Category: Sourcing

CNF/CFR means Cost and freight. It requires the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier. Under CFR, the seller does not have to pr

D/A – Documents Against AcceptanceThe D/A transaction utilizes a term or time draft. In this case, the documents required to take possession of the goods are released by the clearing bank only after the buyer accepts a time draft drawn upon him. In essenc

An Inspection Certificate is a document certifying that merchandise was in good condition, or in accordance with certain specifications immediately prior to shipment.

DDP means Delivered duty paid. It is a transaction in which the seller must pay for all of the costs related to transporting the goods and is responsible in full for the goods until they have been received and transferred to the buyer. This includes payin

In an international sales transaction, D/P means Documents against Payment. It utilizes a sight draft. Payment is on demand.After the goods are shipped, the exporter sends the sight draft to the clearing bank, along with documents necessary for the import

FAS is the abbreviation of Free Alongside Ship. The shipping risk passes to the buyer, including payment of all transportation and insurance costs, once the order is delivered alongside the ship (realistically at a named port terminal) by the supplier. Th

Please note so far we only verify the trademarks that in the scope of ourAlibaba.com random check (We list some examples here https://service.alibaba.com/ensupplier/faq_detail/20395666.htm for your reference) If your trademark is not in that scope, we wil

Moneybookers, rebranded as Skrill, is an e-commerce business that allows payments to be made through the Internet. To learn more, please click here.