Trade Leads | Trade Offers | Offers to Sell | Offers to Buy

September 26, 2007

Trade Pattern

Filed under: Trade Offer to sell — guest @ 12:00 am

Trade offer | FOB

The trade pattern of FOB

1. Inquiry | Order sheet from Buyer (Buyer –> Exporter)
2. Trade Offer sheet (P/I) issue (Exporter –> Importer)
3. L/C application (Buyer –> Opening bank)
4. L/C Open & Notice (Open bank –> Notice bank)
5. L/C Notice (Notice bank –> Exporter)
6. Export license application (Exporter –> (Clearance office) –> Custom house)
7. Export license issue (Custom house –> (Clearance office) –> Export)
8. Container booking (Exporter –> Forwarder)
9. Asking Container entering (Forwarder –> Trucking company)
10. Container arrival (Trucking company –> Exporter)
11. Stuffing and Notice of finishing stuffing (Exporter, Exporter –> Forwarder)
12. Asking Container pickup (Forwarder –> Trucking company)
13. Container pickup (Trucking company –> Stuffing place –> Wharf )
14. Vessel Departure
15. B/L (or FCR) Issue (Forwarder –> Exporter)
16. Shippng advice & sending shipping document (Export –> Buyer)
17. Negotiation (Exporter <–> Negotiating bank)
18. Asking acceptance of document (Negotiating bank –> Paying bank)
19. Asking acceptance of document (Paying bank –> Buyer)
20. Payment & accepting document (or L/G application and issue) (Importer <–> Paying bank)
21. Cargo Arrival Notice (Forwarder –> Importer)
22. Import license application (Importer –> (Clearance office) –> Custom house)
23. Import license issue (Custom house –> (Clearance office) –> Buyer)
24. Paying tax, freight charge (Importer –> Clearance office –> Forwarder)
25. Issuing D/O(Delivery order) & asking cargo transportation (Forwarder, Forwarder –> Trucking company)
26. Cargo arrival (Trucking company –> Buyer)

*** 10-14. In case of CIF conditions or other document is needed,
You should apply the document between 10 - 14.
*** Logistics company covers Forwarder, Trucking and Clearance work.
*** This procedure can be different per countries.

Below complicated diagram for trade procedure are also typical trade patterns.
[Trade Procedure] Pattern2 - Purachasing, Tax refund(in some counturies)
[Trade Procedure] Pattern3 - Merchant trade(Triangular Trade)
[Trade Procedure] Pattern4 - Double Mercahnt trade

Trade Offer - You can find all about Offer to sell, Offer to buy, Buyer list, Trade pattern, Trade know how, export, import, samples, business opportunity at Offer.net

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