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FrançaisIn a documentary collection, an alternative name given to the seller who forwards documents to the buyer through banks. See documentary collection.
Read MoreRemitting bank
In a documentary collection, the bank forwarding the exporter´s documents and the draft to, an receiving payments from, the buyer´s bank (collecting bank). See documentary collection.
Read MoreRepresentative office
An office opened in a foreign market as a first step for establishing a relationship with potential buyers or sellers. This type of office allows a company to show its commitment to the new market while permitting more intense on-the-ground…
Read MoreRequest for information (RFI)
A market research tool. A formal request from a potential buyer (public or private) to the market asking for information to get an idea of the number and type of suppliers and the range of solutions, technologies and products or…
Read MoreRequest for proposal (RFP)
A document issued by a purchaser seeking purveyors for very specific goods or services. The RFP will give basic technical requirements and possibly price restrictions. Purveyors will respond with either a request for more data or a bid for providing…
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