Purchase on cad basis
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 September 2011
What is the definition of Purchases on CAD Basis in the case of Import.
26 September 2011
CAD : Cash against Documents
Payment is made to bank to get documents ,Normally vendors prefer this kind of payment as it ensures the
payment prior to actual deliver of consignment .Please ensure that documents are endorsed by bank and shipper
as this is most important conditions for shipping line
Payment is made to bank to get documents ,Normally vendors prefer this kind of payment as it ensures the
payment prior to actual deliver of consignment .Please ensure that documents are endorsed by bank and shipper
as this is most important conditions for shipping line
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