This arrangement allows an Importer to pay for goods after getting possession of shipping documents (Documents against Payment (D/P) or to pay at a later date- typically after selling and collecting (Documents against Acceptance (D/A), with FTB playing an intermediary role.
Whether you are an importer or exporter, make use of this service to facilitate smooth settlement for goods under “open account” arrangement (where seller releases goods prior to receiving payment).
Benefits:
Requirements: