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merchantfinance · 3 years
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merchantfinance · 3 years
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merchantfinance · 3 years
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After the announcement, the consultation procedure is explained to you, a file is opened for you and the time is determined.
Tags of the consultation can be all neurosurgical diseases of brain, spinal or nerve described at (brain tumors, meningiomas, gliomas, neuronomi, brain trauma, disc herniation, brain aneurysm, nerve injury, etc.) and all types of long and persistent pain ( headache , abdominal in the neck , pain in the face , back pain , herpes zoster neuralgia , intercostal neuralgia , ...)
There are two types of consultations:
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merchantfinance · 3 years
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Trade transactions involve a series of formalities and legal criteria that end up complicating the payment process. That’s why several payment methods and procedures have been determined to facilitate a smooth undertaking between the exporters and importers.
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merchantfinance · 3 years
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Trade transactions involve a series of formalities and legal criteria that end up complicating the payment process. That’s why several payment methods and procedures have been determined to facilitate a smooth undertaking between the exporters and importers. One of such processes is Documentary Collection through which the bank of the exporter becomes liable to receive the payment for the shipped goods from the importer’s bank.
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merchantfinance · 3 years
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Documentary Collection is a process of a trade transaction through which trade documents are forwarded from the bank of the seller to the bank of the buyer. The seller gives instructions to his/her bank to send a request with the documentation to the buyer to make the due payment. It is accompanied by the terms and conditions stating the time the documents will be available for the buyer.
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merchantfinance · 3 years
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Performance Guarantees
Performance Guarantees are a contractors’ promises to complete the project undertaken by him/her. A performance guarantee involves a legal document that states that the service or the performance of the product would continue for a particular period of time.
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merchantfinance · 3 years
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merchantfinance · 3 years
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Documentary Collection: an Effective Tool to Expedite Trade Transactions
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Trade transactions involve a series of formalities and legal criteria that end up complicating the payment process. That’s why several payment methods and procedures have been determined to facilitate a smooth undertaking between the exporters and importers. One of such processes is Documentary Collection through which the bank of the exporter becomes liable to receive the payment for the shipped goods from the importer’s bank. The details of the entire trade transaction are recorded in a document that is provided to the importer’s bank in exchange for the goods. The exporter’s bank is authorized by the exporter to serve as a collection agent for the payment. This simplified procedure makes Documentary Collection or D/C a safe, reliable, and quick way to facilitate genial trade transactions.
To receive the shipped goods without any hassle, the importer needs shipping documents from the exporter that help in clearing the customs. These delivery documents include a business invoice, a packing list, and a certificate of origin, an insurance certificate, and a bill of trade. The bill of trade, also known as the bill of the draft, serves as a formal application for the payment from the exporter to the importer.
The process of Documentary Collection may involve direct payment or the promise of payment from the importer’s bank. Based on this factor, the D/C can be divided into two categories:
● Document against acceptance, and
● Document against payment
The meaning of both these processes is clear from their names.
Document against Acceptance or D/A defines a specific date on which the importer needs to pay for the shipped goods in the future. It involves a pledge to pay on the part of the importer; it is called a time draft. On the acceptance of the time draft by the importer, the documents are released by the bank. On the other hand, the Document against Payment or a D/P demands the importer to make the payment even before the bank issues the documents. That’s why it is also known as ‘Cash against Document’ or ‘Sight Draft’.
Considering the efficacy of Documentary Collection, it can be easily termed as one of the most efficient processes to ease the payment procedure for even the most complicated trade transactions.
Contact Information:-
Address-8 The Green, Ste A, Dover, Kent County, Delaware 19901 U.S.A
Phone Number- +1 (951) 893-0001/ +1 (281) 725-6888
Email Address- [email protected] / [email protected] (Management)
Visit Us- https://merchantfinancecorp.com/
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merchantfinance · 3 years
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A letter of credit is one of the best modes of payment for international trade transactions. There are different kinds of letters of credit, Standby Letters of Credit being one of them. A Standby Letter of Credit or SLOC is a legal document issued from a bank as a guarantee for payment on behalf of the buyer or importer to the seller or the exporter. In case of the failure of the payment from the importer, the bank will be answerable to the beneficiary of SLOC. The relevance of issuing a SLOC is clear from the fact that it helps in facilitating international trade between two parties from different countries with different laws and regulations. A Standby Letter of Credit can be of two kinds: a Financial SLOC assures payment for goods as per the terms mentioned in the document; a Performance SLOC is an assurance by the bank to pay for the goods in case the importer fails to do so.
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