Cash Against Documents
In certain import shipments, the importers, send the goods to the name of the bank, by indicating the bank of the buyer as consignee. In such shipments the original ATR, invoice and all documents requested to be issued and sent to the buyer are not sent together with the goods but through the banks. These are named documentary shipments. As the goods arrive for delivery, these are not delivered unless a written confirmation issued by the bank confirming payment, is taken.

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