On: December 7, 2003 By: Sue Senger
Creating a Canada Customs Invoice
The Canada Customs Invoice is the official document used by Canadian customs to enter imports into Canada.
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On: September 1, 2003 By: Chris Lidberg
International Letter of Credit: What Constitutes a Discrepancy
You must meet the terms of a letter of credit in order to get paid. Here are the types of discrepancies that can cause problems with the bank.
On: June 29, 2003 By: Hank Selby
The 5 Most Common Mistakes of New Importers
After more than 20 years working with importers, I have come up with the 5 most common mistakes new importers tend to make.
On: July 21, 2002 By: Hank Selby
What Is an Assist?
An assist occurs when an importer of foreign merchandise provides something of tangible value to the producer or supplier of that merchandise. You may be required to pay duty on the value of that assist. We explain.
On: May 19, 2002 By: Chris Lidberg
Will Your Bank Add Their Confirmation to a Letter of Credit?
If you decide you need to use a confirmed letter of credit to ensure that you will get paid for your export, you need to make sure that your bank will add their confirmation. Here are some reasons they might not want to confirm.
On: March 10, 2002 By: Chris Lidberg
Trade Letters of Credit versus Standby Letters of Credit
The trade letter of credit is intended to be a payment tool. The standby letter of credit is just the opposite. It is not intended to be drawn upon.
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