCABLE , CONFIRMED AND UNCONDITIONAL L/C AT SIGHT THROUGH ANY FIRST CLASS BANKS IN THE RESPECTIVE COUNTRY . THANKS
Re: Re: what is the safest mode of payment
by yarenimex on 21 Feb 2007 10:13
Replying to [SOUREMM]:
What do you mean " irrevocable,confirmed and unconditional L/C at sight" ?
An L/C itself is a combination of various terms and conditions
relating to the definition of the goods,required documentation,dates,
transports of the goods and so on..
Yarenimex
Shipping estimate- a guide for wholesalers and importers
Author: Ellango
How the shipping charges are estimated and the volumetric weight is taken into consideration for Mobile Phone Shipments- a study
