AI-created image
Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:trade_finance_term
|
| gptkbp:abbreviation |
gptkb:CAD
|
| gptkbp:alternativeTo |
letter of credit
open account |
| gptkbp:category |
gptkb:payment_method
|
| gptkbp:commonIn |
export transactions
|
| 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
|
| https://www.w3.org/2000/01/rdf-schema#label |
Cash against documents
|