Author archive: Bao Yen

What is LC Usance? How is it regulated?

What is LC Usance? How is it regulated?

X The parties involved in international payment transactions need to learn about what is the method of L/C Usance, what are the advantages and characteristics, when to use it? x You do not have much experience in applying for LC, so you need to find out about the application to be prepared including [...]

What is LC at Sight? How is the release process?

What is LC at Sight? How is the release process?

x You are importers, or exporters who are participating in transactions and international payments need to carefully understand the method of L/C at Sight? x individuals, organizations and import -export enterprises have not grasped the process of payment and issuance of at sight lc so [...]

What is Partial Loss? Detailed answers from AZ most accurate

What is Partial Loss? Detailed answers from AZ most accurate

x Import -export enterprises, forwarder, importers, export goods, ... need to understand what partial loss is in shipping? x You are interested and want to know how to classify maritime losses? What causes partial loss loss? X You wonder besides Partial loss with the technique [...]

What is General Average in import and export? How to apply?

What is General Average in import and export? How to apply?

x You are an exporter, import, business, goods owners, ... need to understand what the term General Average is to avoid the unfortunate case of goods? X You want to know how General Average is applied? What are the papers and procedures to prepare for General Average statement? [...]

What is Bill of Entry? What is the meaning, procedures, processes?

What is Bill of Entry? What is the meaning, procedures, processes?

x Exporters, importers carry out procedures for declaring customs clearance of goods and encountered many terms and English vocabulary such as Bill of Entry? X You want to find out the role, content, ... Classify Bill of Entry? x You need to understand the rules [...]

What is Cash in Advance? How does the role play in import and export?

What is Cash in Advance? How does the role play in import and export?

x You are a business, organization, sender, recipient, ... in international payment and hear the term Cash in Advance, do not understand how it is a payment method? x You want to know the role, advantages, challenges, ... and whether or not the options to replace [...]

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