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FrançaisIn letters of credit, at the request of an applicant, the issuing bank may give a pre-advice of issuance and/or amendment of the letter of credit. A pre-advice is usually marked with a reference such as “full details to follow”….
Read MorePre-carriage
Transportation from the place where a shipping originates to the departure point on the seller´s side. Pre-carriage brings the goods to the main carrier, and is often called “inland freight on the seller´s side”.
Read MorePre-qualified suppliers list
A list of suppliers that a government agency has pre-approved as capable of delivering specific goods or services.
Read MorePre-shipment inspection (PSI)
An inspection of contract goods prior to shipment so as to ascertain their quality, quantity or price. Importers may insist on PSI, requiring the exporter to furnish a certificate of inspection – commonly issued by neutral, internationally respected firms such…
Read MorePreferences
Special advantages extended by importing countries to exports from particular trading partner countries, usually by admitting their goods at tariff rates below those imposed on imports from other supplying countries.
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