Mitigating buyer’s risk

Credit report, advance payments, doc on collection basis, letter of credit, credit insurance,

Supplier

Credit report, bank guarantee, doc on collection, payment on delivery, quality certificate,

Docs

Commercial- sales contract, commercial invoice,

Financial- bill of exchange

Transport doc- bill of lading- doc of title

Types- short form, charter party, multimodal transport,

, airway bill, lorry receipts, rail receipts,

Insurance doc- policy and certificate

Inspection docs

Other – packing list, weight certificate, certificate of origin, consular invoice