payment delivery , which is called payment delivery in English. Usually, bill of lading and other documents are sent to the bank after shipment. After the importer pays the payment, the bank will send the bill of lading and other documents to the importer for customs clearance and delivery. Because bills of lading are documents of value, in layman's terms, they are just paying money and delivering goods at the same time, which poses certain risks to exporters. Here is a little fisherman showing you what exporters need to pay attention to in D/P export business.
What should exporters pay attention to in their D/P export business?
1. In D/P business, the guarantee of the exporter's payment is the importer's credit, so paying attention to the importer's payment ability and commercial reputation is an important prerequisite for getting money.
2. After the goods are delivered, during the process of the document flow from the exporter to the importer, attention should be paid to controlling the goods through the control of the document. The importer should strictly control the documents before making payments.
3. In practice, the problem often occurs at the transfer point of the document, that is, the handover point of the exporter to the bank, the handover point of the seller's bank to the buyer's bank, and the handover point of the buyer's bank to the importer. Therefore, these handover points must be controlled and files must be flowed according to the standards.
4. Try to use the Bill of Lading. This way, the goods can be controlled by controlling the bill of lading. D/P Risk Although in both cases, the bank of the importing place must first pay the importer to the importer before handing the documents to the importer, the legal risks of the two should be said to be the same. However, due to the different risks faced in business practice, exporters directly remind the buyer that the designated bank will pay more risk.
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