A Bill of Lading is a document of title, written receipt issued by a carrier, a transport company, that it has taken possession and received a item of property and usually also confirming the details of delivery (such as method, time, place or to whom), and serves as the carrier’s title for the purpose of [...]

A Letter of Credit (LC) is a document issued mostly by a banks, used primarily in trade finance, which usually provides an irrevocable payment undertaking. This means that if buyer do not perform his obligations, his bank pays. The letter of credit can also be the source of repayment of the transaction meaning that the [...]

A memorandum of understanding (MOU or MoU) is a document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action.

A Proforma invoice is an invoice provided by a supplier in advance of providing the goods or service. Basically contain much of the same information as the formal quotation …