Cash against documents

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf trade finance term
gptkbp:abbreviation gptkb:CAD
gptkbp:alternativeTo letter of credit
open account
gptkbp:category payment method
gptkbp:commonIn export transactions
https://www.w3.org/2000/01/rdf-schema#label Cash against documents
gptkbp:involves gptkb:bank
buyer
seller
gptkbp:meaning buyer pays upon receipt of shipping documents
gptkbp:processor bank releases documents after payment
documents sent to buyer's bank
gptkbp:riskFactor higher for seller than letter of credit
lower for seller than open account
gptkbp:usedIn gptkb:treaty
gptkbp:bfsParent gptkb:CAD
gptkbp:bfsLayer 4