Pre & Post Shipment Documentation in Import and Pre & Post Shipment Finance Documentation in Export.

1. Pre-shipment documentation refers to the various documents and paperwork that need to be completed and processed before a shipment can be dispatched from its point of origin. These documents typically include the commercial invoice, packing list, bill of lading or airway bill, export declaration, and any relevant permits or licenses required for the export of the goods.

Post-shipment documentation, on the other hand, refers to the documents that are generated and processed after a shipment has been dispatched from its point of origin. These documents typically include the bill of lading or airway bill (which may also serve as a receipt of shipment), certificate of origin, inspection certificate, and any other relevant documents required by the importer or customs officials in the destination country.

Both pre and post-shipment documentation are essential for ensuring that goods are shipped smoothly and legally, and that they reach their intended destination without any problems or delays.

2. Pre-shipment finance documentation refers to the various documents and paperwork required by banks and financial institutions to provide financing to exporters before the shipment of goods. These documents typically include the proforma invoice, purchase order, export contract, and insurance certificate. The bank or financial institution may also require additional documents such as a letter of credit or a bank guarantee.

Post-shipment finance documentation, on the other hand, refers to the documents required by banks and financial institutions to provide financing to exporters after the shipment of goods. These documents typically include the commercial invoice, bill of lading, and any other relevant shipping documents. The bank or financial institution may also require additional documents such as a shipping guarantee or a marine insurance policy.

Both pre and post-shipment finance documentation are essential for securing financing for international trade transactions. These documents help banks and financial institutions assess the risk of the transaction and ensure that the goods are shipped and received in accordance with the terms and conditions of the financing agreement.

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