{"id":11377,"date":"2022-02-20T10:48:54","date_gmt":"2022-02-20T09:48:54","guid":{"rendered":"https:\/\/aedic.eu\/?page_id=11377"},"modified":"2024-07-11T00:24:17","modified_gmt":"2024-07-10T22:24:17","slug":"operazioni-documentarie-tipiche-del-commercio-internazionale-c-a-d-e-crediti-documentari","status":"publish","type":"page","link":"https:\/\/aedic.eu\/en\/document-typical-international-trade-c-c-c-credits\/","title":{"rendered":"Documentary transactions typical of international trade: C.A.D. and documentary credits"},"content":{"rendered":"

<\/span>Cash against documents (CAD)<\/span><\/h3>\n\n\n\n

L'documentary takings<\/strong> consists in a form of payment whereby the seller mandates its bank to collect the amount of the supply from the buyer upon delivery of the commercial documents (i.e. invoices, shipping documents,) and any financial documents (e.g. securities).
Again, this will be referred to as contextual payment, but contextual payment is not a function of the delivery of the goods, but rather of the documents required to be able to collect the goods.
This instrument necessarily involves at least two banks <\/strong>in the transaction, the first, called the 'transmitter', in the seller's country (the latter acting as principal in respect of the transaction) and a second bank called the 'presenter', located in the buyer's country.<\/p>

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Index<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n