A cash margin requirement is a regulation to deposit the total amount of the transaction value in a foreign currency, or a specified part of it, in a commercial bank, before the opening of a letter of credit (e. g. deposit of…
Read MoreCertificate of conformity
Some countries (specially Eastern countries, such as Russia, Belarus, Kazakhstan or Moldova and Romania) require a certificate of conformity. The certificate of conformity confirms that the goods comply with standards issued by the importing country. Features of a certificate of…
Read MoreCertificate of Origin
A document attesting to the country of origin of the goods. A certificate of origin is often required by customs authorities of a country as part of the entry process. Such certificates are usually through an official organization in the…
Read MoreCertification of Origin Form A
This certificate is a type of Certificate of Origin that allows imports from the countries included in the GSP (General System of Preferences) – developing countries – to qualify for the elimination or reduction of tariffs as this system gives…
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