Import, Export, Shipping Glossary

Import, Export, Shipping Glossary

Import, Export, Shipping Glossary

 

 

 

Invoice

Purchase and Sales Contract indicating car name, units, price and payment method. It is an important document effected by our signature and the buyer's one.

 

Consignee

The buyer. Strictly speaking, the person or the company who is responsible and has the right to pick up the imported car from the port. The imported car will belong to the consignee.

 

B/L

The buyer. Strictly speaking, the person or the company who is responsible and has the right to pick up the imported car from the port. The imported car will belong to the consignee.

 

T/T

Telegraphic Transfer (Wire Transfer)
A method of transferring funds from one entity to another. It can be done by a simple bank account transfer.

 

Freight

SFOB Japan

 

FOB Japan

"Free on Board"
Total cost at the Japan Port (does not include freight and marine insurance).

 

C&F

Cost & Freight. Total cost until landed to the destination port (except marine insurance).  

 

CIF

Cost, Insurance, & Freight
Total cost until landed to the destination Port.

 

Import, Export, Shipping

A document that certifies of the origin of the goods.
Some countries need this document to import cars.

 

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