The number and type
of documents that the exporter must produce vary according to the terminus and
type of shipment. Because each country has its own set of import regulations,
the exporter must take care to find out, well in advance, what documents will
be required for the shipment of goods to clear customs in another country. It’s
best to ask the foreign importer what documents are
required in his or her country for up-to-date foreign import requirements and
verification.
Discrepancies or
omissions in documentation may result in the export of merchandise being
delayed, may result in non-payment, or even result in the seizure of the
exporter’s goods by the U.S. or foreign customs officials. Collection documents
are subject to precise time limits, and may not be honoured by a bank if the
date has expired. Most documentation is routinely prepared by freight
forwarders and customs brokers, but, as the exporter, you are ultimately
responsible for the accuracy of the documents.
It’s important to understand
what documents are required for a shipment and why they are required. Another
option is to have a freight forwarder prepare documents for your
exports.
Parties are
screened against the data maintained in Workseer's
Global Knowledge® application which contains the most comprehensive and
current database of global trade content
and international business rules available today. The information covers over
700 restricted party lists from more than 200 countries, making Workseer's
trade content and update process the best in the industry.
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