Standard Shipping Note (SSN)

It is the receiving document for ports and containers bases around the world, and advises of the necessary information to process and handle the goods safely and with care. In most cases, it is completed by freight forwarders or agents…

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Standby L/C

The standby letter of credit is very similar in nature to a guarantee. The beneficiary can claim payment in the event that the principal does not comply with its obligations to the beneficiary. Payment can usually be realized against presentation…

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Start date

The date when a contract begins and the supplier must start providing the contracted goods or services.

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Statement of Work (SOW)

A Statement of Work is a document that describes what needs to be done in the agreed contract. Usually, the SOW is written in a precise and definitive language and This prevents any misinterpretations of terms and requirements. An SOW…

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