RNR Trade Corporation Company Limited

Are you affiliated with the business? If you involved in import and export business, then this article is appropriate for you. Here you will, get a solid information of document against payment. Do you want to learn more about it? Then keep scroll down this page. Document against payment Document against payment is an international trade procedure. Here the exporter sends the sight draft to his bank and importer clears all payment through his/her clearing bank. It is an easy transaction process. People, who involved in export and import business, use this payment process. Now read the below points and know the advantage of using this payment process. Advantage of document against payment It is an updated payment method. Those who are involved in a large-scale business, they can buy goods in this payment method. Document against payment less pricey than letter of credit. The document against payment is a system under which a seller instructs the prese...

Documents are undoubtedly an important asset for a business as it keeps all the records of your business. The business owners who are involved in international business are quite concerned about the document against payment. In Thailand, most of the business owners prefer to opt for the Non-Banking Financial Companies in this regard. If you have a plan to start your international business, you also have to invest your time behind the document against payment. Hence, you are suggested to contact an NBFC regarding document against payment in Thailand instead of consulting with the banks. You will get many facilities in this way. But prior to contact an NBFC, you should know what the document against payment actually is. So, go through this article and make your idea clear. What is document against payment? Document against payment is nothing but an arrangement under which an exporter instructs a bank or a Non Banking Financial Company (NBFC) to hand over the shipping and t...