Documents
Numerous standard documents are required when engaging in foreign trade. Here are some of the main ones:
Commercial Invoice - This document specifies the contents of the goods being received, as well as the price, date of payment, terms of payment, packaging, delivery method and place. The invoice must be signed by the supplier and addressed to the importer or to the bank providing the credit.
Packing List – A list describing the content of goods in the various handling units.
Marine Bill of Lading - This document is the carrier's confirmation of receipt of the goods for shipping as well as a certificate of title assignable in the buyer’s favor (importer). Upon receipt of the bill of lading, the title of the goods is transferred to the importer.
Airway Bill - A certificate of receipt and shipping contract only. The goods will be released to the party registered as consignee.
Combined Shipping Bill - Covers intermodal shipments or several shipments by the same type of carrier.
Insurance Certificate - An agreement with the insurance company for compensation in the event of loss or damage to the goods. The insurance document must be made to the order of the importer before shipping the documents
