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Dear all What are term method payment by 100%d/p and C.a.d...
Post 1 of 2
Dear all

What are term method payment by 100%d/p and C.a.d is risk for supplier? ( exsportir )
Award 10 MVPs ( What's this? )for the best answer.
25 Jul 2009 01:59
Post 2 of 2

CAD means cash against document, D/P means the same thing: documents against payment. In effect: The buyer pays the full invoice value prior to the release of the shipping documents (including the transport document) by the presenting/collecting bank.

Risk for supplier: Think of the position a supplier would be in if the consignment is not cleared by the consignee, or the release is willfully delayed by the consignee.

28 Jul 2009 00:34
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